Tim Porter to leave Lex Autolease
Tim Porter, managing director of Lex Autolease, will leave his post at the end of October.
He joined the company in May 2013 from its parent company Lloyds Banking Group.
Lex Autolease has started a selection process to find a replacement for Mr Porter.
His leadership at Lex Autolease is considered to have been a success, achieving the company's goal of increasing its fleet size by 100,000 vehicles.
At the end of 2017, Lex Autolease ran a fleet of 381,833 cars, making it the leading leasing company in the UK, well ahead of number two LeasePlan with 168,155 vehicles.
Image: Tim Porter