The new chief executive of Go Plant Fleet Services is ready to build on the significant progress made by the company in the last 12 months.
Graham Hale has taken up the reigns from Vaughan McLeod, who switches to a non-executive position on the Board.
The 53-year-old, who joined the company on March 1, brings with him a successful track record after running FTSE 100 bank-owned and private equity-backed vehicle management businesses.
His wealth of financial, sales and commercial experience provides the base for strong, clear leadership in pursuit of the company’s long-term strategy. He said: “I’m delighted to be leading such a substantial company that’s now a UK leader within the commercial vehicle industry. “I join the business at an exciting time within its evolution and am hugely looking forward to a new challenge.
“Having been here for a few weeks, I’ve already been impressed by the financial, technical and operational expertise we have and the credibility we’re building in the market around our technical, operational and safety compliance. “The business is well invested in a safety-compliant fleet, an operationally-efficient nationwide workshop network and a new leading-edge IT infrastructure.
“I’m looking forward to identifying areas in which we can grow value and market share by leveraging our market positioning coupled with a robust and compliant operational platform backed by the financial strength of our private equity partners, Endless LLP.
“The Board has a clear and joined up strategic vision for Go Plant Fleet Services to be the market-leading ‘go to’ specialist fleet provider in the UK – a company that delivers a safe, reliable and professional service to our customers. “There’s a solid foundation to continue to build sustainable long-term growth.” Mr Hale’s arrival is part of a controlled evolution of the business since the merger between Go Plant Ltd and Essential Fleet Services Ltd in July 2017.
Indeed, a number of key Board appointments have been made over the last 15 months to provide strong depth and breadth of knowledge and experience.
Andrew Cope, Executive Chairman of Go Plant Fleet Services, said: “The rationale for the Endless acquisition of Essential Fleet Services followed by Go Plant was borne out of recognising the exciting and compelling strategic positioning a merged entity would provide in terms of market positioning and economies of scale.
“Having decided to recognise the exceptional restructuring costs associated with the merger within the last set of filed accounts of £2.4m, we can now look forward to exciting growth prospects.
“Go Plant Ltd nevertheless delivered a £4m profit for the 18 month period to June, 2018 with a strong set of results confidently forecast to June, 2019.”