Element Fleet Management Corp. announced the planned departure of Executive Vice President Vito Culmone in early 2021, and the beginning of a search for his successor. Mr. Culmone joined Element as CFO in mid-2018 as part of a revitalized leadership team to help guide and drive achievement of the aggressive targets outlined in the Company’s transformation. With the Company in a much stronger, lower-risk position and the transformation finishing at the end of 2020, Mr. Culmone will depart Element next year. He plans to remain with Element until his successor is in place to ensure a smooth transition. Element has retained international search firm to identify a successor who will continue to build on the foundation Mr. Culmone has built.