DiPaolo and Svendblad Will Lead LAZ Parking

The executives will assume day-to-day leadership of the Hartford company on January 1, 2027.

Updated on Oct. 5, 2026 in People

Isometric editorial illustration of a modular parking structure with clean concrete tiers and geometric railings, representing corporate organizational structure. — LAZ Parking announced that Tony DiPaolo and John Svendblad will assume co-CEO roles on January 1, 2027, as founder Alan Lazowski transitions to executive chairman. AI Illustration. Upload story photo >

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Tony DiPaolo and John Svendblad will serve as co-CEOs of LAZ Parking starting January 1, 2027. Founder Alan Lazowski, who started the company 45 years ago, will transition into the role of executive chairman.

Why it matters

The founders selected the incoming CEOs due to their extensive experience rising through the company ranks over the past two decades. This leadership transition aims to maintain continuity for the organization's widespread operations.

LAZ Parking currently employs approximately 23,000 people and manages 5,700 locations across North America. The firm reports a total managed revenue of $3 billion.

The players

Tony DiPaolo

He is an incoming co-CEO of LAZ Parking who has been with the firm since 2005.

John Svendblad

He is an incoming co-CEO of LAZ Parking who previously led the company's expansion into Los Angeles.

Alan Lazowski

The 66-year-old founder of the firm will transition from his current role to become executive chairman.

The details

The new co-CEO model requires consensus between DiPaolo and Svendblad during weekly executive committee meetings. Under the transition agreement, the founders will continue to serve on an executive council for the next five years.

1981: Founders launched the company's early valet operations.
March 2005: Tony DiPaolo joined the company.
2009: John Svendblad opened the Los Angeles office.
January 1, 2027: DiPaolo and Svendblad will assume day-to-day leadership.

Market Landscape

This transition aligns with the industry trend of private firms adopting co-CEO models to institutionalize management after a founder's tenure. It positions the company to maintain its competitive stance in the parking management sector.

The leadership change is expected to maintain stability for the company's managed parking facilities and service operations. Customers and clients should not see changes to existing service agreements or daily operations.

The takeaway

The firm plans for this new co-CEO leadership duo to guide the company for the next 12 to 15 years. This long-term outlook reflects a strategic move to provide stability for employees and stakeholders alike.