Irving Oil has found its new president and CEO.
The company announced Monday that Alfred Stern will assume the role on Nov. 1.
In a statement on behalf of the board of directors, lead director Maureen Kempston Darkes said Stern will be responsible for leading Irving Oil’s strategy and stewarding the company’s growth.
“The board conducted an extensive global search to identify a leader with the experience, perspective and strategic capabilities needed to guide Irving Oil through its next chapter,” Darkes said.
Stern will join the company on Oct. 1 and assume his new roles on Nov. 1.
“I am honoured to join the Irving Oil team at such an important time in its history,” said Stern.
“For over a century, this company has been guided by its commitment to employees, customers, businesses and communities.”
Most recently, Stern has served as chairman of the executive board and CEO of OMV AG, one of Europe’s largest integrated energy, fuels and chemical companies with more than 20,000 employees.
He has more than 30 years of leadership experience in the energy sector in operations in North America, Asia, Europe and the Middle East.
He steps into the role being vacated by Jeff Matthews, who will retire on Nov. 1 after 32 years with Irving Oil.
Matthews has served as president and CEO since January 2025.
