India, April 16 -- Parkland Corp. (PKI.TO), an international fuel distributor, marketer, and convenience retailer, announced on Wednesday that its CEO and President Bob Espey will step down. Michael Jennings will assume the new role of Executive Chair and James Neate is appointed as Lead Independent Director.
Parkland is planning a strategic review to identify opportunities and considering alternatives including asset divestments, acquisitions, transformative business combinations and a sale.
The company said, Espey has agreed to continue until the appointment of a new CEO, the completion of the strategic review, or December 31, 2025.
The Board has formed a CEO search committee to select a qualified candidate to replace Espey.
Parkland ...