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. Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. SS&C said it will keep Blue Prisms London HQ. Sign up for exclusive newsletters, comment on stories, enter competitions and attend events. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. 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 is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. Isa do! Steve is the chairman of the Nomination Committee. By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. See Steve Parkin's compensation, career history, education, & memberships. There are no executives at Clipper Logistics Plc getting paid more. What is the salary of Steven Parkin? He made 30m from the company when it floated in 2014 and still owns 31.6 per cent. Today, he owns an online logistics company named Clipper and is wealthy by 45 million (Rs 450 crore) last year alone. Steve Parkin, from Yorkshire in the UK, dropped out of school in 1992 and got a heavy goods vehicle (HGV) license and started driving for a living. [10], In May 2020, the company donated a refrigerated trailer to the food bank run by Leeds United Foundation and Leeds City Council. 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. You can opt-out at any time by signing in to your account to manage your preferences. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services. In addition, Steve drives the Groups acquisition strategy. Steve has extensive experience of retail logistics particularly in fashion. Well I wasnt on the beach, I was in the bar, probably, he corrects himself in a gravelly Leeds accent. Steve, a fashion logistics specialist, founded the Group in 1992. The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Blue Prism is a leading player in robotics with more than 2000 clients across the world. 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. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . The firm reported in December that its revenue was up 20%after growing e-fulfilment operations, crediting the structural shift and acceleration of online retail. Will His AI Plans Be Any Different? 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. So, how much is Steve Parkin worth at the age of 57 years old? of the issued share capital of the Company immediately following Admission. 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. WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. So, how much is Steve Parkin worth at the age of 57 years old? The company reported its turnover had risen by 39.1 per cent this summer - to nearly 700 million. Parkin could bag around 100 million. We have estimated Steve Parkin's net worth , money, salary, income, and assets. This documentary-style series follows investigative journalists as they uncover the truth. 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. He also owns a number of horses and is a keen racing fan. Steve, a fashion logistics specialist, founded the Group in 1992. Steve in his office, which boasts a 30,000 Walter Knoll desk. WebSteve Parkin Net Worth. It was Christmas Eve 2014 and he was on the beach in Barbados. He is from United Kingdom. There are no executives at Clipper Logistics Plc getting paid more. Steve Parkin founded Clipper Group in 1992 with one van delivering clothing for fashion stores. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Read more: Clipper founder to table 300m takeover bid. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. He is the ninth person to reach that milestone. Steve Parkins income source is mostly from being a successful . Ballmer, meanwhile, has used his ownership of the Clippers to lower his tax rate while reporting $700 million in losses in recent years, according to a breakdown byRobert Faturechi,Justin ElliottandEllis Simani of ProPublica. Enter your password to log in. Please, The subscription details associated with this account need to be updated. Clipper Logistics executive chairman Steve Parkin has cashed in shares worth 62.2m after selling more than 10% of the company he founded. He joined the company in 1980 and was the CEO from 2000 to 2014. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is GBX518,000. Some say the UK market simply undervalues British businesses, leaving them vulnerable to takeover from deep pocketed foreigners. 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.. Registered office: 1 London Bridge Street, SE1 9GF. Last updated: 1 March 2023 at 11:00am EST. Steve is the ultimate controller of the Major Shareholder which will hold 34.80 per cent. The expected take-private bid, first reported last night by Sky News, sent Clippers share price up almost 22 per cent to 294.5p in early trading. 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? This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? 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. It will delist from the London Stock Exchange in March. Steve Parkin Net Worth His net worth has been growing significantly in 2020-2021. Parkin has taken advantage of a huge rise in the businesss share price to nearly halve his personal stake although he intends to remain a significant shareholder for the long-term in the Leeds-based business. 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. 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. His net worth has been growing significantly in 2021-2022. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . Steve Parkins income source is mostly from being a successful . I get a phone call. The mark puts the team sixth among NBA franchises despite having zero championships. Sign up WebSteve Parkin is Chairman/Founder at Clipper Logistics PLC. WebAccording to our Database, He has no children. So, how much is Steve Parkin worth at the age of 57 years old? Fund managers worry that the UKs ability to harness and grow small firms into big ones is at risk. After putting Parkin in charge of solving the problems in the supply chain, Green gave Parkin six post-dated cheques equivalent to the 300,000 Parkin was owed from the collapse of Mark One. As Executive Chairman, Steve is responsible for the strategic direction of the Group. There are no executives at Clipper Logistics Plc getting paid more. [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. Parkin could bag around 100 million. Last updated: 1 March 2023 at 11:00am EST. Last updated: 1 March 2023 at 11:00am EST. WebSteve Parkin Net Worth. 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. Steve in his office, which boasts a 30,000 Walter Knoll desk. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. Steven Parkin is 54, he's been the Executive Chairman of the Board of Clipper Logistics Plc since . Steve is the chairman of the Nomination Committee. of the issued share capital of the Company immediately following Admission. [6], In November 2019, investment fund Sun Capital Partners, Inc. announced it was considering making a bid for the company, supported by founder and executive chairman Steve Parkin. As the Executive Chairman of the Board of Clipper Logistics Plc, the total compensation of Steven Parkin at Clipper Logistics Plc is 518,000GBX. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider. However, the board and Sun Capital were unable to agree terms, consequently, both sides agreed to terminate discussions. Parkin who started out as a "man with a van" ranks 10th on the list of richest people in Yorkshire, according to Business Insider . GXO chief executive Malcolm Wilson said of the deal: This potential acquisition would enhance GXOs position as a successful pure-play logistics leader. Steve Parkin and Sun Capital Partners are plotting a 300m bid to take Clipper Logistics private, Sky News can exclusively reveal. 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. Steve Parkins income source is mostly from being a successful . [23], Clipper has been a sponsor of Leeds United football club since 2017.[24]. Steven Nicholas Parkin is Executive Chairman of the Board of the Company. John Menzies, the cargo group that works for airlines across the world, is going the same way. And theyve got all the volume for John Lewis., Parkin nods to his finance director, David Hodkin, who is sitting beside him listening attentively. Parkin could bag around 100 million. [12] In May 2022, it was announced the acquisition had been completed. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022. edit] edit] The oldest executive at Clipper Logistics Plc is ChristineCross, 68, who is the Senior Non-Executive Independent Director. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom. A man who left school at the age of 16 with no qualifications is now a multi-millionaire. Parkin is a high-profile fan of Premier League club Leeds United, and has previously considered takeover bids of the club.