Stantec Announces Planned CEO Transition; COO Susan Reisbord to Succeed Gord Johnston
STN is trading near its 52-week low of $69.47 (0.8% above the low).
Summary
Stantec announced a planned CEO transition, with current COO Susan Reisbord succeeding Gord Johnston, who will become Vice Chair of the Board, effective October 1, 2026.
Key Events · Executive and Board Changes · STN
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CEO Transition Announced
Gord Johnston will retire as President and CEO on October 1, 2026, and transition to Vice Chair of the Board of Directors.
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New CEO Appointed
Susan Reisbord, currently Chief Operating Officer for North America, has been appointed as the new President and CEO, effective October 1, 2026.
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Planned Succession
The company emphasized this is a long-standing, Board-led succession plan, aiming for continuity in leadership.
Analysis · STN · Trade & Services
Stantec is undergoing a planned leadership transition with current President and CEO Gord Johnston retiring on October 1, 2026, and moving to Vice Chair of the Board. Susan Reisbord, the current COO for North America, will take over as CEO. This is presented as a smooth, Board-led succession, emphasizing continuity and internal promotion, which typically minimizes market disruption.
At the time of this filing, STN was trading at $70.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $8B. The 52-week trading range was $69.47 to $114.52. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.