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Parkland Fuel Corp (PKI.TO)

PKI.TO on Toronto Stock Exchange

36.55CAD
25 Sep 2020
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Summary

Name Age Since Current Position

James Pantelidis

74 2007 Independent Chairman of the Board

Robert Espey

54 2011 President, Chief Executive Officer, Director

Darren Smart

2019 Interim Chief Financial Officer, Senior Vice President - Strategy & Corporate Development

Douglas Haugh

2017 President - Parkland USA

Pierre Magnan

2018 President - Parkland International

Donna Sanker

2019 President of Parkland Canada

C. Peter Kilty

2018 Senior Vice President - Retail Operations

Ryan Krogmeier

51 2018 Senior Vice President, Supply, Trading and Refining and Health, Safety and Environment (HSE)

Stephanie McDonald

2019 Senior Vice President - People & Culture of Parkland

Ian White

2019 Senior Vice President - Strategic Marketing & Innovation

Christy Elliott

2019 Vice President, Senior General Counsel and Corporate Secretary

John Bechtold

74 2006 Independent Director

Lisa Colnett

62 2014 Independent Director

Timothy Hogarth

60 2015 Independent Director

Domenic Pilla

61 2015 Independent Director

Steven Richardson

60 2017 Independent Director

David Spencer

62 2020 Independent Director

Deborah Stein

59 2016 Independent Director

Biographies

Name Description

James Pantelidis

Mr. James Pantelidis serves as Independent Chairman of the Board of the Company. Senior Executive & Strategic Leadership; International Expansion, Financial Literacy & Expertise; Environment, Health & Safety; Executive Oil, Gas & Energy Industry Experience; Retail Marketing and Sales; Digital Economy; Human Capital and Compensation; Enterprise Risk Management; Petroleum Product Supply, Trading and Marketing. Mr. Pantelidis joined Parkland’s Board of Directors in 1999, and is currently Chairman of the Board. He is also Chair of the Supply and Business Development Advisory Committee. Mr. Pantelidis has over 50 years of leadership experience, including over 30 years of experience in the petroleum industry. Over a 30-year period Mr. Pantelidis served as President of the Resources Divisions and President of the Products Divisions at Petro-Canada, which was preceded by his work with Gulf Oil. Mr. Pantelidis also served as Chairman and Chief Executive Officer of the Bata Shoe Organization. Mr. Pantelidis previously served as Chairman of EnerCare Inc. and currently serves as Chairman of the Board of Intertape Polymer Group. Mr. Pantelidis holds a Bachelor of Science degree and a Master of Business Administration degree, both from McGill University.

Robert Espey

Mr. Robert B. Espey serves as President, Chief Executive Officer, Director of the Company. Senior Executive & Strategic Leadership; International Expansion, Environment, Health & Safety, Sustainability; Governance & Stakeholder Relations; Executive Oil, Gas & Energy Industry Experience; Retail Marketing and Sales; Digital Economy; Petroleum product supply, trading and marketing. Mr. Espey was appointed President and Chief Executive Officer in 2011 and has successfully led the evolution of Parkland from a regional independent into an international marketer of fuel, petroleum and convenience products. In his role, Mr. Espey delivers on Parkland’s strategic plan while maintaining a strong focus on teamwork, growth, business integration and shareholder value. Mr. Espey has overseen a number of transformative acquisitions, including of Chevron Canada’s downstream fuel business, the Ultramar business from CST brands, the expansion of Parkland into the U.S., and in 2019 the addition of the Sol which expands Parkland’s operations into the Caribbean region. Under his leadership, Parkland’s annual fuel volumes have grown from less than 3 billion to approximately 22 billion litres. Previously, Mr. Espey served as Chief Operating Officer from 2010 to 2011, and Vice President, Retail Markets from 2008 to 2010. Prior to joining Parkland, Mr. Espey held a variety of senior management roles across a diverse group of industry sectors, both internationally and domestically. Mr. Espey also worked as a consultant based in the United Kingdom, where he worked with many large multinationals across a variety of industries including downstream marketing, media, consumer goods, and manufacturing. Mr. Espey also has experience in the Canadian Navy where he spent four years as a commissioned officer. Mr. Espey is the Chair of the Board of Directors for the Canadian Fuels Association. Mr. Espey holds a Bachelor of Engineering (Mechanical) from Royal Military College and a Masters in Business Administration from the Univ

Darren Smart

Mr. Darren Smart serves as Interim Chief Financial Officer, Senior Vice President - Strategy & Corporate Development of the Company. Mr. Smart was appointed Interim CFO in November 2019, with overall responsibility for Parkland’s financial and corporate development management. In this role, he applies broad based corporate experience from across Parkland’s operations, including in both finance and mergers and acquisitions. While he maintains his role as Senior Vice President, Strategy and Corporate Development, previously, Mr. Smart served as, Vice President, Corporate Development and Director, Corporate Development when he first joined Parkland in August 2014. Prior to his time at Parkland, Mr. Smart was a Portfolio Manager at Teacher’s Private Capital, the private equity arm of the Ontario Teacher’s Pension Plan, where he was responsible for sourcing, evaluating, and managing energy-related investments. Mr. Smart was a director of Aquilex Holdings LLC when it successfully completed a consensual financial restructuring with its debt holders on February 3, 2012. Mr. Smart resigned as a director of Aquilex Holdings LLC in February 2012.

Douglas Haugh

Mr. Douglas Scott Haugh serves as President - Parkland USA of the Company. Mr. Haugh was appointed President, Parkland USA in November 2017. In this role, Mr. Haugh leads and is responsible for the financial, operations, and sales activities of Parkland’s business units in the United States. In addition to leading the existing business activities, he also leads mergers and acquisitions in the country as Parkland executes its strategy to expand its U.S. business. Previously, Mr. Haugh held a number of senior management roles at other oil and gas companies, including President and Chief Strategy Officer for Mansfield Energy Corp. from 2016 to 2017, and President of Mansfield Oil Company from 2007 to 2016. Mr. Haugh began his career at Exxon, and has also held senior management positions at H&W Petroleum and FuelQuest Inc.

Pierre Magnan

Mr. Pierre P.G. Magnan serves as President - Parkland International of the Company. Mr. Magnan was appointed President, Parkland International in 2018 and oversees the Sol businesses based in Grand Cayman. Previously, Mr. Magnan served in a number of senior management roles at Parkland, including Interim Vice President, Supply, Trading & Refining, Vice President, Corporate Development, and Vice President, General Counsel and Corporate Secretary. Prior to joining Parkland, Mr. Magnan was a Principal at Pierre P.G. Magnan Professional Corporation, which was preceded by work in law firms as a Calgary-based Partner at Gowling WLG LLP and Osler, Hoskin & Harcourt LLP and an Associate at Sullivan & Cromwell LLP in New York.

Donna Sanker

Donna Sanker serves as President of Parkland Canada of the Company. Chief Operating Officer of BP (US) from September 2017 to September 2019. Chief Marketing Officer of BP (US) from December 2015 to August 2017. Vice President of Retail of BP (US) from September 2014 to December 2015. Vice President of Marketing of BP (US) from November 2009 to September 2014.

C. Peter Kilty

Mr. C. Peter Kilty serves as Senior Vice President - Retail Operations of the Company. Senior Vice President, Retail Operations of Parkland from November 2018 to November 2019. Senior Vice President, Operations, Retail and Commercial Fuels of Parkland from February 2017 to November 2018. Vice President, Retail of Parkland from April 2012 to February 2017.

Ryan Krogmeier

Mr. Ryan Krogmeier serves as Senior Vice President, Supply, Trading and Refining and Health, Safety and Environment (HSE) of the Company. Mr. Krogmeier was appointed Senior Vice President, Supply, Trading and Refining in 2018, overseeing Parkland’s supply, trading and refining strategy and capabilities. In 2019, Mr. Krogmeier also took on the portfolio of Health, Safety and Environment (HSE) to further develop the company’s safety culture. Prior to joining Parkland, Mr. Krogmeier served in various supply and trading roles across the sector, including Vice President, Crude Oil and Supply and Trading for Chevron. Prior to that, Mr. Krogmeier oversaw global products supply and trading at Chevron, one of the largest businesses in the downstream portfolio. He brings world class commercial downstream experience across many aspects of the downstream value chain, including product supply and trading, marketing, crude oil supply, and joint venture management.

Stephanie McDonald

Ms. Stephanie McDonald serves as Senior Vice President - People & Culture of Parkland of the Company. Vice President, People & Culture of Parkland from October 2018 to December 2018. Vice President & Global HR Business Partner, LafargeHolcim Ltd. from December 2017 to September 2018 Vice President, Global O&HR Transformation & Head of Strategic Workforce Planning & People Analytics, LafargeHolcim Ltd. from January 2016 to December 2017. Vice President, Organization & Human Resources, LafargeHolcim Ltd. from January 2012 to December 2015.

Ian White

Mr. Ian White serves as Senior Vice President - Strategic Marketing & Innovation of the Company. Senior Vice President, Strategic Marketing & Innovation of Parkland since January 2019. Vice President, Strategic Marketing of Parkland from February 2017 to December 2018. Director, Pioneer Energy from June 2014 to January 2017. Head of Canada, National Money Mart Company, Dollar Financial Group from September 2011 to July 2014

Christy Elliott

Ms. Christy Elliott serves as Vice President, Senior General Counsel and Corporate Secretary of the Company. Vice President, General Counsel and Corporate Secretary of Parkland from May 2018 to January 2019. Vice President, Associate General Counsel & Corporate Secretary of Parkland from December 2017 to May 2018. Interim Vice President, General Counsel and Corporate Secretary of Parkland from July 2017 to December 2017. Legal Counsel of Parkland from April 2016 to December 2017. Associate, Jensen Shawa Solomon Duguid Hawkes LLP from September 2011 to April 2016.

John Bechtold

Mr. John F. Bechtold serves as Independent Director of the Company. Senior Executive & Strategic Leadership; Environment, Health & Safety, Sustainability; Governance & Stakeholder Relations; Executive Oil, Gas & Energy Industry Experience; Human Capital and Compensation; Enterprise Risk Management; Petroleum product supply, trading and marketing. Mr. Bechtold joined Parkland’s Board of Directors in 2006 and serves on the Human Resources and Corporate Governance Committee, the Environmental, Safety and Sustainability Committee and the Supply and Business Development Advisory Committee. Mr. Bechtold has over 40 years of experience in the North American petroleum industry, holding senior leadership positions with Petro-Canada from 1977 to 2000, and working for Gulf Oil and Gulf Canada from 1968 to 1977. Mr. Bechtold’s past Board experience includes sitting on the Board of Directors for Parex Resources Inc. from 2009 to 2017, Petro-Andina Inc. from 2008 to 2009, and the British Columbia Oil and Gas Commission from 2004 to 2007. He also previously served on the International Energy Agency (IEA) Industry Advisory Board, the Canadian Energy Supplies Allocation Board, the Canadian Research Institute Board, and the Canadian Propane Association Board. Mr. Bechtold is a graduate of Stanford University’s Senior Executive Program and holds an MSc in Petroleum Reservoir Engineering from London University (UK) and a BSc (Hons.) in Chemical Engineering from Manchester University (UK).

Lisa Colnett

Ms. Lisa J. Colnett serves as Independent Director of the Company. Senior Executive & Strategic Leadership; International Expansion, Environment, Health & Safety, Sustainability; Governance & Stakeholder Relations; Digital Economy, Human Capital and Compensation; Enterprise Risk Management. Ms. Colnett joined Parkland’s Board of Directors in 2014, and is Chair of the Human Resources and Corporate Governance Committee. Ms. Colnett has held a series of senior executive roles for companies with global operations, including as Senior Vice President, Human Resources and Corporate Services, for Kinross Gold Corporation from 2008 to 2013. Prior to that, Ms. Colnett was a founding executive of Celestica, one of the world’s leading providers of electronics manufacturing services, serving as Senior Vice President, Human Resources, Senior Vice President and Chief Information Officer, and President of the Memory Division from 1996 to 2008. Ms. Colnett is a Director of Parex Resources, where she is Chair of the Compensation and Human Resources Committee. Ms. Colnett sat on the Board of Directors for Detour Gold Corporation from 2014 to 2018. Ms. Colnett also volunteers on the Development Committee for the Women’s College Hospital Foundation. Ms. Colnett received certification with the Institute of Corporate Directors in 2013, and holds a Bachelor of Business Administration from Ivey Business School at the University of Western Ontario

Timothy Hogarth

Mr. Timothy W. Hogarth serves as Independent Director of the Company. Senior Executive & Strategic Leadership; Executive Oil, Gas & Energy Industry Experience; Retail Marketing and Sales; Human capital and Compensation; Enterprise Risk Management. Mr. Hogarth joined Parkland’s Board of Directors in 2015, and currently serves on the Supply and Business Development Committee. Mr. Hogarth has over 30 years of leadership experience in the petroleum industry. He is currently President and Chief Executive Officer of The Pioneer Group Inc., an investment holding company. Prior to that role, Mr. Hogarth served as Chairman and Chief Executive Officer of Pioneer Energy, until it was acquired by Parkland in 2015. Under Mr. Hogarth’s leadership, Pioneer became Canada’s largest private independent fuel marketer and a platinum member of Canada’s 50 Best Managed Companies. Mr. Hogarth is Chair of the Burlington Foundation, a member of the Board of Canada Company, a charity advocating for our Canadian Forces at home and abroad, and the MerryGoRound Children’s Foundation. He is also on the Council of Advisors of the CDA Institute. Mr. Hogarth has served as Honorary Lieutenant-Colonel and Colonel of the Royal Hamilton Light Infantry. Mr. Hogarth holds a Bachelor of Business Administration from Bishop’s University and has completed the Program for Management Development at the Harvard Business School.

Domenic Pilla

Mr. Domenic Pilla serves as Independent Director of the Company. Senior Executive & Strategic Leadership; Financial Literacy & Expertise; Environment, Health & Safety; Sustainability, Governance & Stakeholder Relations; Executive Oil, Gas & Energy Industry Experience; Retail Marketing and Sales; Human Capital & Compensation; Enterprise Risk Management; Petroleum Product Supply, Trading and Marketing. Mr. Pilla joined Parkland’s Board of Directors in 2015, and currently serves on the Audit Committee, the Supply and Business Development Advisory Committee and is the Chair of the Environment, Social and Governance Committee. Mr. Pilla has over 30 years of leadership experience in the health care and retail sectors. Mr. Pilla is the Chief Executive Officer of McKesson Canada, and previously served as Executive Vice President and Chief Operating Officer before being appointed Chief Executive Officer in 2017. From 2011 to 2014, Mr. Pilla was Chief Executive Officer of Shoppers Drug Mart, and prior to that he was President of Canadian Operations of RNG Group Inc. Additionally, he had an 18-year tenure with Petro-Canada. Mr. Pilla is a Governor of the Marie-Clarac Hospital Foundation, and a member of l’Ordre des ingénieurs du Québec. Mr. Pilla previously sat on the Board of Directors of Shoppers Drug Mart Corporation and Domtar Corporation. Mr. Pilla holds a Bachelor of Engineering in Chemical Engineering from McGill University.

Steven Richardson

Mr. Steven P. Richardson CPA serves as Independent Director of the Company. Senior Executive & Strategic Leadership; Financial Literacy & Expertise; Digital Economy; Enterprise Risk Management. Mr. Richardson joined Parkland’s Board of Directors in 2017, and currently serves on the Audit Committee and the Human Resources and Corporate Governance Committee. Mr. Richardson has over 30 years of experience in the financial and retail sectors. From 2003 to 2009, Mr. Richardson held senior executive roles at Hudson’s Bay Company, including serving as Chief Financial Officer from 2006 to 2009. Prior to that, Mr. Richardson held senior executive positions with financial services companies, including as Chief Financial Officer at Wells Fargo Financial Canada, Executive Vice President and Chief Financial Officer at Associates Financial Services of Canada, and Chief Financial Officer at Beneficial Canada. Mr. Richardson began his career at Imperial Oil Limited, with various positions in the corporate finance and controller’s departments. Mr. Richardson sits on the Board, sits on the Pension Investment Committee, and Chairs the Audit Committee of SupremeX Inc., and has previously sat on the Board of Directors for both RONA and easyhome Ltd. Mr. Richardson was a previous member of the Board of Directors of Sterling Shoes Inc.(3) Mr. Richardson is certified by the Institute of Corporate Directors (ICD.D. 2010) and holds CPA and CMA designations. Mr. Richardson holds a Bachelor of Arts in Economics and Commerce (Hons.) from the University of Toronto, and completed the senior executive leadership program at Columbia University

David Spencer

Mr. David A. Spencer J.D. serves as Independent Director of the Company. Senior Executive & Strategic Leadership; Legal & Regulatory Mr. Spencer joined Parkland’s Board of Directors in 2002, and currently serves on the Supply and Business Development Committee and Environment, Social and Governance Committee. Mr. Spencer has nearly 40 years of experience practicing law. He retired at the end of 2019 as Partner with Bennett Jones LLP in Calgary. Mr. Spencer’s business law practice included mergers and acquisitions, corporate finance and corporate governance. Given his retirement from Bennett Jones LLP, in 2020 Mr. Spencer will now be considered an independent director. Mr. Spencer holds a Bachelor of Laws degree from the University of Western Ontario.

Deborah Stein

Ms. Deborah Stein CPA serves as Independent Director of the Company. Senior Executive & Strategic Leadership; International Expansion, Financial Literacy & Expertise; Executive Oil, Gas & Energy Industry Experience; Digital Economy; Human Capital & Compensation; Enterprise Risk Management; Petroleum Product Supply, Trading and Marketing. Ms. Stein joined Parkland’s Board of Directors in 2016, and is Chair of the Audit Committee and sits on the Human Resources and Corporate Governance Committee. Ms. Stein has held a number of senior finance leadership roles, including as Senior Vice President Finance and Chief Financial Officer of AltaGas Ltd. from 2008 to 2015, and Chief Financial Officer and Corporate Secretary of AltaGas Utilities Group Inc. from 2005 to 2006. Ms. Stein has also held senior leadership roles at Wendy’s Restaurants of Canada, Paramount Canada’s Wonderland, and TransCanada Corporation. Ms. Stein currently sits on the Board of NuVista Energy Ltd., Trican Well Services Ltd., Aecon Group Inc., where she chairs the Audit Committee, and various private boards. She has previously served as Chairperson of FEI Canada, and on the Board of the Calgary Zoo. Ms. Stein received certification with the Institute of Corporate Directors, and is a Fellow of Chartered Professional Accountants (FCPA, FCA). Ms. Stein holds a Bachelor of Arts degree in Economics (Hons.) from York University.

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