Parkland's Marcel Teunissen named president, Parkland North America
Parkland Corporation announced that starting in the new year, Marcel Teunissen, the company's current chief financial officer will transition to the new role of president, North America, responsible for Canadian and U.S. operations.
"Parkland takes a thoughtful approach to senior executive development and progression," said Bob Espey, president and chief executive officer. "Marcel has been Parkland's chief financial officer since 2020. During this time, he has demonstrated tremendous business acumen and proven he is a progressive and exceptional leader. I am delighted he will lead our Canadian and U.S. businesses and have confidence that, under his leadership they will contribute strongly to the Company's continued growth."
Starting in the new year as well, Parkland has named Brad Monaco as interim chief financial officer. Monaco will report to Parkland's president and chief executive officer and work closely with the company's Board of Directors.
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"I am delighted Brad is stepping in as interim chief financial officer," added Espey. "Brad has proven to be a highly impactful Parkland leader in both corporate and operational roles. His diverse finance and capital markets experience coupled with his strategic planning capabilities make him the natural choice to lead our finance function on an interim basis. I am confident he will do an excellent job."
Monaco has held progressively senior finance roles at Parkland including director, capital markets, and vice-president finance for the company's Canadian business segment. Prior to Parkland, Monaco built considerable experience in various capital markets, strategic planning, and buy-side investment management roles.
Parkland has retained a leading global executive recruitment firm to conduct a search for a permanent Chief Financial Officer.
