LeasePlan has announced that its managing director David Brennan will leave the company at the end of April.

Brennan has been with LeasePlan for eight years and during this time has overseen the substantial growth of LeasePlan UK, both in profits and scale. The current UK funded fleet of 135,000 is the largest the company has ever managed.

Since joining the company, he has also successfully steered LeasePlan UK to a number of prestigious industry award wins, including the Fleet News Award for Customer Service, and the organisation has also been one of Britain’s Top 50 Employers for the last three years.

Brennan will be leaving LeasePlan to take on a CEO role for a private equity backed business. Dave Stickland, the company’s finance director, will act as interim managing director until a successor is appointed.

Brennan said: “I feel I can look back on the past eight years with huge pride, and I’m very happy with the current health of the business.

“I’ve enjoyed my time at LeasePlan immensely and I would like to express my thanks to each and every member of staff for their outstanding work during my time with the company.

“I will leave LeasePlan on the best possible terms and I have passed on my best wishes to the UK management team for the future”.

Vahid Daemi, global CEO of LeasePlan, said: “LeasePlan UK has been extremely successful during David's time as managing director, particularly as this eight year period has included some very difficult economic conditions.

“We would like to thank David for his huge contribution and wish him continued success in the future.”