This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Clipper Logistics Plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Well I wasnt on the beach, I was in the bar, probably, he corrects himself in a gravelly Leeds accent. WebSteve Parkin Net Worth. They are said to have hundreds of billions more built up during Covid that are seeking takeover opportunities. Los Angeles Clippers governor and former Microsoft CEO Steve Ballmer reached $100 billion in net worth Wednesday, according to Scott Carpenter of Bloomberg. John Menzies, the cargo group that works for airlines across the world, is going the same way. He is the ninth person to reach that milestone. And theyve got all the volume for John Lewis., Parkin nods to his finance director, David Hodkin, who is sitting beside him listening attentively. So, how much is Steve Parkin worth at the age of 57 years old? As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Steve Parkins income source is mostly from being a successful . Steve has extensive experience of retail logistics particularly in fashion. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Tory donors firm behind PPE delivery now to be paid millions to Last updated: 1 March 2023 at 11:00am EST. A man who left school at the age of 16 with no qualifications is now a multi-millionaire. 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Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. What is the salary of Steven Parkin? Parkin Net Worth Steve Parkin, who founded Clipper in 1992 before taking it public in 2014, is reportedly plotting a 300m offer for the firm alongside US private equity giant Sun Capital Partners. We have estimated Steve Parkin's net worth , money, salary, income, and assets. This account already exists. New powers to tackle small boats set to be announced next week, Elizabeth Hurley remembers cricketer Shane Warne on anniversary of his death, AI tools like ChatGPT could play role in government science minister, London buses: Annual journeys drop by 800 million since 2016, 300 new Ulez cameras rolled out but none in rebel boroughs, RAF jets scrambled after sonic boom over Leicestershire, Care worker loses 147 wages to look after own disabled child as teachers strike, Contributions to boost state pensions will still be considered after deadline, FTSE 100 Live: Persimmon, Aston Martin and Just Eat post results, house prices fall, Why Phoebe Smith wants to make the outdoors more inclusive, Trio of Americans who tried to smuggle drugs through Heathrow jailed, What is the Willow Project? The company is also involved in online retail activities; and operates agency for leasing commitments. The firm reported in December that its revenue was up 20%after growing e-fulfilment operations, crediting the structural shift and acceleration of online retail. The controversial US oil plan explained, Need to frighten the pants off public with new Covid strain, said Hancock, Constance Marten: Dead baby found wrapped in plastic bag, court hears. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. The company won a number of contracts in the early years with retailers such as Huddersfield-based Bonmarch and Sir Philip Green which helped it to become established in the transport, haulage and warehousing market. On Wednesday afternoon, Scott Carpenter of Bloomberg Wealth reported that LA Clippers' owner Steve Ballmer has become the world's 9th person to reach $100B net worth. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. What is the salary of Steven Parkin? I get a phone call. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. See Steve Parkin's compensation, career history, education, & memberships. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. inside story on Steve Parkin's lavish Leeds penthouse However, neither party has so far confirmed a figure for any offer, while Clipper did not confirm Parkins alleged involvement. On this Wikipedia the language links are at the top of the page across from the article title. Mr Parkin sold 30m worth of shares at the flotation and has since sold down his stake further, most notably in January last year, when he raised 62m in what was described as an estate planning exercise. It operates in 46 sites and 10 million square feet of warehousing space. Charlotte Crosswell talks growing the sector around the country, WH Smith hit by cyber attack as hackers gain access to private company data. Parkin Net Worth Sign up Mr Parkin, 62, is no longer involved in the running of Clipper Logistics after it was acquired by US logistics giant GXO in a deal worth almost 1bn, but he remains a shareholder. Sign up On Wednesday afternoon, Scott Carpenter of Bloomberg Wealth reported that LA Clippers' owner Steve Ballmer has become the world's 9th person to reach $100B net worth. Parkin could bag around 100 million. According to Forbes, the Clippers were valued at $2.75 billion this year, including a 38 percent change in value over the past five years. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. See Steve Parkin's compensation, career history, education, & memberships. Click here to sign up to receive our new South West business news TheBusinessDesk.com 2008 - 2023. Clipper Logistics Clipper agreed a two-year deal to become the official training kit sponsor and official logistics partner when the club secured promotion last summer. We have estimated Steve Parkin's net worth , money, salary, income, and assets. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. [9] The company reported 38.2 percent rise in interim pre-tax profits aided by "a successful Black Friday weekend" and was helped by a "significant increase in supporting Supply Chain Co-ordination (NHS) with the storage and distribution of PPE", processing "over 7.4 billion items of PPE on the NHS contract". [8] This was considered to be controversial amid a scandal over the appointment of COVID-19 contracts in the United Kingdom and alleged cronyism in the British government, as Parkin is a top Conservative Party donor who has attended Leader's Group meetings ("the premier supporter Group of the Conservative Party") and donated 725,000 to the Conservative Party. Steve Parkin, who founded Clipper in 1992 before taking it public in 2014, is reportedly plotting a 300m offer for the firm alongside US private equity giant Sun Capital Partners. The company also provides added-value services, including secure warehousing, HMRC customs bond, quality control, pressing, RFID/security tag attachment, label printing, store recall, metal detection, container de-stuffing, new store building, pick and pack, secure destruction, and specialist storage services. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Parkin Net Worth Mr Parkin, 62, is no longer involved in the running of Clipper Logistics after it was acquired by US logistics giant GXO in a deal worth almost 1bn, but he remains a shareholder. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. [10], In May 2020, the company donated a refrigerated trailer to the food bank run by Leeds United Foundation and Leeds City Council. He is from United Kingdom. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. Clippers' Steve Ballmer Becomes 9th Person Liberum set a target price of 375p for the FTSE All Share firm this morning, saying: A 300m valuation for Clipper would imply an April 2020E P/E of around 15x and EV/Ebitda around 8.5x. Steve Parkin, Clipper Logistics PLC: Profile and Biography Our two companies have highly complimentary service offerings, customer portfolios, and footprints in the UK and Europe.. In addition, Steve drives the Groups acquisition strategy. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. Steve Parkin cashes in 62m Clipper stake In addition, it offers specialist fashion services, such as fine distribution, primary transport, shared user distribution, secondary store distribution, contract distribution, inter-branch transfer, return to vendor, new store openings/refurbishment, spot hire, fleet management, Pan-European network, and home delivery link services. Parkin Net Worth Each email has a link to unsubscribe. It has 47 sites across Europe. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Parkin is a high-profile fan of Premier League club Leeds United, and has previously considered takeover bids of the club. As Executive Chairman, Steve is responsible for the strategic direction of the Group. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Steven Parkin Net Worth Steven Parkin biography. The Maggie-loving former miner who wants Parkin Net Worth [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] Parkin Net Worth Read more: Major UK high street chains close 6,000 stores in 2019. After putting Parkin in charge of solving the problems in the supply chain, Green gave Parkin six post-dated cheques equivalent to the 300,000 Parkin was owed from the collapse of Mark One. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. Clipper Logistics was founded in 1992 by Steve Parkin, a former coal miner who started the business with just one truck in Leeds. It operates in 46 sites and 10 million square feet of warehousing space. Steve Parkin, from Yorkshire in the UK, dropped out of school in 1992 and got a heavy goods vehicle (HGV) license and started driving for a living. Now, he owns the online logistics company Clipper - you might have seen their warehouses by the side of the motorway - and saw his wealth increase by 45 million last year. James Anderson, a fund manager at the huge Scottish Mortgage Investment Trust has called this a huge potential blow to London. He holds and pursues strategic level discussions with major retailers. He is from United Kingdom. Steve Parkin Steve, a fashion logistics specialist, founded the Group in 1992. Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. The company also provides added-value services, including secure warehousing, HMRC customs bond, quality control, pressing, RFID/security tag attachment, label printing, store recall, metal detection, container de-stuffing, new store building, pick and pack, secure destruction, and specialist storage services. For the tea company, see, "Clipper Logistics CEO: We're 'agile and able' and the crisis has demonstrated our capabilities", "This year starts well for Clipper Logistics Group", "Leeds' Clipper Logistics expected to raise 100 million from IPO", "The price wasn't right: sun capital pulls out of clipper logistics takeover", "Retail logistics firm put in charge of crisis-hit PPE deliveries", "Disaster Capitalism: Conservative Party Donor Cashes in on UK Government-Made PPE Shortages Amidst COVID-19 Crisis", "PPE contract puts wind in Clipper's sails", "Clipper Logistics partners with Leeds United to support Food bank", "Leeds-based Clipper Logistics set to be acquired by New York listed GXO Logistics after deal is agreed", "GXO completes Clipper Logistics acquisition following court approval | Financial News", "GXO eyes improved 'returns' as Clipper buy can boost reverse logistics offering", "Superdry ramps up robotics in Burton DC with Hikrobot", "John Lewis and Clipper Logistics form joint venture company to deliver click and collect services", "Clipper Logistics to replace DHL Supply Chain on Arcadia Group contract", "Coronavirus: Clothing warehouse 'putting lives at risk', "Clipper extends Leeds United sponsorship deal", https://en.wikipedia.org/w/index.php?title=Clipper_Logistics&oldid=1138454393, Logistics companies of the United Kingdom, Companies listed on the London Stock Exchange, Pages containing links to subscription-only content, Creative Commons Attribution-ShareAlike License 3.0, Superdry: It operates a distribution centre for, Arcadia: In June 2020 it was announced that clipper would be taking over the logistics operation for, This page was last edited on 9 February 2023, at 19:56.

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