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OR Board Appoints Nisit Pongwuttipraphan as New CEO

Matichon Online One source

Key points

  • PTT Oil and Retail Business (OR) has officially appointed Nisit Pongwuttipraphan as its new Chief Executive Officer, succeeding M.L.
  • Peekthong Thongyai.

According to a report by Matichon Online on October 27, 2026, the Board of Directors of PTT Oil and Retail Business Public Company Limited (OR) has reached a decision to appoint Nisit Pongwuttipraphan as the company's new Chief Executive Officer. He will take over the leadership role from the outgoing CEO, M.L. Peekthong Thongyai.

For residents and frequent travelers in Thailand, OR is a significant entity as it operates the extensive network of PTT Station fuel outlets, Café Amazon coffee shops, and various retail convenience stores across the country. Changes in top-level management at such a major retail and energy conglomerate can often signal shifts in corporate strategy, service standards, or expansion plans for their retail footprint.

While the appointment has been confirmed by the board, specific details regarding the transition timeline and the strategic vision Nisit intends to implement remain to be clarified. Stakeholders and customers will likely monitor future announcements to see if this leadership change impacts the operational direction of the company’s widespread retail and service network.