Simpson Oil Limited, the largest stakeholder in Parkland Corporation with a 19.8% share of the outstanding common stock, has today unveiled a presentation that outlines its vision for improving performance, accountability, and long-term value at Parkland.

The presentation, which is available for download here, offers a comprehensive review of the Company’s history of governance failures and financial underperformance. There is a strong consensus among shareholders and the market that urgent changes are required at Parkland. Under the current Board of Directors and the long-serving CEO Bob Espey, the Company has consistently fallen short of guidance and consensus, experienced significant turnover in management, allowed expenses to escalate, and pursued a flawed M&A strategy that has stifled profitability for years.

Superficial changes to the Board have not tackled the underlying issues. The critical question now is not whether change is necessary, but who shareholders can rely on to effect it.

Unlike the incumbent Board, Simpson Oil has a track record of value creation, is aligned with all shareholders, and has a clear plan to restore performance by returning Parkland to its core strengths—under renewed leadership and a Board with an ownership mindset.