SP Plus Announced new Leadership Succession Plan

Leadership Succession Plan

SP Plus Corporation, provider of parking, ground transportation and related products and services to commercial, institutional and municipal clients, announced the implementation of a so called leadership succession plan.

After nearly 30 years, James A. Wilhelm, CEO of SP Plus Corporation, will retire, as planned. Upon this retirement, President and COO G Marc Baumann, will assume the role of President and CEO. Baumann will also join the company's Board of Directors.

SP Plus does not intend to appoint a new COO at this point. James A. Wilhelm will remain part of the company as chairman, to share knowledge and expertise.

The changes will be effective Januari 1st, 2015.