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Imperial Oil ( (TSE:IMO) ) has provided an announcement.
On February 12, 2025, Imperial Oil announced that Brad Corson would retire after 42 years, stepping down as president effective April 1, 2025, and as CEO and chairman after the May 8, 2025, annual meeting. John Whelan has been nominated to succeed him, bringing extensive experience from ExxonMobil. The transition is part of a strategic move to continue Imperial’s momentum in operational excellence and shareholder value growth.
More about Imperial Oil
Imperial Oil is an industry leader in responsibly developing Canada’s energy resources, renowned as the country’s largest petroleum refiner, a significant producer of crude oil, a key player in petrochemicals, and a leading fuels marketer across Canada. The company is committed to high standards and innovation in its operations.
YTD Price Performance: 12.73%
Average Trading Volume: 545,306
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $36.87B
For an in-depth examination of IMO stock, go to TipRanks’ Stock Analysis page.
