Rich Krueger …… REALLY ??

I’m an Exxon employee for past 21 years in US/Middle East And found out just recently that ex Imperial CEO Rich is not Suncor CEO.

Why tf would Suncor pay to get Rich out of retirement and onboard him….. he’s an old fa-t and his peak was spent working at Exxon/Imperial…. Whatever he had he’s used up here…. Trust me he hasn’t got anything much to offer and defs not worth $38M that’s crazy.

Also, hiring a lifer from a supermajor is a super bad move…. God knows where his loyalty lies…..for all you know he could still have a massive soft spot for Exxon and Imperial. The CEO is the last person you want joining your company looking to make a quick buck… imo all CEOs should be chosen from within the organization…. Their emotional attachment to the organization and love and compassion for its people is very important for them to succeed at their role. That’s my 2 cents.

Comment! It's anonymous!

2 replies (most recent on top)

He’s an absolutely horrible CEO. He’s not worth a sh-t. Definitely not worth the $36.8 million. Game plan is cold hearted ruthless cash grabbing, push costs as low as possible, and try and su-k as much money out from the company and assets as possible. All for apparent shareholder value. The far out long term growth and optics of the company have never looked so bad. Short term gains for long term pain is obviously their objective.

To answer the question why Suncor would make such a d-mb stupid move. It was the Suncor board of directors particularly those from Elliot Activist Investors that brought him on board as CEO. They are trying to squeeze the company to boost the stock price then sell. But Rich and Elliot activist investors are playing a dangerous game and they better time their exit well because at the ground level this place has never been worse.

At least we’re not Cenovus…yet

Thread regarding Suncor Energy Inc. layoffs

Rich Krueger …… REALLY ??

2 replies (most recent on top)

Post a reply