Steve Parkin, Clipper Logistics PLC: Profile and Biography He joined the company in 1980 and was the CEO from 2000 to 2014. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. On this Wikipedia the language links are at the top of the page across from the article title. 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. Steve is the chairman of the Nomination Committee. Steve has extensive experience of retail logistics particularly in fashion. Clipper Logistics was founded in 1992 by Steve Parkin, a former coal miner who started the business with just one truck in Leeds. With allies support he could command 40 per cent of the companys voting stock in favour of his bid, Sky News reported. So, how much is Steve Parkin worth at the age of 57 years old? 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. First, Clipper Logistics accepted a 920p a share bid from US rival GXO Logistics, a deal that sees a key provider of deliveries for M&S, John Lewis, JD Sports and Asda disappear from the stock market. Steve Parkin cashes in 62m Clipper stake 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. Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. Last updated: 1 March 2023 at 11:00am EST. Steve has extensive experience of retail logistics particularly in fashion. of the issued share capital of the Company immediately following Admission. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. Parkin could bag around 100 million. Clipper 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. 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 operates in 46 sites and 10 million square feet of warehousing space. 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 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. Indian batter in IPL history WATCH, Kerala accident: Overspeeding KSRTC bus falls into gorge in Idukki; five passengers seriously injured |WATCH, BJP MLA holds ears and does sit-ups at UP election rally, asks people to forgive him; clip goes viral, Fossil of 170-million-year-old flying reptile unearthed; called "largest of its kind ever discovered", Ukraine says Russia has launched 'full scale invasion'- see now social media is reacting, Viral video: Ice climber hangs on mountain ledge as avalanche hits; cheats death [WATCH], 'Miracle baby' born on 22/2/2022 at 2:22 AM in delivery room 2; she is named 'Judah', Steve Parkin left school at the age of 16 with no qualifications, One of his first jobs was driving for a clothing company, Today, he ranks 10th on the list of richest people in Yorkshire in the UK. Steve Parkin, the fashion distribution mogul: from the Sign up Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. From rags to riches: the story of UK logistics company's 943m sale Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. Steve Parkin 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, a fashion logistics specialist, founded the Group in 1992. As Executive Chairman, Steve is responsible for the strategic direction of the Group. John Menzies initially put up strong resistance to the Kuwaiti bid, which it dismissed as an opportunistic response to a low share price. 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. I get a phone call. [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. It operates in 46 sites and 10 million square feet of warehousing space. 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. NumisSecurities Limited andShore Capital Stockbrokers Limited acted as joint bookrunnersin connection with the placing. Today his remaining 13.9% stake, after his 62m sale, is valued at around 80m. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Fashion logistics firm Clipper's shares 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. The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. 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. According to Carpenter, Ballmer has seen his net worth grow by $20.1 billion since the start of 2021. 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 Clipper's leading position in the eCommerce logistics market," he said in January. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. Click here to sign up to receive our new South West business news TheBusinessDesk.com 2008 - 2023. Parkin is a high-profile fan of Premier League club Leeds United, and has previously considered takeover bids of the club. Steve, a fashion logistics specialist, founded the Group in 1992. This account already exists. My Money: Steve Parkin, delivery firm tycoon 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 . Discussions regarding a possible offer took place between the parties, and the views of a number of independent Clipper shareholders were sought. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. 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. 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. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. 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. [12] In May 2022, it was announced the acquisition had been completed. Fashion logistics firm Clipper's shares Steve Parkins income source is mostly from being a successful . We have estimated Steve Parkin's net worth , money, salary, income, and assets. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Steve Parkin inside story on Steve Parkin's lavish Leeds penthouse Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. 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. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . The mark puts the team sixth among NBA franchises despite having zero championships. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. of the issued share capital of the Company immediately following Admission. Parkin cashed in 2 million worth of shares, selling off 10 per cent of the company. 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. Read more: Clipper founder to table 300m takeover bid. Steve, a fashion logistics specialist, founded the Group in 1992. Clipper has been one of the business winners of the coronavirus crisis, having benefitted from the rise in online sales throughout the pandemic.
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