Steven Parkin Net Worth Steven Parkin biography. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . He is from United Kingdom. WebSteve Parkin Net Worth. Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Parkin could bag around 100 million. He is from United Kingdom. of the issued share capital of the Company immediately following Admission. Clippers share price also rebounded strongly since the market fall in March. The expected take-private bid, first reported last night by Sky News, sent Clippers share price up almost 22 per cent to 294.5p in early trading. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. 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. 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. John Menzies initially put up strong resistance to the Kuwaiti bid, which it dismissed as an opportunistic response to a low share price. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. Read more: Clipper founder to table 300m takeover bid. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . There are no executives at Clipper Logistics Plc getting paid more. As Executive Chairman, Steve is responsible for the strategic direction of the Group. So, how much is Steve Parkin worth at the age of 56 years old? [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] 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. Isa do! Its workforce increased by 2,000, bringing the total employees at the firm to 10,000. Get involved in exciting, inspiring conversations. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. Sign up The company reported its turnover had risen by 39.1 per cent this summer - to nearly 700 million. Parkin could bag around 100 million. There are 4 older and 1 younger executives at Clipper Logistics Plc. Today his remaining 13.9% stake, after his 62m sale, is valued at around 80m. WebClipper 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 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 518,000GBX. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. There are no executives at Clipper Logistics Plc getting paid more. There are 4 older and 1 younger executives at Clipper Logistics Plc. So, how much is Steve Parkin worth at the age of 57 years old? 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. Charlotte Crosswell talks growing the sector around the country, WH Smith hit by cyber attack as hackers gain access to private company data. Last updated: 1 March 2023 at 11:00am EST. 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. [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. Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. The shares have been rising every since Agility emerged as bidders today they were up 3p to 586p, still somewhat below the offer. Last year private equity funds alone did 62 billion worth of deals for UK listed companies. What is the salary of Steven Parkin? Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Steve is the chairman of the Nomination Committee. [10], In May 2020, the company donated a refrigerated trailer to the food bank run by Leeds United Foundation and Leeds City Council. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . Steve, a fashion logistics specialist, founded the Group in 1992. "I remain as confident and focused as ever in the future growth prospects of Clipper. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Steve in his office, which boasts a 30,000 Walter Knoll desk. His net worth has been growing significantly in 2021-2022. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. This account already exists. Clipper has been strong in repairs and returns logistics, especially in consumer electronics, and repaired around 1.5 million items during the year ended 30 April 2022. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. 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. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. As Executive Chairman, Steve is responsible for the strategic direction of the Group. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. 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. Steven Parkin Net Worth Steven Parkin biography. John Menzies, the cargo group that works for airlines across the world, is going the same way. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. Steve in his office, which boasts a 30,000 Walter Knoll desk. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. 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. I get a phone call. 894646. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Profit slipped by 1m to 17m in the firms latest annual results, while its stock has tumbled from a January 2018 high of 485p to yesterdays close at 242.5p. There are no executives at Clipper Logistics Plc getting paid more. 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. [12] In May 2022, it was announced the acquisition had been completed. In addition, Steve drives the Groups acquisition strategy. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. The company is also involved in online retail activities; and operates agency for leasing commitments. We have estimated Steve Parkin's net worth , money, salary, income, and assets. 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 mark puts the team sixth among NBA franchises despite having zero championships. 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. Steve, a fashion logistics specialist, founded the Group in 1992. Clipper said the sale was part of an estate planning exercise and to improve the liquidity in the companys shares. Parkin sold 11m shares at 565p-per-share, which is more than double their value a year ago. 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. 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. According to Carpenter, Ballmer has seen his net worth grow by $20.1 billion since the start of 2021. With allies support he could command 40 per cent of the companys voting stock in favour of his bid, Sky News reported. Last updated: 1 March 2023 at 11:00am EST. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. Steve Parkins income source is mostly from being a successful . David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. You must be at least 18 years old to create an account, Must be at least 6 characters, include an upper and lower case character and a number, I would like to be emailed about offers, events and updates from Evening Standard. They are said to have hundreds of billions more built up during Covid that are seeking takeover opportunities. Registered in England No. It operates in 46 sites and 10 million square feet of warehousing space. WebClipper 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. 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. It has 47 sites across Europe. 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. WebAccording to our Database, He has no children. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. So, how much is Steve Parkin worth at the age of 56 years old? WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. The 65-year-old purchased the Clippers for $2 billion in 2014. He is the ninth person to reach that milestone. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Parkin, who is executive chairman of Clipper, holds a stake worth around a third of the firm, which provides delivery services for online retailers like Asos and John Lewis. He joined the company in 1980 and was the CEO from 2000 to 2014. See Steve Parkin's compensation, career history, education, & memberships. 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.. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. SS&C said it will keep Blue Prisms London HQ. 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. [11], On 28 February 2022 GXO Logistics made a recommended offer for the company. He also owns a number of horses and is a keen racing fan. On this Wikipedia the language links are at the top of the page across from the article title. Parkin could bag around 100 million. Clipper has been one of the business winners of the coronavirus crisis, having benefitted from the rise in online sales throughout the pandemic. He is from United Kingdom. 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 Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] 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. 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. What is the salary of Steven Parkin? The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. 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. In addition, Steve drives the Groups acquisition strategy. Our two companies have highly complimentary service offerings, customer portfolios, and footprints in the UK and Europe.. [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. He is from United Kingdom. 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He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. WebAccording to our Database, He has no children. 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? Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . Steve has extensive experience of retail logistics particularly in fashion. 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. See Steve Parkin's compensation, career history, education, & memberships. WebClipper 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. 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. 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. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. There are no executives at Clipper Logistics Plc getting paid more. So, how much is Steve Parkin worth at the age of 56 years old? 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