Finning Provides a Corporate Update
30 März 2022 - 1:55PM
Finning International Inc. (TSX: FTT) (“Finning” or the “Company”
or “we”, “our” or “us”) provides an update on leadership
appointments.
Today we are pleased to advise that Kevin Parkes will be
returning to our business as of April 1 in the newly created role
of Chief Operating Officer for Finning International, following
treatment and recovery from cancer. In his new role, Kevin will
oversee our global operations with a focus on consistent execution
across the business as we continue to improve the customer
experience in a cost-efficient fashion.
Kevin Parkes joined Finning in the UK in 1996 and has held a
variety of progressively senior positions across our global
operations. From 2010 to 2015, Kevin was CEO of a leading UK
equipment rental company, following Finning’s divestiture of that
business. Kevin returned to Finning in 2015 to lead our UK and
Ireland construction division and subsequently led our UK &
Ireland operations as Managing Director. In January 2019, Kevin
assumed the role of President, Finning Canada, leading
transformational initiatives to significantly elevate the
performance of our Canadian business and position it for future
growth.
David Primrose, who served as interim President for Finning
Canada during Kevin’s absence, has been appointed to this role on a
permanent basis. David has nearly 35 years of experience with
Finning in numerous senior level operational and corporate roles in
Canada, UK & Ireland, and Finning International. David led the
UK and Ireland operations from 2019 to 2021 and, prior to that,
held a variety of key operational roles within Finning Canada,
including EVP Core Industries and EVP Mining.
“We are excited to welcome Kevin back. This is an excellent
opportunity for our global business to benefit from Kevin’s
considerable operational experience, while David is well suited to
lead Finning Canada, given his vast operational and leadership
expertise, along with his deep understanding of our Canadian
business. We have a very strong and capable leadership team
positioned to capture upcycle opportunities and continue executing
on our strategic plan to drive product support, reduce costs, and
reinvest free cash flow to compound earnings. With significant
growth opportunities ahead of us, the new leadership structure will
position us to execute on our global growth strategy even more
effectively,” said Scott Thomson, Finning President and CEO.
Finning International is the world’s largest Caterpillar dealer
delivering unrivalled service to customers for nearly 90 years.
Headquartered in Surrey, British Columbia, we provide Caterpillar
equipment, parts, services, and performance solutions in Western
Canada, Chile, Argentina, Bolivia, the United Kingdom, and
Ireland.
Contact Information:Investor RelationsAmanda
HobsonSenior Vice President, Investor Relations and Treasury(604)
331-4865amanda.hobson@finning.com www.finning.com
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