steve parkin clipper net worth

Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. So, how much is Steve Parkin worth at the age of 56 years old? Liberum set a target price of 375p for the FTSE All Share firm this morning, saying: A 300m valuation for Clipper would imply an April 2020E P/E of around 15x and EV/Ebitda around 8.5x. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. The mark puts the team sixth among NBA franchises despite having zero championships. Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Steve has extensive experience of retail logistics particularly in fashion. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. The fund and trust-based savings accounts that have made a mint since 1999, Octopus hits back at challenge to Bulb deal arguing it was more nimble than rivals, Flutter shares tumble after World Cup wins knock profit, Can fintech thrive outside of London? Clippers share price also rebounded strongly since the market fall in March. See Steve Parkin's compensation, career history, education, & memberships. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is 518,000GBX. 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. 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. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. Parkin is a Leeds United fan and says that he has considered taking over the club on more than one occasion in the past. So, how much is Steve Parkin worth at the age of 57 years old? In addition, Steve drives the Groups acquisition strategy. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . He is the ninth person to reach that milestone. Each email has a link to unsubscribe. He is from United Kingdom. Steve is the chairman of the Nomination Committee. [4] The company made a number of acquisitions in the 2000s including DTS logistics Ltd, Gagewell Transport Ltd and Northern Commercials (Mirfield) Ltd [5] In 2014 the company was floated on the London Stock Exchange with a valuation of 100 million. 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 chairman of the Nomination Committee. Parkin cashed in 2 million worth of shares, selling off 10 per cent of the company. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. 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. There are no executives at Clipper Logistics Plc getting paid more. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. 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. This article is about Clipper Logistics. Steven Parkin Net Worth Steven Parkin biography. He is from United Kingdom. According to Carpenter, Ballmer has seen his net worth grow by $20.1 billion since the start of 2021. It operates in 46 sites and 10 million square feet of warehousing space. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. Steve, a fashion logistics specialist, founded the Group in 1992. Well I wasnt on the beach, I was in the bar, probably, he corrects himself in a gravelly Leeds accent. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] Here's is what they said, Indore was worst: Ex-AUS captain hopes India didn't have bad intention, blasts Gavaskar's 'Gabba' pitch remark, Virat, Rohit, Dhoni or Raina? 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. We have noticed that there is an issue with your subscription billing details. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. Sign up in seconds, it's free! 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. SS&C said it will keep Blue Prisms London HQ. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. Steve Parkins income source is mostly from being a successful . The company reported its turnover had risen by 39.1 per cent this summer - to nearly 700 million. Steve Parkin is telling an anecdote to explain how he has turned Clipper Logistics into a retail distribution empire worth 430m. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . It has 47 sites across Europe. Sun Capital Partners now has until 18 December to table a firm offer for Clipper. This documentary-style series follows investigative journalists as they uncover the truth. It operates in 46 sites and 10 million square feet of warehousing space. 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. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. First, Clipper Logistics accepted a 920p a share bid from US rival GXO Logistics, a deal that sees a key provider of deliveries for M&S, John Lewis, JD Sports and Asda disappear from the stock market. 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. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. In addition, Steve drives the Groups acquisition strategy. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. Will His AI Plans Be Any Different? What is the salary of Steven Parkin? 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. "I remain as confident and focused as ever in the future growth prospects of Clipper. Other major business figures that made the list include Steve Parkin, owner of Clipper Logistics, who saw his fortunes rise by 20m. Parkin could bag around 100 million. 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. Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. One of his first jobs was driving for Huddersfield's Bonmarche clothing company. Parkin could bag around 100 million. There are no executives at Clipper Logistics Plc getting paid more. Steve in his office, which boasts a 30,000 Walter Knoll desk. And theyve got all the volume for John Lewis., Parkin nods to his finance director, David Hodkin, who is sitting beside him listening attentively. of the issued share capital of the Company immediately following Admission. 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.. 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. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. The 65-year-old purchased the Clippers for $2 billion in 2014. Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. As Executive Chairman, Steve is responsible for the strategic direction of the Group. The company is also involved in online retail activities; and operates agency for leasing commitments. However, the board and Sun Capital were unable to agree terms, consequently, both sides agreed to terminate discussions. Meanwhile, the government has dropped its probe into the 1.2 billion takeover of robot software group Blue Prism by Americas SS&C. 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. We have estimated Steve Parkin's net worth , money, salary, income, and assets. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. [8] This was considered to be controversial amid a scandal over the appointment of COVID-19 contracts in the United Kingdom and alleged cronyism in the British government, as Parkin is a top Conservative Party donor who has attended Leader's Group meetings ("the premier supporter Group of the Conservative Party") and donated 725,000 to the Conservative Party. Steve Parkins income source is mostly from being a successful . You can opt-out at any time by signing in to your account to manage your preferences. 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 executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Before his time in the NBA, Ballmer was known for his work in the tech industry as one of the first employees at Microsoft and Harvard classmate of Bill Gates. Steve has extensive experience of retail logistics particularly in fashion. GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. See Steve Parkin's compensation, career history, education, & memberships.