For over twenty years, Mr. Henok Tesfaye has been the President and Chief Executive Officer of U Street Parking, Inc. (USP), a company he founded in 1998. Under Mr. Tesfaye’s leadership, USP has become a premier parking company in the highly competitive parking market in the Washington, D.C. Metropolitan Area.
Mr. Tesfaye’s efforts proved successful when U Street Parking, Inc. was awarded multi- million-dollar contracts to manage parking facilities at five of the busiest airports on the East Coast, adding Orlando International Airport earlier this year.
Mr. Tesfaye is also involved in the real-estate sector, at United Investments with multi-million dollar properties currently in development within the DC Metropolitan Area. Mr. Tesfaye has been featured in multiple publications. The Washington Post described him as “a District of Columbia entrepreneurial success story, a savvy and focused business with good standing within the community.”
Mr. Tesfaye is a Board Member at Capital Bank and the Washington Architectural Foundation, as well as a member of numerous civic and professional associations including the D.C. Chamber of Commerce, the Enterprise Development Group, and the National Parking Association. Mr. Tesfaye also plays an important role in giving back to the community. He is the Chairman of the Board of the Mary Joy Foundation USA, a non-profit organization that seeks to help children and seniors in his homeland, Ethiopia.