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News Stories (11 Results) - Jay Forbes

Element Fleet Management Corp. announced its financial and operating results for the three and nine months ended Sept. 30 showcasing the company’s resilient business model. Element’s market-leading platform generated adjusted operating income (AOI)... Read Story
November 12, 2021, 07:15 AM


Element Fleet Management Corp. announced it has appointed Frank Ruperto as Chief Financial Officer. Ruperto will join Element as Executive Vice President, Finance, and assume the role of CFO effective immediately upon Vito Culmone’s departure in... Read Story
January 14, 2021, 07:25 AM


Element Fleet Management Corp. announced the planned departure of Executive Vice President and Chief Financial Officer Vito Culmone in early 2021, and the beginning of a search for his successor.Culmone joined Element as CFO in mid-2018 as part of a... Read Story
August 28, 2020, 07:25 AM


Element Fleet Management Corp. announced its financial results for the first quarter ended March 31, and continued progress on its transformation program.Element’s market-leading core fleet business generated adjusted operating income of $96.07... Read Story
May 12, 2020, 07:20 AM


Element Fleet Management Corp. announced the appointment of Israel (Izzy) Kaufman as Executive Vice President and Treasurer, effective Dec. 3.Kaufman brings to Element more than two decades of experience in treasury at leading financial services... Read Story
November 19, 2019, 07:08 AM


Element Fleet Management Corp. announced further progress on the company’s client-centric strategy in the second quarter.Transformation work remains ahead of plan, the company said, with a cumulative $64.3 million of run-rate profit improvements... Read Story
August 01, 2019, 07:18 AM


Element Fleet Management Corp. announced increased net income in the first quarter and further progress on the company’s client-centric transformation. Element’s fleet platform generated adjusted operating income of $90.5 million from its core... Read Story
May 08, 2019, 07:19 AM


Element Fleet Mnagement Corp. announced Chairman Brian Tobin will depart at year end.With Element’s transformation well underway, and with the assumption of increased responsibilities as Vice Chair of BMO Financial Group, Tobin has tendered his... Read Story
November 06, 2018, 07:25 AM


Element Fleet Management Corp. recently announced a customer-centric plan to meaningfully improve financial performance, strengthen and de-risk the company’s balance sheet, and position the business for growth.“We have embarked on a transformational... Read Story
October 08, 2018, 07:30 AM


Element Fleet Management Corp. announced President and Chief Operating Officer Dan Jauernig will retire from Element effective July 31, 2018.“Dan has been instrumental in putting the right pieces in place to make Element the North American fleet... Read Story
July 27, 2018, 07:25 AM


Element Fleet Management Corp. announced the appointment of Vito Culmone as its new Chief Financial Officer, bringing to the Element team deep expertise in finance and strategic planning.Culmone will assume the role on July 16, replacing Samir... Read Story
June 26, 2018, 07:28 AM