Irving Oil concludes strategic review and announces new President & CEO

Publication date

14 January, 2025

Saint John, NB – Our company is pleased to announce the completion of our strategic review process, which was announced in June 2023. At that time, we shared that our company would begin a review of our business to explore all options on the future of our business. 

Irving Oil remains a strong and secure company, supported by great employees and valued customers; it remains anchored in the values it has forged over the last 100 years beginning with our founder, K.C. Irving, and Arthur Irving. We are pleased to confirm Irving Oil will remain a privately held company, and we remain as committed to our people, our customers and our communities today as ever before. 

As we set our course for the future, Irving Oil is pleased to announce the appointment of Jeff Matthews as President & CEO of our company. Matthews brings a deep understanding of our company through his 30 years of working with Irving Oil in roles including Chief Business Development Officer, Chief Financial Officer and most recently, Chair of Irving Oil’s Executive Management Committee. 

As ever, our entire organization remains focused on continuing to operate safely, reliably and delivering a secure supply of energy to our valued customers as well as growing our business.