Hartford, Connecticut – Propark Mobility announced today that Peter Thorson has been promoted to the company’s Executive Vice President.

“Since joining Propark, Pete Thorson has made dramatic impacts in various core areas of our business operations,” said David Schmid, Propark Mobility’s Chief Investment Officer. “He has helped drive significant portfolio growth and asset value appreciation for clients within his own region, while simultaneously integrating himself in a variety of other aspects of Propark and its unique processes, driving further success across the country and creating new opportunities for himself and the company.”

Peter joined Propark in 2015 as the company’s Vice President of Operations, responsible for overseeing, developing, and growing Propark’s Southwestern United States region. His most recent position with the company as Senior Vice President included responsibility for the management of Propark’s client relationships, organizational development, growth, acquisitions, technology development and implementation, customer retention, and internal controls across all verticals.

“Pete’s industry experience is not only extensive, in some areas it’s really unsurpassed,” said Richard DiPietro, Propark’s President. “Whether it’s understanding an individual client’s complex parking insurance requirements, identifying ways to enhance Cloudpark Technology’s efficiencies, or supporting our software development processes, Pete Thorson is an expert in almost every regard, which makes him a unique talent for Propark and will bring value to our stakeholders.”

In his new role, Peter will transition to overseeing the Risk Management, Transportation, Cloudpark Technology, and Software Engineering departments, as well as providing underwriting assistance to David Schmid for his inorganic growth focus on mergers and acquisitions.

About Propark Mobility

Propark Mobility is a national, innovation-driven parking management company that provides full-service parking and mobility services for over 700 hospitality, healthcare, commercial, and off-airport locations in over 100 cities across the United States. For more information, please visit www.propark.com.