Breaking News

Tweet TWEET

Imperial Oil Limited Appoints Chairman and Chief Executive Officer

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
        Chemical Company

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 
billion.

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 
Production Company.

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 
2008.

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 
networks.

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:  
http://photos.newswire.ca/images/download/20130221_C7285_PHOTO_EN_23941.jpg

SOURCE: Imperial Oil Limited

To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/February2013/21/c7285.html

CO: Imperial Oil Limited
ST: Alberta
NI: OIL 2575 WNEWS 

-0- Feb/21/2013 13:00 GMT


 
Press spacebar to pause and continue. Press esc to stop.