Business Profile: Eugene Kwak

Eugene Kwak

Eugene Kwak isn’t your typical Silicon Valley executive.

This former race car enthusiast has taken his passion for speed and mechanics and channeled it into a remarkable career path – revolutionizing safe and sustainable transportation at Verra Mobility, a global leader in safety mobility solutions.

Leveraging his MIT pedigree in engineering and business, Kwak cut his teeth at industry titans like Nvidia and SpaceX. Later, he brought his unique skill set to disrupt the ride-sharing space with Bird and Lyft. Now, as Senior Vice President of Product Management at Verra Mobility, Kwak spearheads innovative solutions that are reshaping the future of mobility.

While environmental concerns initially drew Kwak to the mobility sector, parenthood sharpened his focus. Witnessing the dangers of speeding firsthand while commuting between San Jose and San Francisco with his young children in mind, Kwak became a fervent advocate for road safety. This personal experience fuels his dedication at Verra Mobility, where he develops solutions to make our streets safer for everyone.

“Having spent significant time on race tracks as a kid, I know how fast and dangerous cars can be. Their speed capabilities are not meant for everyday roads,” said Kwak. “That’s what makes going to work each day rewarding. I know the work I’m doing is impactful and protects the most vulnerable people moving around our cities.”

A Driving Force in Smart Transportation

Founded in 1987, Verra Mobility has established itself as a magnet for top talent in the mobility industry. Their team of engineers, product developers, and technology experts are at the forefront of innovation, developing smart solutions that enhance safety, efficiency, and sustainability in the transportation sector.

Verra Mobility’s commitment to cutting-edge technology is evident in its industry-leading speed enforcement and bus lane enforcement systems. This proven track record with government agencies and private companies has led to successful implementations in major metropolitan areas like New York City, Chicago, Philadelphia, Seattle, and Washington D.C.

Speeding remains a major threat, contributing to roughly 30% of all U.S. traffic fatalities. In California alone, speeding is a factor in 35% of fatal crashes. These statistics underscore the critical nature of Kwak’s work.

“Growing up in Queens, I witnessed the devastating impact of speeding firsthand,” Kwak reflects. “But what truly motivates me is the evidence that Verra Mobility’s systems demonstrably change behavior and save lives across the nation.”

Kwak’s leadership at Verra Mobility has demonstrably improved safety for pedestrians, cyclists, and drivers in countless communities. While long-term infrastructure changes may take time, Verra Mobility’s solutions offer an immediate and impactful step towards creating safer cities today.

Dale Weinbaum, California Business Journal