Richard_Kruger

Richard Kruger

Richard Kruger

American business executive

Richard Michael Kruger (born 1960) is an American business executive presently serving as chief executive officer of Suncor Energy. He is the former CEO, chairman, and president of Imperial Oil, serving from 2013 to 2019.[1] Previously, he served as President of Production and Vice President of Operations for ExxonMobil,[2] having been employed by the company since 1981.[3][4]

Quick Facts Born, Nationality ...

In 2023, Kruger's total compensation was reported as $36.8M at Suncor, despite failing to meet his goal of maintaining a stock price of over $50 a share. In 2018, Kruger's total compensation was $7.8 million on a base salary of $1.2 million. [5]

Born March 10, 1960, he was raised in Richfield, Minnesota. A 1977 Richfield High School graduate,[6] he holds a mechanical engineering degree from the University of Minnesota, and a business administration degree from the University of Houston.[2]

On February 21, 2023, Suncor Energy announced that Kruger had been named its new chief executive officer after a months-long search.[1] Kruger replaced interim Suncor CEO Kris Smith on April 3, 2023.[1]

References

  1. [1]
    "Suncor announces energy industry veteran Rich Kruger as new CEO". Global News. Retrieved 2023-02-27.
  2. [2]
    "List of Public Companies Worldwide". Bloomberg.com. Retrieved 2016-01-07.
  3. [3]
    "Imperial Oil Ltd names Exxon veteran Richard Kruger as CEO". Financial Post / The Canadian Press. Business.financialpost.com. 2013-02-21. Retrieved 2019-10-09.
  4. [4]
    "Imperial Oil names Exxon veteran Kruger as CEO". The Star, Reuters. 2013-02-21. Retrieved 2019-10-09.
  5. [5]
    June 12, Sharon J. Riley; Read, 2019 9 Min. "How Alberta's biggest oil companies are still raking in billions". The Narwhal. Retrieved 2023-08-17.{{cite web}}: CS1 maint: numeric names: authors list (link)
  6. [6]
    "Richard Kruger". Classreport.org. 2013-10-04. Retrieved 2019-10-09.
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