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Paramount Resources, one of the oil and natural
gas companies the 81-year-old billionaire built, said Riddell
died Saturday.
"We mourn the passing of a great man of industry, sports,
philanthropy and human decency along with our city, province and
country," Flames vice chairman and CEO Ken King said in a
statement. "His legacies to all of us are immeasurable. To his
family our gratitude, respect and deepest sympathy."
Riddell joined the Flames' ownership in 2003, and he
relinquished his role as CEO of Paramount Resources in 2015.
"On behalf of the National Hockey League and our board of
governors we extend our deepest condolences to the family of
Clay Riddell," NHL commissioner Gary Bettman said in a
statement. "Clay's passion and commitment to his city and
beloved Flames will be deeply missed."
--Field Level Media
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