Market MoversSeemed like a good day to add some more (so I did). GLTA
Element Fleet Management Corp. was down after a late Monday announcement that Laura Dottori-Attanasio will become its chief executive officer.
On Monday, Element announced current CEO Jay Forbes plans to retire after the company’s annual meeting in May. Toronto-based Element, which finances and services 1½ million cars and trucks for corporate clients, said Ms. Dottori-Attanasio will join the company on Feb. 15 as president and take over as CEO in May.
Ms. Dottori-Attanasio is head of personal and commercial banking at Canadian Imperial Bank of Commerce and was considered a candidate to be its next CEO. In mid-January, CIBC announced she plans to step down as a senior executive vice-president on Feb. 1, after 14 years at the bank.