Imperial Oil Limited Appoints Chairman and Chief Executive Officer
-- R.M. Kruger to succeed B.H. March effective March 1
-- B.H. March appointed senior vice president of ExxonMobil
CALGARY, Feb. 21, 2013 /CNW/ - The board of directors of Imperial Oil Limited
is pleased to announce the appointment of R.M. (Rich) Kruger as chairman,
president and chief executive officer effective March 1.
Mr. Kruger, currently president of ExxonMobil Production Company, succeeds
B.H. (Bruce) March, who has been appointed senior vice president of global
operations for ExxonMobil Chemical Company.
"We would like to thank Mr. March for his leadership and vision over the past
five years. During his tenure as chairman and CEO, he has led Imperial through
a period of strong earnings and company growth, which will enable Imperial to
double its size within a decade," Imperial's board of directors said today.
As senior vice president of global operations for ExxonMobil Chemical Company,
Mr. March will have responsibilities for ExxonMobil Chemical's worldwide
engineering, manufacturing technology and manufacturing operations, which
include 17 major manufacturing sites in 11 countries.
ExxonMobil Chemical Company is one of the world's largest petrochemical
companies and has global revenues of $65 billion and earnings of nearly $4
Mr. Kruger started his career with Exxon in 1981 in Houston, Texas, and held
various technical, supervisory, and management positions throughout the United
States. In 1996, he became technical manager for Exxon's engineering
activities in the former Soviet Union and in 1999 was appointed vice
president, Africa Deepwater, ExxonMobil Development Company. In 2001, he was
appointed director and chairman of ExxonMobil's subsidiaries in Malaysia, and
in 2003 was appointed vice president, Asia Pacific/Middle East, for ExxonMobil
Mr. Kruger was appointed vice president, United States, of ExxonMobil
Production Company in 2005 and in 2006 was named executive vice president of
ExxonMobil Production Company. He was appointed president of ExxonMobil
Production Company and elected a vice president of Exxon Mobil Corporation in
A native of Minneapolis, Minnesota, Mr. Kruger holds a mechanical engineering
degree from the University of Minnesota and a master's degree in business
administration from the University of Houston.
Imperial Oil is one of Canada's largest corporations and a leading member of
the country's petroleum industry. The company is a major producer of crude oil
and natural gas, Canada's largest petroleum refiner, a key petrochemical
producer and a leading marketer with coast-to-coast supply and service station
Investor inquiries John Charlton Investor Relations 403-237-4537
Media inquiries Pius Rolheiser Public Affairs 403-237-2710
Image with caption: "Richard M. Kruger (CNW Group/Imperial Oil Limited)".
Image available at:
SOURCE: Imperial Oil Limited
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CO: Imperial Oil Limited
NI: OIL 2575 WNEWS
-0- Feb/21/2013 13:00 GMT
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