Parkland Corporation has announced his retirement from the Board effective today. Although Mr. Pantelidis will no longer be a director of the Company, he will remain as an advisor to the Board, with the honourary title of "Chairman Emeritus", until the next annual general meeting of shareholders in recognition of his significant contributions to the Company. For over two decades, Mr. Pantelidis guided the company through its evolution from a small regional player to an international organization operating in 25 countries.

Effective immediately, the Board has appointed Steven Richardson as Chair of the Board. Mr. Richardson joined the Board in 2017 and currently serves on the Human Resources and Compensation Committee and is the Chair of the Audit Committee. Mr. Richardson has over 30 years of experience in the financial and retail sectors.

From 2003 to 2009, Mr. Richardson held senior financial positions at Hudson'sBay Company, including Chief Financial Officer from 2006 to 2009. Previously, Mr. Richardson held senior executive positions with financial services companies, including Chief Financial Officer of Wells Fargo Financial Canada, Executive Vice President and Chief Financial Officer of Associates Financial Services of Canada, and Chief Financial Officer of Beneficial Canada. Mr. Richardson currently serves on the Board of Directors of SupremeX Inc., where he chairs the Audit Committee.

He previously served on the Board of Directors for RONA Inc. and easyhome Ltd. (currently goeasy Ltd.), where he served on both Audit Committees. Mr. Pantelidis' retirement, and Mr. Richardson's appointment as Chair of the Board, form part of Parkland's ongoing Board refreshment process.