Central Parking Corporation Signs Contract with University of California, Irvine
Central Parking Corporation (NYSE: CPC) today announced that Central Parking System, Inc. has begun operations of a multi-year management agreement with the University of California, Irvine Medical Center (UCI).
Central Parking will provide parking and transportation services throughout the medical center campus. The parking services commenced on May 2, 2005, which included a 775-space, six-level self-park garage. Additionally, two valet stations for the hospital and emergency room commenced on May 22, 2005, along with shuttle service between the medical center and the University, which commenced on May 9, 2005.
Commenting on the contract, Gregory J. Stormberg, Central Parking Corporation Senior Vice President, said, "We are very gratified that the Medical Center's administration has selected Central Parking to operate the parking and transportation operation of this very prestigious Medical Center. We look forward to providing UCI Medical Center patients, guest and employees with our highest level of service."
Commenting on the contract, Gregory J. Stormberg, Central Parking Corporation Senior Vice President, said, "We are very gratified that the Medical Center's administration has selected Central Parking to operate the parking and transportation operation of this very prestigious Medical Center. We look forward to providing UCI Medical Center patients, guest and employees with our highest level of service."
About UCI Medical Center
V. Jeffrey Heavrin promoted to Senior Vice President and Chief Financial Officer
Prior to joining Central Parking System in December 2002, Jeff held positions of increasing responsibility with Deloitte Touche and served as controller of Service Merchandise Corporation. He has eight years of public accounting experience and is a Certified Public Accountant. He graduated from the University of Louisville with degrees in both Accounting and Finance.
"Jeff has done an excellent job for the company and we appreciate his hard work and efforts," said Monroe J. Carell, Jr., Chairman and Chief Executive Officer. "As I stated when Jeff was appointed Chief Financial Officer on an interim basis, we are fortunate to have someone internally with the qualifications and ability of Jeff Heavrin to assume the responsibilities of the Chief Financial Officer position. We look forward to his continued leadership and contributions," said Mr. Carell.
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