Press release from CNW Group
Parkland Fuel Corporation Appoints Interim Chief Financial Officer as Part of the CFO Transition Plan
Monday, July 11, 2011
Parkland Fuel Corporation Appoints Interim Chief Financial Officer as Part of the CFO Transition Plan17:43 EDT Monday, July 11, 2011RED DEER, AB, July 11, 2011 /CNW/ - Parkland Fuel Corporation ("Parkland" or the "Corporation") (TSX: PKI), Canada's largest independent fuel distributor and marketer, today announced that, effective immediately, Andrew Cruickshank will serve as Interim Chief Financial Officer ("CFO")."I would like to welcome Andrew to the role of Interim CFO," said Bob Espey, President and Chief Executive Officer of Parkland. "With 17 years of experience in senior finance roles, Andrew is well qualified to lead our finance team through this transition period. Andrew has played a key role in implementing International Financial Reporting Standards ("IFRS") at Parkland, has a solid understanding of the fuel marketing industry, and has past experience as a CFO for a public company. I am confident that our finance department will operate seamlessly during this transition process as we complete the search for a new CFO. I also want to thank Ken Grondin for the contributions he has made over the past two years as Parkland's CFO."Andrew Cruickshank joined Parkland in June 2010 and is both a Chartered Accountant (CA) and a Certified Public Accountant (CPA). Prior to joining Parkland, Mr. Cruickshank's previous roles included Vice President of Finance at UFA Co-operative Limited, a fuel and agricultural inputs reseller serving 110,000 members, CFO of Collicutt Energy Services Ltd. and CFO of Enwin Utilities Group.About Parkland Fuel CorporationParkland Fuel Corporation is Canada's largest independent marketer and distributor of petroleum products, managing a nationwide network of sales channels. We are Canada's local fuel company, delivering gasoline, diesel fuel, lubricants, heating oil and other products to businesses, consumers and wholesale customers by community based operators who care. For further information: For investor and media inquiries please contact Tom McMillan, Investor Relations Manager at firstname.lastname@example.org or 1-800-662-7177 ext 6722.