Leading Proxy Advisory Firm Backs Simpson Oil’s Call for Board Overhaul at Parkland
Simpson Oil Limited (“Simpson Oil”, “we” or “our”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the outstanding common shares, today announced that Glass, Lewis & Co. (“Glass Lewis”), a leading independent proxy advisory firm, has recommended that Parkland shareholders support meaningful boardroom change by voting for seven of its nine director nominees at the Company’s Annual General Meeting (the “Meeting” or the “AGM”) to be held on May 6, 2025.
Simpson Oil Responds to CEO “Departure” Amid Staggering Losses and Growing Evidence of Board Failure at Parkland
Simpson Oil Limited (“Simpson Oil”, “we” or “our”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the outstanding common shares, today responded to the Company’s second staggering trading loss and the announcement that long-tenured CEO Bob Espey will resign—effective only at year-end.
Simpson Oil Releases Presentation Addressing Years of Value Destruction Under Parkland’s CEO and Board
Simpson Oil Limited (“Simpson Oil”, “we” or “our”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the outstanding common shares, today published a presentation outlining its plan to restore performance, accountability, and long-term value at Parkland.
Simpson Oil Files Proxy Circular, Urges Shareholders to Vote the GOLD Proxy for Wholesale Change at Parkland
Simpson Oil Limited (“Simpson Oil”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the outstanding common shares, today announced it has filed and commenced mailing of its dissident information circular (the “Circular”) and GOLD proxy in connection with the Company’s upcoming 2025 Annual General Meeting of Shareholders on May 6, 2025 (the “Meeting”). The mailing includes a shareholder letter in which Simpson Oil outlines the urgent need for change at Parkland.
Simpson Oil Sends Letter to Parkland Shareholders and Nominates Nine Highly Experienced Directors to Refuel Parkland and Restore Value
Simpson Oil Limited (“Simpson Oil”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the outstanding common shares, today released a letter to Parkland shareholders outlining why change is urgently needed at the Company’s 2025 Annual General Meeting (the “Meeting”), scheduled to be held on May 6. The full letter can be downloaded here.
