The UK arm of fleet funder and management
company Alphabet has undergone a significant senior management
reshuffle following the departure of director Mark Sinclair.

The company has filled four new roles within
its senior management team, including CEO.

A spokesman for the company said: “None
are like for like replacements. It was a major restructure, with
new roles being created as a result of this.”

The changes are part of Alphabet’s bid to
achieve operational independence in the UK, although it is still
part of BMW Group Financial Services.

Previously, the back office departments at
Alphabet (GB), including operations and finance teams, were shared
with BMW Group Financial Services UK. Under the new structure,
Alphabet will have its own back office team.

Richard Schooling is to be the new CEO, while
Albert Vissers will become CFO, Paul Hollick will be sales and
marketing director, and Matt Sutherland will be COO.

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Schooling comes to the role from BMW Group
Financial Services, where he was COO from 2007. He has 25 years’
experience in fleet finance and management.

Vissers joins from BMW Financial Services
Nederland, while Hollick was previously general manager sales
development, and Sutherland was of head of vehicle operations for
Alphabet and BMW FS.

Schooling said: “This is the most significant
development for Alphabet since we launched the business in
1997.  It brings fresh impetus and innovation to the leasing
and fleet management sector.

“The new structure gives Alphabet the right
platform on which to build the next phase of its growth through
continued investment in our people and systems.”

More new appointments are expected in the
coming weeks as Alphabet completes its new operational management
structure.

claire.hack@vrlfinancialnews.com