Mr. Parma plays an active management role. He has an extensive career in several business disciplines that includes banking, real estate, manufacturing, broadcasting, distribution, baseball and government. He is a seasoned professional with a proven track record of creating, growing, and selling organizations in a variety of industries.
Mr. Parma has completed numerous acquisitions and dispositions involving negotiations, purchases, sales and final implementation. He was a founder and Chairman of the Board of La Jolla Bank and Trust Co. for 20 years, and he negotiated the merger of the bank with Security Pacific, which in turn was acquired by Bank of America. Mr. Parma has owned and managed La Jolla Capital, Inc., holding company for Coast Distributing Co., a distributor of Anheuser-Busch products. He was also an owner and board chairman of Par Broadcasting Co., Inc., an operator of several San Diego radio stations; PAR Tower Communications Co.,; Lyon Technologies, Inc.; Parma Management Co., Inc.; Parma Property Co., Inc.; PFT Storage, Inc., operator of SD Storage; and, Pacific Capital Trading Co., Inc. with offices in the San Francisco Bay area, Taiwan and China.
His early career included executive positions with Teledyne, Inc., Solar Aircraft Co., California State Junior Chamber of Commerce, and the San Diego Junior Chamber of Commerce. Mr. Parma has also been co-owner of the San Diego Padres Baseball Club from 1990 to 1995. He served in Washington, D.C. as Chief of Staff to Congressman Bob Wilson; and was a member of the transition team for President Gerald R. Ford.
Mr. Parma received his Bachelor of Arts in Economics and Political Science from San Diego State University, where he also played football for 3 years as varsity quarterback.