Conrac Solutions Announces Michael J. Minerva as Chief Executive Officer

SEATTLE, WASH., October 13, 2021 -- Conrac Solutions, consolidated rent-a-car (ConRAC) facility developer, operator and financier, today announced that Michael J. Minerva, has been appointed as CEO, effective Jan. 1, 2022.

Minerva brings 30-years of airline industry experience to his position with Conrac Solutions, having served in a variety of executive positions with US Airways and American Airlines, including most recently as vice president of airport and government affairs for American. He has served as a strategic advisor to Conrac Solutions since October 2020.

“I am eager and honored to join the team at Conrac Solutions and to help serve both the rent-a-car and airport industries. Having worked with the company for nearly a year, I have seen how the top-notch Conrac Solutions team can continue to grow with its unique approaches to airport development, project finance and ConRAC operations,” said Minerva.

Mark Pfeffer, founder of Conrac Solutions and current CEO, will transition his role to chairman of the board, driving company strategic initiatives, including vehicle electrification at ground transportation centers, Small Market Program mobile quick turn-around solutions, and expanding private equity participation in airport infrastructure.

“I’m proud of Conrac Solutions. We were the first to break ground in the privatized delivery of ConRAC facilities in 2007, and since then, have grown to achieve national recognition for what we can bring to the table. The executive team of Conrac Solutions has worked with Mike since October 2020 as a key member of the business development team,” said Pfeffer. “We are excited to have his experience and vision in his new role as CEO.”