US EditionParkland CEO to resign
- Bob Espey plans to step down as chief executive of Parkland Corp. As the company faces pressure from its largest shareholder, Simpson Oil Ltd.
- Simpson Oil Ltd., which owns nearly 20% of Parkland's shares, is pushing for a board overhaul, naming nine nominees for the upcoming meeting on May 6.
- Parkland described Simpson's proposal as an attempt to gain control without premium payment and noted governance failures and financial issues that have not been resolved by board changes.
- Bob Espey expressed that stepping down may help resolve issues with Simpson Oil Ltd. And benefit shareholders.
17 Articles
17 Articles
SooToday.com
Parkland says chief executive Bob Espey to step down amid shareholder battle
CALGARY — Parkland Corp. says its chief executive is planning to step down as activist shareholders push for sweeping changes at the fuel refiner and retailer.
Sask Today
Parkland says chief executive Bob Espey to step down from top job
CALGARY — Parkland Corp. says chief executive Bob Espey has told its board of directors that he plans to step down from the top job. The change comes as the company's largest shareholder tries to replace a majority of the board.
Parkland Announces Management and Business Updates - PressReach
Bob Espey, President & CEO, Announces Decision to Step DownMichael Jennings, Chair of the Board, Appointed as Executive ChairProvides Preliminary Q1 2025 Results Amidst Macroeconomic and Regulatory Volatility CALGARY, AB, April 16, 2025 /CNW/ – Parkland Corporation (“Parkland” or the “Company”) today announced key management and business updates. CEO Succession Bob Espey has informed the Board of Directors that he will step down as President an…
Parkland Announces Management and Business Updates
Bob Espey, President & CEO, Announces Decision to Step Down Michael Jennings, Chair of the Board, Appointed as Executive Chair Provides Preliminary Q1 2025 Results Amidst Macroeconomic and Regulatory Volatility CALGARY, AB, April 16, 2025 /PRNewswire- Hispanic PR Wire/ — Parkland Corporation (“Parkland” or the “Company”) today announced key management and business updates. CEO Succession Bob Espey has informed the Board of Directors that he will…
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