Central Parking Announces Retirement of CEO Eads Emanuel Eads has retired as Pres-


ident and Chief Executive Officer of Central Parking Corp. He joined the company in 1974, and served as Presi- dent and CEO since 2005. His retire- ment marks the conclusion of a transi- tion plan that Eads devised with the company’s owners – Kohlberg & Co., VersaCapital and Lubert-Adler – at the time of their purchase of Central Park- ing inMay 2007. Eads stated: “More than just the


major part of my career, Central Park- ing has been an important part of my life, and I retire taking great pride in the accomplishmentswe have achieved and the culture we have fostered over that period. The dedication and enthu- siasm of Central Parking’s employees are unmatched, and I am pleased that the company is so strongly positioned to continue its renowned history of


LAZ Parking Acquires InterPark


Contracts LAZ Parking has acquired 89


parking operating contracts, consisting of 30,527 spaces, from InterPark, a Chicago-based parking company with five regional operations. These 89 ven- ues includemanaged, leased and owned facilities in five key markets: Philadel- phia,Washington, DC,Atlanta, Orlan- do and theTampa region. “The InterPark acquisition repre-


sents a wonderful expansion opportu- nity for LAZ throughout the EastCoast parking markets, where we already have an operating presence,” saidAlan Lazowski, Chairman and CEO. “Inter- Park is one of the premier operators in the country employing a tremendously talented and dedicated staff.We look forward to serving InterPark’s operat- ing partners and clients with the same high standard as they currently enjoy.” Said Doug Poirier, InterPark


COO: “We were attracted to LAZ for various reasons.We knew they would provide a good home for our employ- ees; they would take good care of our landlord/client group; and (they)would operate the InterPark-owned assets in those markets in a professional and conscientiousmanner.”


MARCH 2010 • PARKING TODAY • www.parkingtoday.com 31


client responsiveness, customer service and industry leadership.” Central Parking’s Board of Direc-


tors also announced the election of James A. Marcum as President, CEO and board member. He most recently wasVice Chairman and CEO of Circuit City Stores Inc. Marcum said: “I am pleased to be joining Central Parking and to help continue its tradition of excellence and build on itsmyriad strate-


gic growth, expansion and marketing opportunities.” Board Chairman Jonathan P.Ward


said: “Central Parking is fortunate to have an executive of Jim’s caliber to con- tinue the high standards of Emanuel’s leadership and guide the company through its next phase of development. We look forward with confidence to his role in furthering Central Parking’s posi- tion as an industry leader.”


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