Jay Forbes Related Content

Element Sees 38% Increase in Adjusted Operating Income Y/Y

Element Fleet Management reported financial results for the first quarter ended March 31, 2019 and further progress on the company’s client-centric transformation. Q1 adjusted operating income from core business increased 38% from Q1 2018 to $122 million. read more

Element Reports $99.2MM Operating Income for Q4/2018, Up $3.8MM Y/Y

Element Fleet Management released its financial results for the fourth quarter and 12 months ended December 31, 2018 and reported accelerated progress on its transformation work. read more

CIBC, BMO, Barclays Lead $300.3MM Element Fleet Share Offering

Element Fleet Management closed its offering of 45,500,000 common shares at a price of $6.60 per share for an aggregate gross proceed of $300.3 million. read more

Element Fleet Management More Than Doubles Q2/18 Net Income

Element Fleet Management reported consolidated net income for Q2/18 more than doubled compared to the previous year, reaching C$79.1 million (US$60.4 million). read more

Element Fleet Management Appoints Culmone Chief Financial Officer

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

Element Names Forbes CEO, Intends to Refresh Board of Directors

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

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