Parkland Corp. is combining its commercial and retail operations in the United States and international regions under Donna Sanker, who has been named president, international, for the company. The change is effective July 1.
Sanker led Parkland Corp.’s Canadian business for three years before becoming president of Parkland USA in 2023. Parkland USA has 211 convenience stores in the United States, and more than 4,000 retail locations internationally.
- Parkland Corp. is No. 38 on CSP’s 2024 Top 202 ranking of U.S. convenience-store chains by store count.
Pierre Magnan is stepping down as president, international, of Parkland Corp. following “nine successful years leading the international region,” the Calgary, Alberta-based company said in a LinkedIn post.
All of Parkland’s supply and trading activities will be led by Tyler Rimbey, Parkland’s senior vice president of supply and trading.
“This shift in our operating model will further strengthen our supply advantage and capabilities,” Simon Scott, director of corporate communications for Parkland Corp. told CSP Daily News via email.
Parkland Corp. is an international fuel distributor, marketer and convenience retailer with operations in 25 countries across the Americas. It uses the On the Run brand for its c-stores, among other regional brand names from companies it has acquired.
In its latest earnings call, Parkland Corp. said Parkland USA delivered an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $24 million in first-quarter 2024, up 57% from first-quarter 2023 but below expectations. In April, two of Parkland’s shareholders—Engine Capital and Parkland's largest shareholder, Simpson Oil Ltd.—called for a strategic review of the company. The Parkland board of directors chose not to pursue the review, Parkland Corp. President and CEO Bob Espey said during the earnings call.
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