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SpotHero Announces Five Executive Leadership Additions

January 14, 2020 GMT

CHICAGO--(BUSINESS WIRE)--Jan 14, 2020--

SpotHero, the leader in digital parking and the largest place to buy and sell parking in North America, today announced the expansion of its executive leadership team with new additions Jim Terpstra, Vice President of Corporate and Business Development; Eric Brooke, Vice President of Engineering; and Matt DiBari, Vice President of Product; as well as the promotions of Nate Phillips, a 20-year transportation industry veteran named Vice President, Enterprise Sales and Client Development and Sandy Schwarz, named Vice President of Finance and Accounting. The appointments come on the heels of a year of continued expansion in which the company filled 97 positions.

Last year was a busy one for our recruiting team, and we’re thrilled to be continuing the momentum heading into 2020,” said Tiff Voltz, Chief People Officer at SpotHero. “We’re always looking for exceptional humans to join our inclusive team in Chicago and across the country, and are actively searching for talented candidates for thirty different roles across engineering, product, sales, customer support, and data science.”

SpotHero has been recognized for Best Company Culture by Entrepreneur magazine (2017), named a top company for women (2017), and most was most recently named a Best Place to Work in Chicago 2020 by Built In for the second year in a row.

Accelerating Product Development

With the addition of Eric Brooke and Matt DiBari, SpotHero is accelerating product development to fuel the digitization of the $30 billion US parking industry. Since announcing a $50 million Series D of financing led by Macquarie Capital in 2019, SpotHero has added 40 new product and engineering roles.

“The parking industry is at an inflection point when it comes to technology,” said Larry Kiss, co-founder and CTO, SpotHero. “While much progress has been made to digitize parking, the opportunity ahead remains massive. Emerging technologies ranging from smart city solutions to artificial intelligence promise to improve the driver experience and simultaneously help operators grow revenue, all while bolstering the quality of life in cities. I’m thrilled to welcome Matt and Eric to the SpotHero team to guide product and engineering at such a critical time in our industry’s growth.”

Accelerating Enterprise Growth

SpotHero also announced today the promotion of Nate Phillips to Vice President, Enterprise Sales and Client Development and the addition of Jim Terpstra as Vice President, Business and Corporate Development.

Accelerating Operations

SpotHero also announced today the promotion of Sandy Schwarz, Vice President of Finance and Accounting. Schwarz joined SpotHero as Controller in 2017 and has helped transform SpotHero’s financial reporting to meet the growing needs of our internal management and investors.

Accelerating Adoption

Accelerating industry adoption has propelled SpotHero’s business to new heights in 2019. Last year the company:

“In 2019 SpotHero hit a number of important milestones, raised capital and recruited key leaders across the company,” said Mark Lawrence, co-founder and CEO of SpotHero. “As we look ahead in 2020, our team will continue to grow our consumer marketplace, build tools for parking operators and double down on helping connect the parking industry with new technology and mobility partners.”

For more information about SpotHero, visit http://spothero.com.

About SpotHero

SpotHero is the digital parking leader and the largest place to buy and sell parking in North America. Millions of drivers use SpotHero’s mobile apps and website to find, book and access parking in more than 7,000 locations across 300 cities. Leading mobility companies use the SpotHero developer platform to power seamless parking at scale for fleets, connected cars, and urban mobility solutions. For more information, visit SpotHero.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200114005172/en/

CONTACT: Lindsay Rand

LaunchSquad

617-945-1915

press@spothero.com

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CONSUMER ELECTRONICS TECHNOLOGY TRANSPORT MOBILE/WIRELESS SOFTWARE OTHER TRANSPORT

SOURCE: SpotHero

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PUB: 01/14/2020 09:00 AM/DISC: 01/14/2020 09:01 AM

http://www.businesswire.com/news/home/20200114005172/en