The former MD of LeasePlan UK, David Brennan, has joined Nexus Vehicle Management as chief executive officer.
Brennan had been with LeasePlan for eight years before it was announced he was leaving the leasing giant to become CEO at a private equity backed business last month.
During this time, he had 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 had 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.
Further details about his appointment at Nexus Vehicle Management are expected to be released in the coming days, but it is a real coup for the Yorkshire-based business.
The vehicle rental supplier was listed for the second consecutive year in the Sunday Times Profit Track 100 in 2013, a national league table of private companies with the fastest growing profit over the past three years.
It was named at number 34 - eight places higher than last year’s listing after recording significant annual profit growth of 70% to £4.6 million, increasing employee head count to 90 and growing customer numbers, including major blue chip clients.
The company’s success is largely due to its booking tool, IRIS, which last year celebrated its one millionth booking.
Nexus was one of only three vehicle rental companies listed in last year’s report, of which the company received the highest listing.