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Henok Tesfaye has been the Chairman and CEO of USP Holdings since 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 USP Holdings was awarded the multi-million-dollar contracts to manage the parking facilities at the 5 of the busiest Airports on the East Coast, adding Orlando International Airport acquired earlier this year. Mr. Tesfaye is also involved, in the real-estate sector, at United Investments with multiple properties currently in development within the DC Metropolitan Area. Henok has been featured in multiple publications. The Washington Post described him as “a District of Columbia entrepreneurial success store, a savvy and focused business with good standing within the community.” This year, Henok has been awarded the “Business Leader of the Year” by the D.C. Chamber of Commerce in its 80th anniversary during the Chamber’s Choice Awards & Gala in October. Henok 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. BizJournals in Washington DC wrote, “Henok’s parents sent him to the Washington Area from his home in Addis Ababa, Ethiopia, at age 16 with $50 in his pocket. The plan was for Tesfaye – the second oldest of four – to stay with relatives in D.C. during high school and college, then come back to Addis Ababa to start life there as a U.S. educated young man.” In 1998, Henok did adhere to that plan by starting U Street Parking in the United States, and in 2013, start operations at Addis Ababa Bole International Airport. Henok Tesfaye is also part-owner of several businesses with respects to Property Management, Development, General Construction, and Investments
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