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He is from United Kingdom. Wallmine is a radically better financial terminal. 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. Sign up in seconds, it's free! Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Read more: Clipper founder to table 300m takeover bid. According to Carpenter, Ballmer has seen his net worth grow by $20.1 billion since the start of 2021. When the pandemic hit, Clippers shares fell to 135p, valuing Parkins entire stake at less than 35m. Sign up in seconds, it's free! Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Steve is the chairman of the Nomination Committee. 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. WebAccording to our Database, He has no children. The company is also involved in online retail activities; and operates agency for leasing commitments. 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. 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. Each email has a link to unsubscribe. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 894646. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. It has 47 sites across Europe. It will delist from the London Stock Exchange in March. Parkin could bag around 100 million. There are no executives at Clipper Logistics Plc getting paid more. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. Its workforce increased by 2,000, bringing the total employees at the firm to 10,000. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Last updated: 1 March 2023 at 11:00am EST. "I remain as confident and focused as ever in the future growth prospects of Clipper. 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. We have estimated Steve Parkin's net worth , money, salary, income, and assets. A man who left school at the age of 16 with no qualifications is now a multi-millionaire. However, neither party has so far confirmed a figure for any offer, while Clipper did not confirm Parkins alleged involvement. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] 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 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. of the issued share capital of the Company immediately following Admission. That is at a much-improved 608p a share, having rejected earlier bids at 460p and 510p. Sun Capital Partners now has until 18 December to table a firm offer for Clipper. Parkin could bag around 100 million. Sign up in seconds, it's free! Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. His net worth has been growing significantly in 2021-2022. 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. It has 47 sites across Europe. Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Follow us for breaking news and latest updates, The Trend Micro Cybersecurity Knowledge Hub, 10 services and platforms to unlock your businesss potential, Clipper founder to table 300m takeover bid, Major UK high street chains close 6,000 stores in 2019, Lloyds Pharmacy puts all 1,300 sites under threat of closure in another blow for post-Covid UK high street, 'I'm just months away from filing papers on my marriage with Formula 1', Crypto: Nationwide bans credit card exchange payments and HSBC limits digital currency spending as consumer risk fears grow, Inflation in Europe rises to record high, raising spectre of steep ECB interest rate hikes, London Metal Exchange faces FCA enforcement investigation after 3.3bn nickel crisis, From the digital pound, to homeworking via heat pumps: City A.M.s five most-read stories of the week, Fading recession fears boost optimism as services sector bounced back to growth in February, Who wants to be a millionaire? Charlotte Crosswell talks growing the sector around the country, WH Smith hit by cyber attack as hackers gain access to private company data. 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. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. of the issued share capital of the Company immediately following Admission. Clippers share price also rebounded strongly since the market fall in March. Parkin has taken advantage of a huge rise in the businesss share price to nearly halve his personal stake although he intends to remain a significant shareholder for the long-term in the Leeds-based business. He is from United Kingdom. WebSteve Parkin Net Worth. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. [23], Clipper has been a sponsor of Leeds United football club since 2017.[24]. What is the salary of Steven Parkin? Steve has extensive experience of retail logistics particularly in fashion. However, the board and Sun Capital were unable to agree terms, consequently, both sides agreed to terminate discussions. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . Steve in his office, which boasts a 30,000 Walter Knoll desk. Clipper has been one of the business winners of the coronavirus crisis, having benefitted from the rise in online sales throughout the pandemic. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. of the issued share capital of the Company immediately following Admission. Steve Parkin, 55, is executive chairman of Clipper Logistics, a delivery business he founded in 1992. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. 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. 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. So, how much is Steve Parkin worth at the age of 56 years old? It has 47 sites across Europe. There are no executives at Clipper Logistics Plc getting paid more. [12] In May 2022, it was announced the acquisition had been completed. Clipper Logistics was founded in 1992 by Steve Parkin, a former coal miner who started the business with just one truck in Leeds. 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. Enter your password to log in. 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. 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. As Executive Chairman, Steve is responsible for the strategic direction of the Group. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. Arm Holdings, a darling of the UK tech scene which was bought by Japans SoftBank six years ago, is now expected to float on the New York Nasdaq market rather than in London. 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. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. Steve Parkins income source is mostly from being a successful . So, how much is Steve Parkin worth at the age of 57 years old?

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