Monitor upcoming quarterly earnings for any strategic shifts under new CEO. The transition is orderly and internal, suggesting continuity — no immediate trading catalyst.
Price Chart
Executive Summary
CGI announced the immediate appointment of Tim Hurlebaus as President and CEO, succeeding retiring CEO François Boulanger. Hurlebaus, previously COO, oversaw operations representing nearly half of CGI's annual revenue. This is a planned leadership transition with no financial guidance or material operational changes disclosed.
Key Facts
- Tim Hurlebaus appointed President and CEO effective May 12, 2026
- Hurlebaus previously served as President and COO for two years, overseeing US, UK, and Australia operations (~50% of revenue)
- Former CEO François Boulanger retiring after 30 years at CGI
- Hurlebaus has 35+ years of IT consulting experience and began his career at CGI as a developer
- CGI Fiscal 2025 revenue reported as CA$15.91 billion
- Company has 94,000 consultants globally
Financial Impact
No financial impact disclosed; leadership transition is routine and planned
Risk Factors
- Potential strategic pivot under new leadership could introduce uncertainty
- Retirement of long-tenured CEO may signal cultural or operational changes over time
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-218148 |
| Document: d152309d6k.htm | 0001193125-26-218148 |
| Document: 0001193125-26-218148-index-headers.html | 0001193125-26-218148 |
| Document: 0001193125-26-218148-index.html | 0001193125-26-218148 |
| Document: 0001193125-26-218148.txt | 0001193125-26-218148 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 31, 2026 4w ago | GOVT-CONTRACT | $75.25 $67.62 | ▼ −10.14% | ▼ −9.95% | $70.19 (−6.72%) |
Jul 29, 2026 9w ago | 6-K | $74.50 $73.24 | ▼ −1.69% | ▼ −6.71% | $70.19 (−5.79%) |
Jul 27, 2026 9w ago | Court Ruling | $69.47 $74.82 | ▲ +7.70% | ▲ +4.40% | $70.19 (+1.04%) |
May 12, 2026 20w ago | 6-K | $63.19 $66.85 | ▲ +5.79% | ▲ +7.52% | $70.19 (+11.08%) |
Apr 29, 2026 22w ago | 6-K | $65.46 $67.63 | ▲ +3.32% | ▼ −2.73% | $70.19 (+7.23%) |
US Market Status
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