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Murphy Oil ( (MUR) ) has shared an announcement.
Murphy Oil Corporation is set for a leadership transition as Roger W. Jenkins retires as CEO by the end of 2024, with Eric M. Hambly stepping into the role from January 2025. Jenkins will aid the transition as a non-executive employee through 2025. Hambly’s promotion comes with a salary increase to $950,000 and enhanced bonus and incentive plans, signaling a strong strategic direction for the company.
For detailed information about MUR stock, go to TipRanks’ Stock Analysis page.
