SpotHero, a parking reservation marketplace in North America, has announced Kavita Suthar as its new chief financial officer. The announcement comes as SpotHero continues to utilize and develop technology to further digitize the multi-billion-dollar parking industry.
“Kavita brings a wealth of experience and expertise in financial strategy and management,” said SpotHero CEO and co-founder Mark Lawrence. “Her commitment to excellence and her strategic vision will play a pivotal role in guiding SpotHero toward continued financial growth and success.”
Suthar will oversee the company’s finance and accounting functions with a focus on strategic and operational execution. Prior to SpotHero, Suthar was the CFO at Redbox where, in her seven-plus years, she helped the business scale and was part of the leadership team that took the company public. Before Redbox, Suthar spent 10-plus years at US Cellular across various roles including corporate finance, strategy and marketing. She began her career as an auditor with Grant Thornton.
Hiring Suthar builds upon SpotHero’s recent momentum, including the opening of its Chicago and Toronto offices.
