Element Fleet Management appointed Vito Culmone chief financial officer. Culmone will assume the role on July 16, replacing Samir Zabaneh, who has resigned as Element’s CFO to assume an executive role with another organization in the fintech industry. read more

JUN 26, 2018 - 6:34 am

Element Fleet Management’s subsidiary, Custom Fleet, has closed on an approximate $758 million asset-backed funding facility secured by commercial fleet leases and their underlying vehicles. read more

MAY 25, 2018 - 7:00 am

Element Fleet Management announced core fleet originations in Q1/18 were C$1.47 billion, up 10.5% from C$1.33 billion in Q1/17. read more

MAY 16, 2018 - 7:11 am

Element Fleet Management appointed Jay Forbes as its new CEO and announced the planned addition of four new independent directors to its board of directors. read more

MAY 14, 2018 - 7:49 am

Element Fleet Management completed the issuance of $1 billion of rated ABS term notes through Chesapeake Funding II. read more

APR 18, 2018 - 6:57 am

Kroll Bond Rating Agency released a comment on the Q4/17 results of Element Fleet Management, which included a significant charge related to the company’s 49.99% interest in 19th Capital, a joint venture involved in leasing highway tractors and trucks in the U.S. read more

MAR 22, 2018 - 7:15 am

Element Fleet Management reported core fleet originations in Q4/17 were C$1.46 billion ($1.13 billion) compared to C$1.44 billion ($1.11 billion) in Q3/17 and C$1.43 billion ($1.10 billion) in Q4/16. read more

MAR 15, 2018 - 7:07 am

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

Bloomberg reported that Element Fleet Management, after facing pressure to sell from investors, is evaluating a joint bid from Canada Pension Plan Investment Board and Onex as well as a bid from KKR & Co. read more

DEC 14, 2017 - 7:19 am

The Certified Lease & Finance Professional Foundation announced that Carol Virgin, syndication manager at CHG-Meridian, became the 500th CLFP. read more

NOV 13, 2017 - 7:51 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 received an initial issuer rating of BBB+ with stable outlook from Fitch Ratings. read more

OCT 5, 2017 - 7:13 am

After being accused of fleeing Canada to avoid tax hikes, ECN Capital’s Steve Hudson denied such claims through a spokesman, Canada’s Business News Network reported. read more

SEP 29, 2017 - 7:26 am