Fleet Leasing

Richard Schooling to leave Alphabet

Richard Schooling,  Alphabet International.

Alphabet International has announced that former CEO of Alphabet (GB), Richard Schooling, will leave the business at the end of 2020.

Schooling joined BMW Group in 1997 as a part of the original management team that first established Alphabet. 

Following a number of roles in Alphabet and BMW Financial Services, he became CEO of Alphabet (GB) between 2011 and 2016, during a period of rapid growth for the business.

Alphabet, the fleet management division of BMW Group, bought ING Car Lease for 637 million Euros in 2011, doubling its risk fleet and propelling it up the FN50. 

In a single stroke it took Alphabet’s UK fleet size from a little over 47,000 vehicles to almost 95,000 – and straight into third spot in the FN50.

Following his five years as CEO of Alphabet (GB) he moved to Munich to join the Alphabet International Management Board as Global CCO

Schooling said: “I look back on my years in the group with huge pride, and I’m very happy how Alphabet has come from a being a start up to a company now present in 31 markets operating a portfolio of over 700,000 vehicles.

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

Marco Lessacher, CEO of Alphabet International, said; “I have known Richard for many years and would like to thank him for his invaluable contribution to the BMW Group over the past 23 years.  I wish him every success for the future.”


FN50: Future of leasing & funding webinar (incorporating FN50 insight)

Tuesday, November 3 at 2pm

 

 

 

The webinar, sponsored by Jaama, will draw on data and analysis from the 2020 FN50, with a panel of experts dissecting the leasing trends and discussing how the sector will need to evolve to address the growing demand for mobility solutions. It will seek to answer the question: what will contract hire and leasing look like in 5-10 years’ time.

Speakers confirmed to-date:

- Martin Evans, managing director, Jaama

- Ian Tilbrook, consultant and former VWFS fleet director

- Fiona Howarth, CEO, Octopus Electric

- Paul Hollick, chair Association of Fleet Professionals

- Colin Tourick, leasing consultant and expert

Sponsored by

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