Nicola Veratelli Assumes Role of Chief Executive Officer of APCOA

APCOA, the leading European parking operator, has appointed Nicola Veratelli as new Chief Executive Officer. He succeeds Bert Pijls, who has been interim Executive Chairman since June 2024, and who will now resume his role as Chairman.

Before joining APCOA, Mr. Veratelli was CEO of OCTO Telematics. His extensive management-experience also comprises senior roles at global businesses such as Hertz International, including the position of Senior Vice President of Operations & Supply Chain. Mr. Veratelli graduated from University of Udine with a master’s degree in engineering.

Bert Pijls, APCOA’s Chairman, said: “I am delighted that we have been able to attract someone of Nicola's calibre to the role and his hands-on international experience in operational management, technology transformation, and strategy execution will be very beneficial as we, APCOA, continue on our technology driven growth path.”

Nicola Veratelli, incoming Chief Executive Officer, said: “I am thrilled to be joining a business of Apcoa’s quality. With its market leading position and its exciting growth agenda, I am looking forward to leading the company on the next phase of its journey.”

Mr. Veratelli will take up the Chief Executive Role from 1 December 2024.

About APCOA

APCOA is Europe's leading parking operator with more than 50 years of industry expertise. With its 5,000 employees, the Group manages more than 1.8 million individual parking spaces at 13,000 locations in 13 European countries. The company is active in the areas of parking, charging, technologies and urban solutions. With its consistent “asset light” business model, APCOA is a trusted partner, maximising value for private and public real estate owners.

Via its open digital platform, APCOA FLOW, the company connects on-street and off-street car parks with owners, partners, customers and their vehicles. Based on this technology, APCOA is transforming its car parks into urban hubs, creating the physical and digital infrastructure for mobility, logistics, EV charging and a wide range of innovative services that enable a more convenient mobility experience.

The environment also benefits: With its digital services and intelligent Traffic Management System, the company actively contributes to the reduction of emissions in cities by decreasing the volume of logistics traffic and vehicles searching for parking. By connecting parking, mobility, and proximity services for urban living, APCOA is positioned to become an integral part of the digital and physical Smart City ecosystem.