Parkland Income Fund (TSX: PKI.UN) has named a new chief financial officer and vice-president.
Ken Grondin takes over from the retiring John Schroeder effective next Monday.
A news release issued by Parkland said Grondin is a chartered accountant, certified management accountant and chartered business valuator. He previously served as CFO and a board member with Nygard International of Winnipeg.
Before that, he was a partner with and head of the tax division for the Winnipeg office of Arthur Anderson Chartered Accountants, executive vice-president and CFO with OPTX 2000, and a tax partner with Price Waterhouse.
“We are excited to have been able to recruit Ken to the Parkland team,” said Mike Chorlton, Parkland’s president and CEO. “His talent and experience are ideally suited to Parkland’s strategic needs as we move forward with continued high growth and our emphasis on operational excellence.”
Schroeder was Parkland’s chief financial officer and a vice-president for 22 years.
Parkland operates retail and wholesale fuels and convenience store businesses under its Fas Gas Plus, Fas Gas, Race Trac Fuels and Short Stop Food Stores brands, as well as through independent branded dealers. It also transports fuel and other products, and supplies propane, bulk fuel, heating oil, lubricants, industrial fluids, agricultural inputs and associated services under the Neufeld, Columbia Fuels, United Petroleum and Great Northern Oil brands. Parkland also operates the Bowden refinery as a storage and contract-processing site.