Element Names Acting CEO, Rejects Possible Sale

The board of directors of Element Fleet Management Corp. named Dan Jauernig acting CEO and has rejected a proposal from some of its shareholders that it explore a possible sale of the business.

Daniel P. Bearth | Staff Writer
February 12, 2018

Element to Create Separate Fleet Management, Equipment Finance Units

Element Financial Corp. plans to split into two publicly traded companies — one devoted to fleet management and the other to equipment finance.

Transport Topics
February 18, 2016

Element Strikes $6.9 Billion Deal for GE’s Fleet Management Unit

Element Financial Corp. is set to become the largest operator of commercial vehicles in North America after striking a deal to acquire all of GE Capital’s fleet management business in the United States and Mexico for $6.9 billion.

Daniel P. Bearth | Senior Features Writer
July 6, 2015