Parkland Executives Depart Fuel Retailer Amid Investor Battle

April 26, 2023, 5:11 PM UTC

At least six senior US leaders have departed from Parkland Corp. as the Calgary-based fuel retailer faces investor pressure to restructure its business.

Vice Presidents Jeff Bush, Dan Dunstan, Lewis Haag, James Stapleton and Andrew Austin were among those who left the company, according to people familiar with the matter. General manager Jorge Pradilla also left, said the people, who asked not to be named discussing private business matters.

The departures come as the company faces mounting pressure from activist hedge fund investor Engine Capital LP to divest non-core businesses. Engine, which holds 2% of shares, has ...

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