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Element Fleet Management CEO Dottori-Attanasio wins top award

Market News, Transport
TSX:EFN
22 November 2024 13:00 (EST)
Element Fleet Management CEO Laura Dottori Attanasio

(Source: AGF Management)

Element Fleet Management (TSX:EFN) chief executive officer (CEO) Laura Dottori-Attanasio has won the New CEO of the Year award from The Globe and Mail’s Report on Business magazine.

Dottori-Attanasio took over the role in May 2023 and has made numerous strategic investments to enhance the business, such as acquiring Autofleet, a fleet and mobility solutions specialist, as well as opening a centralized leasing hub in Ireland.

From a financial perspective, her tenure is marked by over 20 per cent revenue growth across only five quarters, including average quarterly net income over US$92 million.

The Globe and Mail’s annual CEO of the Year Awards recognize top Canadian leaders across five categories who have made a significant impact on their companies with fewer than three years of tenure.

Leadership insights

“I am honoured to be the recipient of this year’s recognition, which would not be possible without the remarkable team at Element; their unwavering dedication and perseverance steer our success daily. This award is a testament to and reflection of their collective achievements,” Dottori-Attanasio said in a statement. “Our goal is and continues to be to leverage our phenomenal strengths and build upon the clear momentum of our proudly Canadian company.”

“Inspired by our purpose to move the world through intelligent mobility, Laura is leading Element through record growth, with a client-centric mindset, strategic innovation and modernization of our digital capabilities,” commented David Madrigal, Element’s chief commercial officer.

“Laura’s leadership has not only strengthened our market position but has also advanced our commitment to our team members and long-term sustainability,” added David Colman, Element’s executive vice president and chief legal and sustainability officer. “This recognition speaks volumes to how Element is well-positioned to accelerate for the future while ensuring we continue to deliver the very best for our clients, our people and our communities.”

About Element Fleet Management

Element Fleet Management is the largest publicly traded pure-play automotive fleet manager in the world.

Element Fleet Management stock (TSX:EFN) is down by 0.067 per cent trading at C$29.70 per share as of 12:05 pm ET. The stock has added 41.36 per cent year-over-year and 155.81 per cent since 2019.

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(Top photo of Element Fleet Management CEO Laura Dottori-Attanasio: AGF Management)


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