Close Asset Finance CEO and co-founder Roger
Stone has retired, passing the reins to colleague of 18 years Mike
Randall.
Stone, 64, said he is leaving at the top of
his company’s performance.
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“The 25th birthday seems like a natural time
to leave, and in my opinion Close Asset Finance has never been in
better shape. We are employing 435 people across 15 businesses, and
each and every one is built around the company’s core vision and
values.”
Stone said that in 25 years with CAF, it is
the company’s culture he is most proud of, although he hastens to
add its development has not been all his work.
“All our staff have had an input on the
development of our values” he added, referring to the five phrases
mounted on the walls of all the company’s subsidiaries: ‘Respect
for all, Excellent teamwork, Service excellence, Innovative
expertise, Empowerment and Recognition’
Despite his retirement, Stone plans to
keep busy – already this month he took the lead car in a 2,000
mile, five vehicle drive across Africa in support of a charity in
Malawi.
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By GlobalDataNext up will be a horse ride across Hungary,
in what Stone calls “the first in a long list of things I haven’t
had time to do in the last 40 years.”
Considering long term prospects, Stone
said: “In a year’s time, I’ll take a long breath and see where I am
– then I’ll decide.”
A full treatment of Stone’s career at
CAF will be printed in April’s edition of Leasing Life
