Zenith Provecta has promoted Andrew Cope to Executive Chairman. He will now focus on future growth following the deal with Morgan Stanley Private Equity, which acquired a 60% stake in the business.
Cope progressed through the ranks at Zenith to sales and marketing manager and then director, until his promotion to managing director in 1998. He has guided the company through four management buy outs and the acquisition of Provecta in 2008.
To support Cope in his new role, Tim Buchan (formerly group operations director) becomes Zenith’s new chief executive officer.
Meanwhile, Ian Hughes has joined Zenith Provecta as commercial director.
“I am delighted to have the opportunity to join what is clearly a highly skilled team of people who are truly committed to delivering on their customer promise," said the former Citroen marketing director.
"This new role will allow us to take our customer proposition to a new level, and help to maintain the industry leading customer satisfaction that Zenith Provecta is so well known for.”
Ben Creswick has also been appointed to the board. He joined the company in 2002 as a sales account executive and was appointed head of business development last year.
Cope described the last few months as "a very exciting time" for Zenith Provecta.
"The Morgan Stanley deal, announced in the summer, is now complete, and the new management structure will enable the company to continue to grow while maintaining our focus on providing excellent customer service as a leading fleet funding and consultancy company," he added.