Parkland names new President for North American operations
Marcel Teunissen will step up next year from its Chief Financial Officer position as part of the company’s executive succession plan.
Parkland Corporation announced that Marcel Teunissen, the company’s current Chief Financial Officer, will transition to the new role of President, North America, responsible for Canadian and US operations.
Effective January 1, 2025, the move is part of the company’s executive succession plan. Brad Monaco will become Interim Chief Financial Officer and report to the company’s President and Chief Executive Officer, working closely with the Board of Directors.
“Marcel has been Parkland’s Chief Financial Officer since 2020. During this time, he has demonstrated tremendous business acumen and proven he is a progressive and exceptional leader. I am delighted he will lead our Canadian and US businesses and have confidence that, under his leadership, they will contribute strongly to the company’s continued growth,” said Bob Espey, President and Chief Executive Officer.
Monaco has held progressively senior finance roles at Parkland including Director, Capital Markets, and Vice President Finance for the company’s Canadian business segment. Prior to joining the company, he built experience in various capital markets, strategic planning, and buy-side investment management roles.
Parkland has retained a leading global executive recruitment firm to conduct a search for a permanent Chief Financial Officer.
