R.M. Kruger to succeed B.H. March effective March 1
B.H. March appointed senior vice president of ExxonMobil Chemical
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
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.
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
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