Pan-European parking operator Apcoa has appointed Sam Groves as chief financial officer (CFO) of the group.
Groves succeeds Steffen Bätjer, who served as CFO since March 2016.
Apcoa Parking manages over 1.5 million parking spaces at over 12,000 locations in 13 European countries. These include parking spaces at 1,800 city and shopping centre locations, 400 hotels, 250 railway stations, 150 hospitals, and over 60 European airports.
Groves, who has most recently held the post of interim chief financial officer at Apcoa, joined the gropu in 2019 to lead Apcoa's M&A and corporate development activities.
Groves has more than 20 years of international finance leadership and cross-border M&A experience in both public and private equity-backed companies.
According to Apcoa, Groves will focus on relationships with financial partners, the contractual discipline with clients and suppliers, as well as the company’s M&A activities.
