Parkland Fuel Corp. (TSX: PKI) is looking for a new chief financial officer.
The Red Deer-based fuel marketer and distributor announced on Friday that Ken Grondin, its senior vice-president and CFO, has resigned effective July 1. It added that it has begun the process of finding a replacement.
“Ken was instrumental in the achievement of several key strategic initiatives that have built a strong platform for future growth and profitability,” said Parkland president and chief operating officer Bob Espey in a news release.
He listed among these Parkland’s recent conversion from an income trust to a corporation, two major convertible debenture financings and several big acquisitions.
Parkland is Canada’s largest independent marketer and distributor of fuels. Its brands include Fas Gas Plus, Race Trac Gas, Bluewave Energy, Columbia Fuels, Great Northern Oil, Neufeld Petroleum & Propane, United Petroleum Products and Island Petroleum.