Element Fleet Management Corp. provided an update regarding its strategic priorities, earnings outlook and leadership.Since 2012, Element has completed a number of significant transactions that have created an industry-leading fleet management...
Read Story
February 06, 2018, 07:19 AM
|
Element Fleet Management has promoted Chris Gittens to the role of president of Canadian operations, effective immediately. He will report to Kristi Webb, president and CEO, Element Fleet Management North America. Gittens joined Element in 2013 as...
Read Story
October 27, 2017, 07:19 AM
|
Element Fleet Management announced the sale of US$23 million of Element Rail Leasing II LLP 2016-1 Class B notes for an amount exceeding the current book value of the notes.“We continue to make strong progress on our overall growth strategy including...
Read Story
September 20, 2017, 07:00 AM
|
Element Fleet Management Corp. announced the sale of approximately 60% of its Heavy-duty U.S. truck portfolio (“HD Trucks”) for cash proceeds of approximately $138 million, in excess of book value.“We are pleased to announce this asset sale at an...
Read Story
September 07, 2017, 07:15 AM
|
Element Fleet Management Corp. reported financial results for the Company’s continuing operations for the three-month period ending March 31, 2017.“We delivered a solid quarter, with key revenue drivers showing improvements as the quarter progressed”...
Read Story
May 10, 2017, 07:15 AM
|
Element Fleet Management Corp. reported financial results for the Company’s continuing operations for the twelve-month and three-month periods ending December 31, 2016. Element also announced that its Board of Directors approved management’s...
Read Story
March 10, 2017, 07:05 AM
|
Element Fleet Management announced the appointment of Samir Zabaneh as Chief Financial Officer of the Company effective immediately.“I welcome Samir Zabaneh as a valuable addition to Element’s Executive Leadership Team. Samir brings significant...
Read Story
January 10, 2017, 07:00 AM
|
Element Financial Corporation (“Element”), now Element Fleet Management Corp. (“Element Fleet”) and ECN Capital Corp. (“ECN Capital”) jointly announced the completion of the reorganization of Element into two separate publicly-traded companies (the...
Read Story
October 04, 2016, 07:03 AM
|
Element Financial Corporation announced that its Board of Directors has unanimously approved plans to proceed with the reorganization of Element into two separate publicly-traded companies (the “Separation Transaction”) targeted for closing on...
Read Story
July 26, 2016, 07:18 AM
|
Element Financial Corporation reported financial results for the three-month period ending March 31, 2016. After-tax adjusted operating income for the three-month period ending March 31, 2016 was $143.3 million or $0.35 per share (basic), in line...
Read Story
May 12, 2016, 07:17 AM
|
Element Financial Corporation announced that following the completion of a strategic review of each of the Company’s business units that it initiated in October of last year, the Board of Directors has approved plans to proceed with a transaction...
Read Story
February 16, 2016, 07:21 AM
|
Element Financial announced that it has closed the acquisition of General Electric Capital Corporation’s (“GE Capital”) fleet management operations in Mexico and their fleet management operations in Australia and New Zealand doing business as Custom...
Read Story
October 01, 2015, 06:38 AM
|
Element Financial Corporation announced that it has entered into a definitive agreement to acquire the assets and operations of PHH Arval, PHH Corporation’s North American fleet management services business (the “Transaction”). Under the terms of the...
Read Story
June 03, 2014, 07:00 AM
|
Element Financial Corporation (“Element”) announced that it has entered into a US$200 million secured equipment financing agreement with Bridger, LLC (“Bridger”), an oil marketing and midstream logistics company based in Dallas, Texas. The facility...
Read Story
May 13, 2014, 07:05 AM
|