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Stantec Names Susan Reisbord CEO as Gord Johnston Moves to Vice Chair Role

Tipranks - Thu Jun 18, 6:23PM CDT

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An update from Stantec ( (TSE:STN) ) is now available.

On June 17, 2026, Stantec announced that long-serving president and chief executive officer Gord Johnston will retire from his executive role effective October 1, transitioning to vice chair of the board while remaining a director. The move follows a long-standing, board-led succession plan aimed at preserving continuity in client relationships, project delivery, and operational focus across the business.

The company named Susan Reisbord, currently chief operating officer for North America and a former CEO of Cardno, as its next president and chief executive officer, highlighting her three decades of industry experience and recent leadership of key business units. With Johnston credited for expanding Stantec’s global footprint and strengthening its strategic focus over eight-and-a-half years, the leadership change signals an evolution rather than a strategic overhaul, positioning the firm to pursue its next growth chapter while reassuring investors and clients about stability at the top.

The most recent analyst rating on (TSE:STN) stock is a Buy
with a C$140.00 price target.
To see the full list of analyst forecasts on Stantec stock,
see the TSE:STN Stock Forecast page.

Spark’s Take on STN Stock

According to Spark, TipRanks’ AI Analyst, STN is a Neutral.

The score is driven mainly by solid financial performance (growth and improving margins, with good earnings-to-free-cash-flow conversion), tempered by higher leverage and weakening free-cash-flow growth. Technicals are the largest near-term risk due to a strong downtrend across key moving averages and negative MACD, while valuation is only moderate with a modest dividend yield.

To see Spark’s full report on STN stock,
click here.

More about Stantec

Stantec Inc. is a global provider of sustainable architecture, engineering, and environmental consulting services, trading on the TSX and NYSE under the symbol STN. The company focuses on helping clients manage aging infrastructure, demographic shifts, and the energy transition, delivering design and consulting solutions that address climate change, digital transformation, and future-proofing cities and infrastructure.

Average Trading Volume: 460,179

Technical Sentiment Signal: Hold

Current Market Cap: C$11.36B

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