Northwire Canada EditionThursday, October 15, 2026
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Management

Permex Petroleum Announces Resignation of President and CEO, Brad Taillon; Chairman of the Board, Richard Little, to Step in as Interim CEO

By The Northwire Desk — AI Analysis Jan 12, 2026 · 19:02 OIL · 4.8 Permex Petroleum Corporation
OIL · Price

Executive Summary

  • President, CEO and Interim CFO Brad Taillon resigns effective January 12, 2026; will remain available to assist with transition.
  • Chairman Richard Little assumes interim roles of President, CEO and CFO while the board evaluates strategic growth opportunities.
  • The leadership change is presented as a smooth transition with continued focus on maximizing shareholder value.

Key Details

  • Brad Taillon steps down after serving as President, CEO and Interim CFO for approximately two years.
  • Taillon will stay involved with Permex to help ensure an orderly hand‑over.
  • Chairman Richard Little, a board member since October 2024 with over 30 years of industry experience, is appointed interim President, CEO and CFO.
  • The board indicated it will continue evaluating strategic growth opportunities during the transition period.
  • No immediate changes to operational plans or financial guidance were disclosed.

Notable Quotes

  • Brad Taillon: “I am very thankful for the opportunity to lead Permex over the past couple of years… I will do everything I can to help the company during this time and going forward.”
  • Richard Little: “During this transition period, we will remain focused on maximizing the value of Permex and delivering for our stakeholders.”
Read the original news release →

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