From 1998 to 2012, Mr. Nesbitt served as President and CEO of TPS Parking Management, LLC (dba The Parking Spot), an owner and operator of off-airport parking facilities. Mr. Nesbitt conceptualized and co-founded The Parking Spot with Penny Pritzker and was responsible for running all strategic and operating aspects of the Company. Prior to launching The Parking Spot, Mr. Nesbitt was an officer of the Pritzker Realty Group, L.P. (“PRG”), the real estate group primarily responsible for Pritzker family business interests. Prior to joining PRG, Mr. Nesbitt was an Equity Vice President and Investment Manager at LaSalle Partners with a variety of responsibilities, including investment management for regional retail properties and management and leasing for office projects and parking.
Mr. Nesbitt currently serves on the Board of Directors of ForwardLine Financial, Treliant, Vanta Education and is a Trustee of the University of Phoenix. He also serves on the Board of Directors of CenterPoint Energy, JLL, Chewy, Inc. and American Airlines Group. Mr. Nesbitt is a Trustee of Chicago’s Museum of Contemporary Art and serves as Chairman of the Barack Obama Foundation.
He is a former member of The University of Chicago Laboratory School Board, former Chairman of the Board of the Chicago Housing Authority and a former board member of the Chicago 2016 Olympic Committee. Mr. Nesbitt has been active in Big Brothers Big Sisters of America and has served as Chairman of the DuSable District of the Boy Scouts of America. Mr. Nesbitt was the national treasurer of President Barack Obama’s 2008 and 2012 presidential campaigns.
Mr. Nesbitt received a B.S. degree and honorary doctorate from Albion College and an M.B.A. from The University of Chicago Booth School of Business.