22 h. ago Simpson Oil Condemns Parkland’s AGM Delay as Final Tactic in Board’s Failed Campaign to Cling to Control

Seeks Court Order to Conduct AGM as Scheduled Reminds Shareholders That Over 60% of Shares Voted on Simpson Oil’s GOLD Proxy Card For Majority Board Refresh at Parkland Demands the Immediate Resignation of Chair Mike Jennings and His Fellow Board Members GRAND CAYMAN, Cayman Islands — Simpson Oil Limited (“Simpson Oil”, “we” or “our”), the […]

Sport

24 h. ago U.S. company Sunoco signs deal to buy Parkland in agreement valued at US$9.1B

CALGARY — U.S. energy company Sunoco LP has signed an agreement to buy Parkland Corp. in a cash-and-stock deal valued at US$9.1 billion, including assumed debt. The deal comes as Calgary-based Parkland faces an attempt by Simpson Oil Ltd., its largest shareholder, to replace a majority of its board of directors. Parkland cancelled its annual […]

Economics

3 d. ago Cuomo Holds $3 Million of Undisclosed Options in Nuclear Startup

Former New York Governor  Andrew Cuomo has $3 million in options to a shoestring nuclear startup that he failed to disclose to an ethics board as he mounts a comeback bid to be the mayor of New York City.

Economics

3 d. ago Simpson Oil Announces Overwhelming Support for Majority Board Refresh at Parkland AGM

Reports Over 60% of Shares Voted on Simpson Oil’s GOLD Proxy Card Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote Calls on Current Board to Begin an Orderly Transition GRAND CAYMAN, Cayman Islands — Simpson Oil Limited (“Simpson Oil”, “we” or “our”), […]

Politics

4 d. ago Simpson Oil Reminds Parkland Shareholders to Vote the GOLD Proxy Card For Meaningful Boardroom Change

Reaffirms That Only the Election of ALL NINE of its Highly Qualified Nominees Will Deliver the Fresh Leadership, Governance, and Accountability Shareholders Deserve Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote Deadline to Vote is 5:00 P.M. (Calgary Time) on Thursday, May […]

Transport

5 d. ago Activist investor hasn’t cleared bar to take control of Parkland board: advisory firm

A prominent shareholder advisory firm says a dissident investor has not cleared the bar to justify taking control of Parkland Corp.’s board of directors, but there is a case for change. Institutional Shareholder Services recommends shareholders vote for six director nominees put forward by activist investor Simpson Oil and seven of Parkland management’s candidates. Parkland […]

Economics

6 d. ago Florida boy, 11, died by suicide after bullying from teacher: Lawsuit

A Florida boy took his own life after “months of bullying and public embarrassment” from his teacher, a lawsuit alleges. Two years after Louis “LJ” Johnson, 11, shot himself, his parents are suing the Marion County School Board for negligence and failing to protect their son from the person allegedly behind the bullying — fifth-grade […]

Events

7 d. ago ISS Joins Glass Lewis in Urging Parkland Shareholders to Vote For Meaningful Change

Highlights Troubling Pattern of Mismanagement, Volatile and Deteriorating Financial Performance, Failure to Execute, and Repeated Efforts to Disenfranchise Shareholders Both Leading Proxy Advisors Recommend Shareholders Vote on the GOLD Proxy Card Simpson Oil Cautions the Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote […]

Other

1 week ago Ontario takes control of London school board, launches probes at three others

TORONTO — Ontario has taken control of one school board over financial mismanagement, launched financial probes of three other boards and ordered a fifth board to repay costs for a trip to Italy to buy art. New Education Minister Paul Calandra says he is increasing accountability and transparency measures to address “failures” at several boards. […]

Society

2 w. ago Simpson Oil Responds to CEO “Departure” Amid Staggering Losses and Growing Evidence of Board Failure at Parkland

Calls Out Another Alarming Example of the Breakdown in Oversight, Transparency, and Risk Management Under the Incumbent Board Urges Shareholders to Recognize This Latest Development as Another Last-Ditch Attempt to Preserve the Status Quo Notes That Parkland’s Largest Shareholder Has Still Received No Outreach from the Board Despite Company’s Claim of Being Collaborative Reminds Shareholders […]

Culture

2 w. ago Parkland CEO to step down in bid to diffuse conflict with activist shareholder

Simpson Oil called for Bob Espey's removal and for a whole new slate of directors to be installed

Events

2 w. ago Simpson Oil Releases Presentation Addressing Years of Value Destruction Under Parkland’s CEO and Board

Highlights Plan to Restore Accountability and Deliver Results to Reverse the Current Board’s Failures Presents Shareholders With a Clear Choice: A New Team With a Focus on Execution—or More of the Same Urges Shareholders to visit www.RefuelParkland.com to View the Full Presentation and for Details on How to Vote for All Nine of Simpson Oil’s […]

Other

3 w. ago Mark Johnson: TDSB goes out of its way to cancel Canadian history

The board failed to consult historians and then arguably violated its own bylaws in its quest to scrub the names of historical figures from school buildings

Politics

4 w. ago Parkland, activist investor Simpson Oil, nominate competing director slates

CALGARY — Parkland Corp. and its biggest shareholder have each proposed competing board slates as their dispute heats up ahead of the fuel refiner and retailer’s annual general meeting next month. Simpson Oil Ltd., the Cayman Islands-based firm that owns almost 20 per cent of Parkland’s shares, has named nine nominees it wants to see […]

Other

4 w. ago Parkland nominates 13 directors including three Simpson Oil nominees

CALGARY – Parkland Corp. is proposing a slate of 13 directors including three backed by dissident shareholder Simpson Oil Ltd. for election to its board at its annual meeting next month. The Calgary-based company says the nominees come as Simpson, which owns a 19.8 per cent stake in Parkland, proposes its own rival slate of […]

Other

4 w. ago Competing slate of directors nominated by Parkland and activist investor Simpson Oil

Parkland called Simpson’s board proposal an attempt to seize control of the company without paying a premium

Other