-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U2FBhQsCFUeGNCOPoMtsTef+HIMHM3EGwvhGmSc80pZEAUL1sldG6Plcz/s2WtKn FVvZ5iY7h4Tb5dhorRl7dA== 0001171843-09-000614.txt : 20090619 0001171843-09-000614.hdr.sgml : 20090619 20090618175820 ACCESSION NUMBER: 0001171843-09-000614 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090618 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090619 DATE AS OF CHANGE: 20090618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANDARD PARKING CORP 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: 000-50796 FILM NUMBER: 09899566 BUSINESS ADDRESS: STREET 1: 900 N. MICHIGAN AVENUE CITY: CHICAGO STATE: IL ZIP: 60611-1542 BUSINESS PHONE: 2185220700 MAIL ADDRESS: STREET 1: 900 N. MICHIGAN AVENUE CITY: CHICAGO STATE: IL ZIP: 60611-1542 FORMER COMPANY: FORMER CONFORMED NAME: APCOA STANDARD PARKING INC /DE/ DATE OF NAME CHANGE: 20011126 FORMER COMPANY: FORMER CONFORMED NAME: APCOA INC DATE OF NAME CHANGE: 19980407 8-K 1 f8k_061809.htm FORM 8-K Form 8-K Filing

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

Date of Report (Date of earliest event reported) June 18, 2009


Standard Parking Corporation
(Exact name of registrant as specified in its charter)

Delaware   000-50796   16-1171179
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


  900 N. Michigan Avenue, Suite 1600
Chicago, Illinois
  60611  
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (312) 274-2000



Not Applicable
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

  [   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On June 17, 2009, Timothy J. White was elected as a member of the Board of Directors of the Company to fill the vacancy created by the increase in the size of the Board of Directors from nine to ten members. His term commenced on June 17, 2009, and expires at the Company's 2009 Annual Meeting of Stockholders, or until his successor is duly elected and qualified.

Mr. White is a Senior Managing Director and Co-Head of Mezzanine Investing and Head of Private Equity Investing for GSO Capital Partners LP, an alternative asset manager with over $23 billion of assets under management. Prior to joining GSO Capital Partners, Mr. White was a Managing Director in the Private Equity Group of Audax Group from 2000 to 2005. Prior to joining Audax Group, Mr. White worked at Donaldson, Lufkin and Jenrette in the Merchant Banking and Leveraged Finance divisions from 1994 to 2000. Mr. White also served as an Associate Counsel in the Office of the Independent Counsel in the United States Department of Justice and, prior to that, worked for the law firm of Davis Polk & Wardwell. Mr. White received a J.D. from Columbia University School of Law, an M. Phil. from Cambridge University and a B.A. from Brown University.

There are no arrangements or understandings between Mr. White and any other person, pursuant to which he was elected as a director. Mr. White's compensation as a director will be provided on the same basis as that provided to the Company's other non-management directors, as further described in the Company's Proxy Statement, filed April 1, 2008, at page 34. There have been no transactions between Mr. White and the Registrant during the prior fiscal year which would be required to be reported pursuant to Item 404(a) of Regulation S-K.

Mr. White is not currently expected to serve on any committees of the Board of Directors.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

(a) On June 17, 2009 the Board of Directors amended the Second Amended and Restated Bylaws of the Company to increase the maximum number of directors of the Company from no more than nine to no more than ten. The Board of Directors also increased by resolution the size of the Board of Directors from nine to ten members.

Item 8.01. Other Events.

The Board of Directors also nominated the following persons for election to the Board of Directors at the next annual meeting of stockholders of the Company and recommended that the stockholders of the Company vote in favor of the election of each of them: Charles L. Biggs, Karen M. Garrison, John V. Holten, Robert S. Roath, Timothy J. White, James A. Wilhelm.

On June 18, 2009 the Company issued a press release concerning the matters reported on this Form 8-K. A copy of that press release is furnished with this Form 8-K as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated June 18, 2009


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.

    Standard Parking Corporation


Date: June 18, 2009
  /s/ G. MARC BAUMANN
G. Marc Baumann
Chief Financial Officer
EX-99 2 exh_991.htm EXHIBIT 99.1 Standard Parking Corporation Announces Election of Timothy J. White to the Company's Board of Directors

EXHIBIT 99.1

Standard Parking Corporation Announces Election of Timothy J. White to the Company's Board of Directors

CHICAGO, June 18, 2009 (GLOBE NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN) one of the nation's largest providers of parking management services, announced today that Timothy J. White has been elected to the Company's Board of Directors. Mr. White is a Senior Managing Director and Co-Head of Mezzanine Investing and Head of Private Equity Investing for GSO Capital Partners LP, an alternative asset manager with over $23 billion of assets under management.

As previously reported, on May 15, 2009, GSO Capital Partners LP, and its affiliates collectively became the Company's largest stockholder, as a result of the foreclosure on shares pledged as loan collateral and previously held by Steamboat Industries LLC and its affiliates, the Company's former controlling stockholder. Jim Wilhelm, the Company's Chief Executive Officer, said: "We are very happy to have Tim join our board. He knows the parking industry quite well and has followed our Company for over ten years. We look forward to working with him and GSO Capital to continue to move our company forward."

The Company also announced that the Board of Directors has nominated the following persons for election to the Board of Directors at the next annual meeting of stockholders and recommended that the stockholders of the Company vote in favor of the election of each of them: Charles L. Biggs, Karen M. Garrison, John V. Holten, Robert S. Roath, Timothy J. White, James A. Wilhelm.

Standard Parking, with more than 12,000 employees, manages approximately 2,200 facilities, containing over one million parking spaces in more than 330 cities across the United States and Canada, including parking-related and shuttle bus operations serving approximately 60 airports.

CONTACT:  Standard Parking Corporation
          G. Marc Baumann, Executive Vice President and
           Chief Financial Officer
          (312) 274-2199
          mbaumann@standardparking.com
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