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Market · May 12, 2026, 01:31 PM · 1 source

Tech firm CGI appoints new CEO after AI-driven share price decline

Bloomberg Markets reports that CGI has named Tim Hurlebaus as new CEO following stock losses driven by AI-related market concerns. The leadership change signals the firm's bid to rebuild investor confidence in its AI strategy.

For enterprise IT buyers, CGI's leadership transition may accelerate strategic shifts in their AI consulting and infrastructure services offerings.

Sources

Everything this brief rests on
  1. 01 Primary source bloomberg.com