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Imperial Oil Ltd.

04:45 PM EST - Imperial Oil Ltd. : has appointed Bruce March, now with U.S. parent firm ExxonMobil, as the Canadian firm's president as of Jan. 1, while Tim Hearn gives up that title but remains as chairman and CEO. March, also elected as an Imperial Oil director, is the director of refining for Europe, Africa and the Middle East for ExxonMobil Petroleum & Chemical BVBA in Brussels. Imperial Oil Ltd. shares T.IMO are trading down 1.40 at $51.60.