0000950131-01-503992.txt : 20011119
0000950131-01-503992.hdr.sgml : 20011119
ACCESSION NUMBER: 0000950131-01-503992
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20011106
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20011106
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: APCOA INC
CENTRAL INDEX KEY: 0001059262
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510]
IRS NUMBER: 161171179
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-50437
FILM NUMBER: 1776044
BUSINESS ADDRESS:
STREET 1: 900 N. MICHIGAN AVENUE
CITY: CHICAGO
STATE: IL
ZIP: 60611-1542
BUSINESS PHONE: 2185220700
8-K
1
d8k.txt
FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
November 6, 2001
Date of Report (Date of earliest event reported)
APCOA/STANDARD PARKING, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware 333-50437 16-1171179
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
900 N. Michigan Avenue
Chicago, Illinois 60611-1542
(Address of Principal Executive Office)
(312) 274-2000
(Registrant's Telephone Number, Including Area Code)
(Not Applicable)
(Former Name or Former Address,
If Changed Since Last Report)
Item 5. Other Events and Regulation FD Disclosure.
On November 5, 2001, APCOA/Standard Parking, Inc. issued a
press release regarding the resignation of Myron C. Warshauer from his positions
as Director and Chief Executive Officer of APCOA/Standard Parking, Inc. A copy
of this press release is annexed hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
(a) Financial Statements:
None.
(b) Pro Forma Financial Information:
None.
(c) Exhibits:
99.1 Press Release dated November 5, 2001.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
APCOA/Standard Parking, Inc.
DATE: November 6, 2001 By: /s/ Robert N. Sacks
-------------------------------
Robert N. Sacks
General Counsel and Secretary
EX-99.1
3
dex991.txt
PRESS RELEASE DATED NOVERMBER 5, 2001
EXHIBIT 99.1
900 North Michigan
Suite #1600
Chicago, Illinois 60611
(312) 274-2000
[APCOA/STANDING PARKING LOGO APPEARS HERE]
FOR IMMEDIATE RELEASE
Contact: Michael K. Wolf
Chief Administrative Office
(312) 274-2070
WARSHAUER BECOMES VICE CHAIRMAN EMERITUS AT
APCOA/STANDARD PARKING
CHICAGO, November 5, 2001 - APCOA/Standard Parking, Inc. today announced
the appointment of Myron C. Warshauer to the position of Vice Chairman
Emeritus. The Company's President, James A. Wilhelm, will assume the role
of CEO previously held by Warshauer.
In his role as CEO since the merger of APCOA and Standard Parking in March
of 1998, Warshauer, 62, has guided the Company through a combination of
internal growth initiatives and acquisitions to its present position as one
of the largest parking operators in North America. The Company today
operates over 1 million parking spaces that generate annual gross parking
revenues in excess of $1.5 billion.
As Vice Chairman Emeritus, Warshauer will step back from the Company's
day-to-day operations in order to work on strategic growth initiatives.
Warshauer stated, "With all of our basic systems, operating procedures and
policies now firmly in place after the merger, we are well positioned to
continue our growth in an aggressive yet disciplined fashion. It is a
logical time for me to move towards my goal of spending more time with my
family. My position as Vice Chairman Emeritus will allow me to meet my
personal objectives and still participate in the Company's future."
Warshauer noted that he will "still continue the relationships I have
cherished with both our clients and my fellow employees," and that his
decision to move away from his CEO duties was made "with the comfort of
knowing that we have the strongest management team in the industry - one
that has always been focused on, and has succeeded in, providing the best
managed parking facilities in the world."
Wilhelm, 47, who has been with the Company since 1985 and has served as its
President since September, 2000, will immediately assume the CEO position
previously held by Warshauer. "Myron has always been a leader and
visionary, not just for our Company
but for the whole parking industry," Wilhelm noted. "It's a special
privilege to be asked to follow in his footsteps."
APCOA/Standard Parking, Inc., with approximately 14,000 employees, manages more
than 1,950 airport and urban parking facilities in over 260 cities spanning 43
states and three Canadian provinces.
* * * *
The foregoing contains certain "forward-looking statements" which are based on
management's beliefs as well as on a number of assumptions concerning future
events made by, and information currently available to, management. Those
statements include, but may not be limited to, the discussions of APCOA/
Standard Parking's expectations concerning its future profitability and the
discussion of the Company's strategic assumptions regarding certain matters,
including anticipated savings. Investors are cautioned that such forward-looking
statements involve risks and uncertainties. Although the Company believes that
the assumptions underlying the forward-looking statements contained herein are
reasonable, any of the assumptions could be inaccurate and, therefore, there can
be no assurance that the forward-looking statements included herein will prove
to be accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such information
should not be regarded as representation by the Company or any other persons
that the objectives and plans of the Company will be achieved. The Company
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.