Fleet News

Key figures retire

TWO well-known figures in the fleet industry have announced their retirement.

After more than 30 years in the leasing industry, Len Clayton stepped down last week, while Michael Symons, founder and executive chairman of Helphire, also announced his retirement.

Clayton, the chief executive officer of General Motors Acceptance Corporation Global Full Service Leasing, entered the car leasing industry in 1976. Before that, he had spent seven years in car rental, with his work taking him all over the globe.

Clayton, who began his working career in the Royal Air Force, was a high-profile figure in the leasing industry, holding senior roles including as managing director of Swan National, one of Britain’s biggest leasing brands in the 1970s and 1980s.

His retirement party, held in London, was attended by leading figures from the fleet industry who had worked with him over the decades.

He is planning to retire to the south of France, where he will focus on his passion for flying, which began when he gained his pilot’s licence in the RAF.

Michael Symons announced his decision to retire when Helphire announced a trading update last week.

His decision follows 13 years with the company and he is now seeking a successor on a non-executive basis.

He said: ‘I have thoroughly enjoyed my 13 years working with the company since it was founded in 1992. I feel that I am leaving the company in very good shape and wish all my colleagues the very best for the future’

  • Helphire revealed that analyst forecast sales for the financial year would be £115m, with pre-tax profits set to hit £14.3m, in line with expectations. The firm recently announced the sale and leaseback of its Bath Pinesgate call centre facilities for £17.7m.
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