Alfred Stern appointed President and CEO of Irving Oil
- Reports
- 5
- Developments
- 1
- Repetition
- 80%
New informationRepeats or wire copies
What happened
Irving Oil announced that Alfred Stern has been appointed its next President and Chief Executive. Stern will assume the top job effective November 1, following the retirement of Jeff Matthews. Stern previously served as chairman and chief executive of Austrian oil and gas group OMV AG. Irving Oil is a privately owned energy company that operates Canada's largest oil refinery.
From theglobeandmail.com
Why it matters
The appointment of Alfred Stern signals a change in the strategic direction of Irving Oil. Stern stated his plan to build on the company’s foundation by investing in safety, reliability, and security of supply to support long-term growth.
From theglobeandmail.com
Who's involved
- Alfred SternAppointed President and Chief Executive of Irving Oil
- Irving OilCanadian oil company operating Canada's largest oil refinery
- Jeff MatthewsRetired from the role of chief executive at Irving Oil
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Irving OilSpeculative
Irving Oil might adjust its investment strategy and operational costs based on Stern's stated plan to prioritize security of supply.
How this reaches others
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The entities involved
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Alfred Stern
Austrian manager
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