Before joining APCOA, Mr. Veratelli was CEO of OCTO Telematics. His extensive management-experience also comprises senior roles at global businesses such as Hertz International, including the position of Senior Vice President of Operations & Supply Chain. Mr. Veratelli graduated from University of Udine with a master’s degree in engineering.

Bert Pijls, APCOA’s Chairman, said: “I am delighted that we have been able to attract someone of Nicola’s calibre to the role and his hands-on international experience in operational management, technology transformation, and strategy execution will be very beneficial as we, APCOA, continue on our technology driven growth path.”

Nicola Veratelli, incoming Chief Executive Officer, said: “I am thrilled to be joining a business of Apcoa’s quality. With its market leading position and its exciting growth agenda, I am looking forward to leading the company on the next phase of its journey.”

Mr. Veratelli will take up the Chief Executive Role from 1 December 2024.