Gerard Moon, the former CEO of lessor Fortis Lease UK, is to
join independent vehicle leasing company Zenith Vehicle Contracts
in the role of commercial director.

Moon’s departure from Fortis Lease was announced by the company
in March. He had held the role of CEO at the bank-owned lessor
since 2003, when Fortis Lease bought the company for which he
previously worked, CA Industrial Finance, which was owned by
Creditanstalt. Moon has been in the leasing industry for nearly 30
years.

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Moon commented on his appointment: “The opportunity to join a
quality management team who are very ambitious and who have
aspirations to grow their business organically and by acquisition
does not come along every day.

“Zenith’s reputation in the market is very good and the
scaleability of the operational platform means it is well placed to
take advantage of opportunities as they arise.”

Chief executive of the Yorkshire-based lessor, Andrew Cope,
said: “We are delighted that Gerry is joining us as Commercial
Director. This is a new post for which he is ideally suited.”

Zenith currently operates a fleet of some 18,500 vehicles,
making it the UK’s largest independent lessor. It recently won a
deal with Allied Bakeries to manage its 380-strong company car
fleet on a fully outsourced basis.

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Back in January it won two outsourcing contracts, one for a
sale-and-leaseback deal with Truck-Lite for the provision of 60
company cars, the other with industrial chemical firm Surfachem to
lease its 46-vehicle company car fleet, of which a third were sold
then leased back.

Motor Finance Issue: 42 – April 08
by Jo Tacon ,
Published for the web: April 23 08 15:32
Last Updated: April 24 08 10:58