Element Fleet Management announced that Bradley Nullmeyer will retire as CEO and director and Dan Jauernig will service as acting CEO. read more
FEB 6, 2018 - 7:19 am
Element Fleet Management reported management net revenue was C$655.5 million ($514.9 million) in the first nine months of the year, down 3.0% from C$675.9 million ($530.9 million) in the first nine months of 2016. read more
NOV 9, 2017 - 6:23 am
Element Fleet Management completed the issuance of $1 billion of rated term notes through Chesapeake Funding II LLC. read more
NOV 1, 2017 - 7:12 am
Element Fleet Management appointed Chris Gittens to the role of president of Canadian operations. Gittens replaced Sebastien Blondin, who will pivot to a strategic business development role. read more
OCT 27, 2017 - 6:51 am
Element Fleet Management sold $23 million of Element Rail Leasing II LLP 2016-1 Class B notes for an amount exceeding the current book value of the notes. read more
SEP 20, 2017 - 6:58 am
Element Fleet Management announced the sale of approximately 60% of its heavy-duty U.S. truck portfolio for cash proceeds of $113.2 million in excess of book value. read more
SEP 7, 2017 - 7:00 am
Element Fleet Management released its Q2/17 financial results, reporting core fleet management net revenue was C$436.5 million ($344.09 million) in the first half of the year, down 2.9% from C$449.7 million ($354.5 million) in the first half of 2016. read more
AUG 11, 2017 - 7:04 am
Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more
MAY 31, 2017 - 7:51 am
Element Fleet Management appointed Samir Zabaneh chief financial officer of the company effective immediately. Most recently, Zabaneh was the chief financial officer of Heartland Payment Systems. read more
JAN 10, 2017 - 6:46 am
Element Financial, now Element Fleet Management and ECN Capital, completed the reorganization of Element into two separate publicly-traded companies. read more
OCT 4, 2016 - 7:08 am
Element Financial reported Q2/16 originations from its Fleet Management business of $1.70 billion compared to $820.7 million for the same quarter a year earlier. read more
AUG 12, 2016 - 8:46 am
Details have emerged concerning Element Financial’s announcement that it would separate into two separate companies: Fleet Management and Commercial Finance. read more
APR 8, 2016 - 7:30 am
Element Financial reported financial results for the three months and year ending December 31, 2015, which included a 47% increase in new originations during Q4/15. read more
MAR 3, 2016 - 7:17 am
Following a strategic review of the company’s business units, Element Financial will split into two publicly traded companies: a $19.5 billion fleet management company and a $7 billion commercial finance company. read more
FEB 16, 2016 - 7:46 am