Eric Chaves

Eric J. Chaves is one of the owners of Parking Company of America (PCA), a family-owned business founded in 1963.1 He is part of the third generation of the Chaves family running the company, along with his siblings.1

Background and Role

Eric Chaves serves as the President of Parking Company of America.1 He has been involved in the family business since the 1970s, when he and his siblings began helping their parents maintain parking lots and collect fees from the honor-system boxes their father had invented.1

Company History

Parking Company of America was founded by 10 native New Mexican siblings, including Eric's father, Alex Chaves Sr., in 1963.1 The company started with a single parking lot in Albuquerque and quickly expanded across the United States.12 The Los Angeles branch, where Eric is based, was established in 1967.1

Family Business

The Chaves family has been the bedrock of PCA since its inception. Eric works alongside his brother Alex Martin Chaves and sister Renee Chaves, who serve as CEO and Executive Vice President, respectively.1 This continuation of family leadership into the third generation demonstrates the strong family ties within the company.

Innovation and Growth

Under the leadership of Eric and his family, PCA has continued to innovate and grow. The company is known for introducing automation to the parking industry, including the invention of the parking meter by Eric's father, Alex Chaves Sr..1 This innovation allowed PCA to expand rapidly and become one of the largest privately-owned parking companies in the world.2

Eric J. Chaves' LinkedIn profile (username: eric-chaves-3611526) lists him as the Owner of Parking Company of America, based in Beverly Hills, California.3 His involvement in the family business and his role as an owner highlight his significant position within the company and the parking industry.