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Chicago,
IL – October 2023 / NewsmakerAlert: SpotHero,
the leading parking reservation marketplace in North America, announces
Kavita Suthar
as its new Chief Financial Officer. The announcement comes as SpotHero
continues to utilize and develop cutting-edge technology to further digitize
the multi-billion-dollar parking industry.
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 “We’re
thrilled to welcome Kavita as our new Chief Financial Officer,” said SpotHero
CEO and co-founder Mark
Lawrence. “She brings a wealth of experience and expertise in financial
strategy and management. Her commitment to excellence and her strategic
vision will play a pivotal role in guiding SpotHero toward continued financial
growth and success.”
Suthar
will oversee the company’s finance and accounting functions with a focus
on strategic and operational execution. Prior to SpotHero, Suthar was the
CFO at Redbox where, in her 7+ years, she helped the business scale and
was part of the leadership team that took the company public. Suthar held
several roles at Redbox across FP&A and Strategy. Before Redbox, Suthar
spent 10+ years at US Cellular across various roles including Corporate
Finance, Strategy, and Marketing. She began her career as an auditor with
Grant Thornton.
“I’m
very excited to officially join the SpotHero team,” said Suthar, whose
official start date as SpotHero’s Chief Financial Officer was October 5.
“SpotHero is a beloved customer brand that is in a unique position as both
an industry leader and innovator thanks to its continued focus on developing
and implementing innovative technology.”
Hiring
Suthar builds upon SpotHero’s recent momentum, including the opening of
their new Chicago and Toronto offices. The expansion continues to strengthen
our leadership position in their North American markets. SpotHero was also
named the 2023 CityLIGHTS award winner by 1871, recognizing SpotHero’s
position as a category leader within the parking industry and as a beacon
in the Chicago tech community.
For
more information on SpotHero, please visit www.SpotHero.com.
About
SpotHero
SpotHero
is the leading parking reservation marketplace in North America with over
$1 billion in parking reservations sold. Millions of drivers use SpotHero’s
mobile apps and website to find, book and access off-street parking in
more than 8,000 locations in over 300 cities in the U.S. and Canada. Leading
operator partners leverage SpotHero’s machine learning-powered dynamic
pricing platform SpotHero IQ to power data-driven decisions. For more information,
visit www.SpotHero.com.
Media
Contact:
Brooke
Saharovici
PR,
Comms & Insights
press@spothero.com |
