WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. I remain as confident and focused as ever in the future growth prospects of Clipper, said Parkin. Parkin Net Worth See Steve Parkin's compensation, career history, education, & memberships. What is the salary of Steven Parkin? So, how much is Steve Parkin worth at the age of 57 years old? [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, a fashion logistics specialist, founded the Group in 1992. Steven Parkin Net Worth Steven Parkin biography. Steve Parkin cashes in 62m Clipper stake Tory donors firm behind PPE delivery now to be paid millions to Steve Parkins income source is mostly from being a successful . Musk Made a Mess at Twitter. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Yorkshire 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. 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. Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox. Clippers' Steve Ballmer Becomes 9th Person Tory donors firm behind PPE delivery now to be paid millions to As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Sun Capital Partners now has until 18 December to table a firm offer for Clipper. In addition, Steve drives the Groups acquisition strategy. Get involved in exciting, inspiring conversations. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Fashion logistics firm Clipper's shares While the COVID-19 pandemic has affected most businesses around the world, Clipper managed to increase in value by keeping things moving for people stuck at home. His net worth has been growing significantly in 2021-2022. Steve is the chairman of the Nomination Committee. Parkin Net Worth David Westin speaks with top names in finance about the week's biggest issues on Wall Street. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Blue Prism is a leading player in robotics with more than 2000 clients across the world. As Executive Chairman, Steve is responsible for the strategic direction of the Group. The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. [4] The company made a number of acquisitions in the 2000s including DTS logistics Ltd, Gagewell Transport Ltd and Northern Commercials (Mirfield) Ltd [5] In 2014 the company was floated on the London Stock Exchange with a valuation of 100 million. See Steve Parkin's compensation, career history, education, & memberships. The company reported its turnover had risen by 39.1 per cent this summer - to nearly 700 million. He holds and pursues strategic level discussions with major retailers. Sign up in seconds, it's free! As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. John Menzies, the cargo group that works for airlines across the world, is going the same way. Before his time in the NBA, Ballmer was known for his work in the tech industry as one of the first employees at Microsoft and Harvard classmate of Bill Gates. [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". Clipper HREE UK firms worth a near combined 3 billion were set to fall into foreign hands today in the latest sign that markets could be gearing up for a post Covid deal frenzy. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . The Maggie-loving former miner who wants As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is 518,000GBX. What is the salary of Steven Parkin? My Money: Steve Parkin, delivery firm tycoon who dropped out of school at It operates in 46 sites and 10 million square feet of warehousing space. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Steve Parkin cashes in 62m Clipper stake The shares have been rising every since Agility emerged as bidders today they were up 3p to 586p, still somewhat below the offer. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. (124302954), Steve Parkin cashes in 62m Clipper stake, Bakery finds recipe for growth in pandemics aftermath, Green light for 210m town centre regeneration, Professional services firm to buy East Anglian financial planners. 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. John Lewis have a problem., The parcel carrier City Link was about to go bust, Parkin was told. Parkin is a Leeds United fan and says that he has considered taking over the club on more than one occasion in the past. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Parkin could bag around 100 million. Parkin Net Worth Will His AI Plans Be Any Different? Last updated: 1 March 2023 at 11:00am EST. 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. 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. Clipper Logistics Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. What is the salary of Steven Parkin? The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. 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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. Ballmer, meanwhile, has used his ownership of the Clippers to lower his tax rate while reporting $700 million in losses in recent years, according to a breakdown byRobert Faturechi,Justin ElliottandEllis Simani of ProPublica. 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, Stocks and cryptocurrency portfolio tracker. Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. worth Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. While Clipper has stronger forecast earnings growth than Wincanton, we see potential support for Wincantons valuation at the current low levels (March 2020E: P/E 7.3x, EV/Ebitda 6.6x using the most conservative pension adjustments).. You can opt-out at any time by signing in to your account to manage your preferences. 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Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. 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. Steven Parkin Net Worth Steven Parkin biography. This documentary-style series follows investigative journalists as they uncover the truth. Steve, a fashion logistics specialist, founded the Group in 1992. [23], Clipper has been a sponsor of Leeds United football club since 2017.[24]. [7], In March 2020, the company was given a contract by the NHS Supply Chain for the delivery of personal protective equipment to NHS trusts and care homes. Clipper said the sale was part of an estate planning exercise and to improve the liquidity in the companys shares. As Executive Chairman, Steve is responsible for the strategic direction of the Group. There are no executives at Clipper Logistics Plc getting paid more. 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. Clippers' Owner Steve Ballmer Becomes 9th Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. From rags to riches: the story of UK logistics company's 943m sale It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. There are no executives at Clipper Logistics Plc getting paid more. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. Read more: Major UK high street chains close 6,000 stores in 2019. So, how much is Steve Parkin worth at the age of 57 years old? [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] There are no executives at Clipper Logistics Plc getting paid more. My Money: Steve Parkin, delivery firm tycoon There are 4 older and 1 younger executives at Clipper Logistics Plc. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. Parkin has reportedly become frustrated by the fall in Clippers share price over the last year. 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Parkin sold 11m shares at 565p-per-share, which is more than double their value a year ago. Registered office: 1 London Bridge Street, SE1 9GF. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. Clipper Logistics plc is a retail logistics company based in Leeds which serves retailers selling fashion, tobacco, alcohol and other high-value goods in the UK and Europe. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Steve Parkin, Clipper Logistics PLC: Profile and Biography inside story on Steve Parkin's lavish Leeds penthouse It was Christmas Eve 2014 and he was on the beach in Barbados. We have noticed that there is an issue with your subscription billing details. It will delist from the London Stock Exchange in March. There are no executives at Clipper Logistics Plc getting paid more. This article is about Clipper Logistics. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] So, how much is Steve Parkin worth at the age of 57 years old? Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. WebSteve Parkin Net Worth. There are no executives at Clipper Logistics Plc getting paid more. He is from United Kingdom. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. Steve Parkin He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. [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. Steve in his office, which boasts a 30,000 Walter Knoll desk. Steve Parkins income source is mostly from being a successful . 894646. 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. It has 47 sites across Europe. However, the board and Sun Capital were unable to agree terms, consequently, both sides agreed to terminate discussions. 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. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. 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. What is the salary of Steven Parkin? Parkin Net Worth Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Parkin could bag around 100 million. Steve Parkins income source is mostly from being a successful . 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 who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . So, how much is Steve Parkin worth at the age of 56 years old? One of his first jobs was driving for Huddersfield's Bonmarche clothing company. Steve Parkin As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Further, the company develops Boomerang, a returns management solution; and Clicklink, a click and collect solution that provides a service dedicated to the needs of retailers. Click here to sign up to receive our new South West business news TheBusinessDesk.com 2008 - 2023. 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. 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. A man who left school at the age of 16 with no qualifications is now a multi-millionaire. Over the last year we have demonstrated our ability to act quickly and effectively to solve complex challenges for our clients, and the growth we have delivered through this period is testament to Clippers leading position in the ecommerce logistics market.. Steve in his office, which boasts a 30,000 Walter Knoll desk. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. He is from United Kingdom. From rags to riches: the story of UK logistics company's 943m sale There are no executives at Clipper Logistics Plc getting paid more. He is from United Kingdom. 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. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is 518,000GBX. Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. [13] According to GXO this will vastly increase the scope of its reverse logistics services, and provide a bridgehead into Germany. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Please, Yorkshireman Steve Parkin started Clipper Logistics with only one van, Steve Parkin at his 300-acre Harrogate estate: the 56-year-old says old friends stop him behaving like Big-Time Charlie. The company is also involved in online retail activities; and operates agency for leasing commitments. Sign up 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Clippers' Owner Steve Ballmer Becomes 9th Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . His net worth has been growing significantly in 2021-2022. The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. Steve Parkin Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. It has accepted a 558 million bid from Kuwaiti firm Agility. Wallmine is a radically better financial terminal. As Executive Chairman, Steve is responsible for the strategic direction of the Group. There can be no certainty that an offer will be made for the Company, nor as to the terms on which any offer will be made.. worth Parkin Net Worth Fashion logistics firm Clipper's shares It was. So, how much is Steve Parkin worth at the age of 56 years old? Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. Steve Parkins income source is mostly from being a successful . Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Steve, a fashion logistics specialist, founded the Group in 1992. It has 47 sites across Europe. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. 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.