Element Fleet Management Related Content

Report: Element Fleet Management Doubles Size of ABS

According to a Nasdaq report, citing data from the International Financing Review, Element Fleet Management’s most recent ABS issue reached $1 billion, which effectively doubled its size. read more

Element Offers OnStar Data Option on Fleet Management Platform

Element Fleet Management announced its customers now have the option to integrate data provided by OnStar into its Xcelerate platform to provide diagnostic insights from properly equipped GM fleet vehicles. read more

Element Issues $1.2B of Rated ABS Term Notes Through Chesapeake II

Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more

Element Fleet Management Q1 Assets Up, Originations Flat

Element Fleet Management reported Q1/17 finance assets were $11.1 billion, up from $10.9 billion sequentially. The company noted originations of $1.24 billion “were in line with the prior quarter." read more

Element Fleet Director Buys 15,000 Shares of Stock

Element Fleet Management director Paul Damp acquired 15,000 shares of the company’s stock with a total value of $145,000. read more

Element Reports 40% Y/Y Increase in Originations, Triples Dividend

Element Fleet Management reported 2016 originations were $6.6 billion, up 40.4% from $4.7 billion a year earlier. Element’s board also approved a recommendation for a threefold increase in its annual dividend. read more

Element Fleet Management Appoints New Chief Financial Officer

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

Celadon Group Closes Joint Venture with Element Fleet Management

Celadon Group entered into a joint venture agreement with a subsidiary of Element Fleet Management, which will hold leasing assets managed by Celadon's Quality Companies business unit. read more

Top 10 Equipment Finance Stories of 2016

DLL, Everbank’s acquisition by TIAA and Element’s split into two separate companies highlighted the top 10 news stories of the year. read more

Hudson Invests $18.2MM in ECN Shares; Holdings Valued at $26.6MM

ECN Capital CEO Steven Hudson purchased $18.2 million in ECN common shares. He also exercised options to purchase 300,000 shares for tax planning purposes. The purchases have a current market value of $26.6 million. read more

Element’s Hudson Named EY Entrepreneur of the Year Ontario

Steven Hudson, chief executive officer of Element Financial won the 2016 Entrepreneur of the Year Ontario award. read more

Element Announces Adjusted Cost Base Allocation Following Reorganization

Element Fleet Management and ECN Capital announced estimates of the adjusted cost base allocation of the common shares of each entity for Canadian income tax purposes. read more

Kroll Assigns Ratings to Element Fleet Management, ECN Capital

Kroll Bond Rating Agency assigned issuer ratings of A- to Element Fleet Management and BBB to ECN Capital, following the business separation of Element Financial. read more

Element Closes Business Separation Transaction

Element Financial, now Element Fleet Management and ECN Capital, completed the reorganization of Element into two separate publicly-traded companies. read more

Element Shareholders Overwhelmingly Vote in Favor of Business Split

Element Financial’s plan to split into two separate entities received nearly unanimous approval (99.52%) in a special meeting of shareholders. read more

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