Managing the Financial Side of Commercial Fleets

Fortin Promoted to VP, Asset Risk Management and Analytics for LeasePlan USA

December 04, 2009 - Press Release

ALPHARETTA, GA - LeasePlan USA, a vehicle leasing and fleet management solutions provider, has promoted Paul Fortin to the role of vice president, asset risk management and analytics. He will report directly to LeasePlan USA's chief financial officer, David Dahm.

In this position, Fortin will be responsible for managing the residual value exposure within LeasePlan's closed-end portfolio. In addition, he will provide analytical support for other areas of the business as well as LeasePlan clients. With the recent launch of PartnerPlan, an innovative new lease type, Fortin's new role will also include managing the maintenance and residual exposure for this rapidly growing portfolio.

In his previous role as director, residual value risk management, Fortin was very instrumental in developing the analytical tools to estimate current and future vehicle market value valuation tools that are integrated within LeasePlan's processes and systems.

Prior to joining LeasePlan, Fortin held several different finance and risk management positions at Mercedes Benz Credit Corporation and DaimlerChrysler Services Truck Finance. He also has five years of
experience in various financial reporting, analysis, pricing, and accounting roles at Marriott Management Services, Vanstar Corporation, and Nortel Networks.

Fortin holds a bachelor's degree in finance from the University of Illinois, a master's degree in management from the Dominican University Graduate School of Business, and is currently working towards completion of a master's degree in economics from Georgia Southern University.

LeasePlan USA, a subsidiary of LeasePlan Corp. N.V., is a global vehicle leasing and fleet management solutions provider. The company, which manages 1.4 million vehicles worldwide, offers clients customized plans for total fleet cost reduction through its technologically advanced products and dedication to customer service.


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