Richard Michael Kruger (born March 10, 1959) is an American business executive presently serving as

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Suncor Energy Suncor Energy Inc. () is a Canada, Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public ...

. He is the former CEO, chairman, and president of

Imperial Oil Imperial Oil Limited () is a Canadian petroleum company. It is Canada's second-largest integrated oil company. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, ...

, serving from 2013 to 2019. Previously, he served as President of Production and Vice President of Operations for

ExxonMobil Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct s ...

, having been employed by the company since 1981. 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. Born March 10, 1959, he was raised in Richfield, Minnesota. A 1977 Richfield High School graduate, he holds a

mechanical engineering Mechanical engineering is the study of physical machines and mechanism (engineering), mechanisms that may involve force and movement. It is an engineering branch that combines engineering physics and engineering mathematics, mathematics principl ...

degree from the

University of Minnesota The University of Minnesota Twin Cities (historically known as University of Minnesota) is a public university, public Land-grant university, land-grant research university in the Minneapolis–Saint Paul, Twin Cities of Minneapolis and Saint ...

, and a

business administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...

degree from the

University of Houston The University of Houston (; ) is a Public university, public research university in Houston, Texas, United States. It was established in 1927 as Houston Junior College, a coeducational institution and one of multiple junior colleges formed in ...

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

References

{{DEFAULTSORT:Kruger, Richard American chief executives Living people 1960 births ExxonMobil people University of Minnesota College of Science and Engineering alumni University of Houston alumni People from Richfield, Minnesota