Standard Parking Announces Election Of Michael J. Roberts As Director
CHICAGO, May 5, 2010 (GLOBE NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN), one of the nation's leading providers of parking management, ground transportation and other ancillary services, today announced the addition to its Board of Directors of Michael J. Roberts. Mr. Roberts, 59, was elected as Director at the Company's annual meeting of shareholders held on April 28 th.
Mr. Roberts is the former president and chief operating officer of Global McDonald's Corporation. Before assuming that position with McDonald's in November 2004, Mr. Roberts had served as the Chief Executive Officer of McDonald's USA during 2004, President of McDonald's USA from 2001 to 2004, and President of the West Division of McDonald's USA from 1997 to 2001. Mr. Roberts also serves as a director of W.W. Grainger and of Qwest Communications International, Inc.
Robert S. Roath, non-executive Chairman of the Company's Board of Directors, said, "We are very excited to welcome Mike Roberts to our Board. The insight and guidance that he can provide to us in light of his experience and success at McDonald's will serve us extremely well. We are extremely fortunate to have him on our Board."Mr. Roberts will also serve as a member of Standard Parking's audit and compensation committees. As such, the Company's audit committee, compensation committee and nominating and governance committee now are each comprised exclusively of independent Board members. Standard Parking is a leading national provider of parking facility management, ground transportation and other ancillary services. The Company, with approximately 12,000 employees, manages approximately 2,100 facilities, containing over one million parking spaces in approximately 335 cities across the United States and four Canadian provinces, including parking-related and shuttle bus operations serving more than 60 airports. More information about Standard Parking is available at www.standardparking.com. You should not construe the information on this website to be a part of this press release. Standard Parking's annual reports filed on Form 10-K, its quarterly reports on Form 10-Q, its current reports on Form 8-K and its Registration Statement on Form S-1 (333-112652) are available on the Internet at www.sec.gov and can also be accessed through the Investor Relations section of the Company's website.
CONTACT: Standard Parking Corporation G. Marc Baumann, Executive Vice President and Chief Financial Officer (312) 274-2199 firstname.lastname@example.org
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