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 Clippers leading position in the ecommerce logistics market.. 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! Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. Parkin, who is executive chairman of Clipper, holds a stake worth around a third of the firm, which provides delivery services for online retailers like Asos and John Lewis. of the issued share capital of the Company immediately following Admission. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. There can be no certainty that an offer will be made for the Company, nor as to the terms on which any offer will be made.. [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. Steve, a fashion logistics specialist, founded the Group in 1992. The company reported its turnover had risen by 39.1 per cent this summer - to nearly 700 million. 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. 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 Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Steve has extensive experience of retail logistics particularly in fashion. Parkin could bag around 100 million. 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. He is from United Kingdom. So, how much is Steve Parkin worth at the age of 57 years old? 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. "I remain as confident and focused as ever in the future growth prospects of Clipper. You can opt-out at any time by signing in to your account to manage your preferences. 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. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . 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. Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. Steve Parkins income source is mostly from being a successful . It was Christmas Eve 2014 and he was on the beach in Barbados. He is from United Kingdom. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is 518,000GBX. Sun Capital Partners now has until 18 December to table a firm offer for Clipper. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. In 2020, his horse Eagles By Day won the John Smith's Cup at York. WebAccording to our Database, He has no children. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. His net worth has been growing significantly in 2021-2022. Steve has extensive experience of retail logistics particularly in fashion. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . With allies support he could command 40 per cent of the companys voting stock in favour of his bid, Sky News reported. He holds and pursues strategic level discussions with major retailers. 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. Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox. This article is about Clipper Logistics. of the issued share capital of the Company immediately following Admission. Steve, a fashion logistics specialist, founded the Group in 1992. The pictures behind are by a Polish arist and tell a story of football violence, reminiscent of the 1970s. Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. Wallmine is a radically better financial terminal. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Steve, a fashion logistics specialist, founded the Group in 1992. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. He is from United Kingdom. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. Steve has extensive experience of retail logistics particularly in fashion. So, how much is Steve Parkin worth at the age of 57 years old? Parkin cashed in 2 million worth of shares, selling off 10 per cent of the company. Steve is the chairman of the Nomination Committee. There are 4 older and 1 younger executives at Clipper Logistics Plc. Enter your password to log in. I get a phone call. [9] The company reported 38.2 percent rise in interim pre-tax profits aided by "a successful Black Friday weekend" and was helped by a "significant increase in supporting Supply Chain Co-ordination (NHS) with the storage and distribution of PPE", processing "over 7.4 billion items of PPE on the NHS contract". [23], Clipper has been a sponsor of Leeds United football club since 2017.[24]. He holds and pursues strategic level discussions with major retailers. Steve, a fashion logistics specialist, founded the Group in 1992. Parkin is a high-profile fan of Premier League club Leeds United, and has previously considered takeover bids of the club. Los Angeles Clippers governor and former Microsoft CEO Steve Ballmer reached $100 billion in net worth Wednesday, according to Scott Carpenter of Bloomberg. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. James Anderson, a fund manager at the huge Scottish Mortgage Investment Trust has called this a huge potential blow to London. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Clipper agreed a two-year deal to become the official training kit sponsor and official logistics partner when the club secured promotion last summer. Sign up in seconds, it's free! There are no executives at Clipper Logistics Plc getting paid more. Get involved in exciting, inspiring conversations. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. 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. See Steve Parkin's compensation, career history, education, & memberships. Last year private equity funds alone did 62 billion worth of deals for UK listed companies. Steve Parkin, 55, is executive chairman of Clipper Logistics, a delivery business he founded in 1992. It has 47 sites across Europe. Steven Parkin Net Worth Steven Parkin biography. Steven Parkin Net Worth Steven Parkin biography. 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. 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. There are no executives at Clipper Logistics Plc getting paid more. Read more: Clipper founder to table 300m takeover bid. 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 is the chairman of the Nomination Committee. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. Clippers share price also rebounded strongly since the market fall in March. As Executive Chairman, Steve is responsible for the strategic direction of the Group. Isa do! 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. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Clipper has been strong in repairs and returns logistics, especially in consumer electronics, and repaired around 1.5 million items during the year ended 30 April 2022. Parkin could bag around 100 million. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. 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. Steve in his office, which boasts a 30,000 Walter Knoll desk. The company is also involved in online retail activities; and operates agency for leasing commitments. Clipper's stock market flotation in May 2014, at 100p a share, valued the business at 112.5million. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. 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. Its workforce increased by 2,000, bringing the total employees at the firm to 10,000. TheBusinessDesk.com is a trading name of Regional Media Services Ltd. (07111349) VAT Number. Steve Parkins income source is mostly from being a successful . Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. 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.