Arthur Irving dies at 93
When we run our business, the score is. Be profitable. Run your business so you can be a credit to yourself and to your employees and to the public. Arthur Irving was the middle son of Casey Irving, the small town businessman who built a multi billion dollar conglomerate. If I'm a shipbuilder then arts. the Super salesman. Arthur ran Irving Oil. He was famous for his belief in customer service and his drive. That's our drive. Every day, every day, every day. And not quit. Irving's refinery in Saint John is Canada's largest. It expanded under Arthur Irving's leadership and now processes 320,000 barrels of crude oil a day. It helped make him wealthy, though he always played down his fortunes. I know I have got a penny in my pocket right now, and I don't need a penny right now, but I know where to get it if I need it. Forbes magazine recently estimated Arthur Irving's wealth at $6.4 billion In 2023. The magazine ranked him the 8th richest person in Canada. This money deal is forget it. You got enough for a hamburger now and again, that's just fine with us. Arthur Irving's success made him an Officer of the Order of Canada and a member of the Canadian Business Hall of Fame, along with his brothers James, Kay and Jack. After the brothers split up, the conglomerate Irving Oil came under a family trust controlled by Arthur and his children. His son Kenneth left his CEO in 2010 following a mental health breakdown, and he was estranged from his father after a court battle over the structure of the trust. Arthur's death comes at an uncertain time for Irving Oil. The refinery is New Brunswick's largest emitter of greenhouse gases, and last year the company announced A strategic review that it said could lead to the sale of the business. So thank you for the work that you do. Arthur's daughter, Sarah, left her position with the executive leadership team last year. Now it's up to his heirs to decide the future of the company that bears his imprint. Nothing would have happened if we didn't have. Good family and good employees and good people in advance.