Leasing.com Elevates Fazal to CEO Position

U.K.-based leasing-comparison platform Leasing.com has announced the promotion of Mike Fazal to the role of Chief Executive Officer, succeeding founder Dave Timmis who will step back from day-to-day operations after 25 years. Fazal, who has been with Leasing.com as COO, previously co-founded Karzoom and served as CCO at ASE Global. This transition in leadership coincides with broader industry shifts, as traditional leasing paradigms evolve and digital auto marketplaces increase their prominence. Timmis, who remains with the company in a strategic capacity, expressed confidence in Fazal's leadership potential. Fazal emphasized his aim to build on the company's longstanding success and help the company navigate through a transformative period for the leasing industry.