SP Plus promotes from within for its new chief legal officer

Airport services company SP Plus Corp. has promoted its deputy general counsel, Ritu Vig, to the post of chief legal officer and secretary. Vig (in the photo above) joined SP+ last year. Since then, says the company, she has been working closely with longtime CLO Robert Sacks, who moved into a consulting role before retiring. He’s been with SP+ for 31 years.

In a statement, SP+ touted Vig’s extensive experience in securities, mergers and acquisitions, financings, corporate governance, strategy, complex commercial transactions, regulatory compliance, ethics, executive compensation and benefits. Before joining SP+, she was associate general counsel of SEC, M&A and Compliance for R.R. Donnelley & Sons Co. in Chicago—after nearly a decade with the Wm. Wrigley Jr. Company.

“Ritu’s ability to develop a strategically aligned legal function and her business acumen make her a perfect fit to help advance our Company’s growth strategy,” commented Marc Baumann, Chief Executive Officer for SP+. “Over the past 30 years, Robert has been an integral part of our executive management team and we are grateful for his many contributions to SP+,” added Mr. Baumann. “Ritu and Robert have worked closely over the past year to ensure a smooth transition.”

Vig earned her J.D. and B.S. from the University of Illinois and holds an MBA from the University of Chicago Booth School of Business. She also serves on the Board of Directors for Mercy Housing Lakefront. She is based at the SP+ corporate headquarters in Chicago, Illinois.

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