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 GBX518,000. 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. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. WebAccording to our Database, He has no children. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. [14], Staff at the company warehouse in Ollerton, Nottinghamshire complained in March 2020 that they were "crammed into corridors" and given no hand sanitiser. 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. Sign up Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. This article is about Clipper Logistics. 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. Steve, a fashion logistics specialist, founded the Group in 1992. 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. On this Wikipedia the language links are at the top of the page across from the article title. His net worth has been growing significantly in 2021-2022. As Executive Chairman, Steve is responsible for the strategic direction of the Group. 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. 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? 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 Parkins income source is mostly from being a successful . He is the ninth person to reach that milestone. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Steve has extensive experience of retail logistics particularly in fashion. There are no executives at Clipper Logistics Plc getting paid more. Fund managers worry that the UKs ability to harness and grow small firms into big ones is at risk. 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. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. 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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. of the issued share capital of the Company immediately following Admission. There are no executives at Clipper Logistics Plc getting paid more. 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 Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. Parkin could bag around 100 million. Parkin could bag around 100 million. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. 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(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. So, how much is Steve Parkin worth at the age of 57 years old? 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. 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. WebSteve Parkin Net Worth. 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 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 . What is the salary of Steven Parkin? Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. See Steve Parkin's compensation, career history, education, & memberships. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. There are 4 older and 1 younger executives at Clipper Logistics Plc. Last year private equity funds alone did 62 billion worth of deals for UK listed companies. 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. 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. 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. Last updated: 1 March 2023 at 11:00am EST. So, how much is Steve Parkin worth at the age of 57 years old? Steve Parkin founded Clipper Group in 1992 with one van delivering clothing for fashion stores. One of his first jobs was driving for Huddersfield's Bonmarche clothing company. James Anderson, a fund manager at the huge Scottish Mortgage Investment Trust has called this a huge potential blow to London. [6], In November 2019, investment fund Sun Capital Partners, Inc. announced it was considering making a bid for the company, supported by founder and executive chairman Steve Parkin. [13] According to GXO this will vastly increase the scope of its reverse logistics services, and provide a bridgehead into Germany. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Steven Parkin Net Worth Steven Parkin biography. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. 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. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. Steve, a fashion logistics specialist, founded the Group in 1992. When the pandemic hit, Clippers shares fell to 135p, valuing Parkins entire stake at less than 35m. [23], Clipper has been a sponsor of Leeds United football club since 2017.[24]. Some say the UK market simply undervalues British businesses, leaving them vulnerable to takeover from deep pocketed foreigners. It operates in 46 sites and 10 million square feet of warehousing space. There are no executives at Clipper Logistics Plc getting paid more. 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. He holds and pursues strategic level discussions with major retailers. Steve in his office, which boasts a 30,000 Walter Knoll desk. There are no executives at Clipper Logistics Plc getting paid more. The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. See Steve Parkin's compensation, career history, education, & memberships. 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