Experienced CEO takes the wheel at PE backed vehicle rental business

Leeds-headquartered business mobility provider, Nexus Vehicle Rental, has appointed Scott Haddow as its new chief executive officer to support the business in its next phase of growth.

It follows recent investment which saw Equistone Partners Europe acquire a majority stake in Nexus from Phoenix Equity Partners.

Haddow joins the management team to lead the business alongside managing director John Ellis and Alex Cook, finance director, with ex-CEO David Brennan remaining full time with the company as executive chairman.

Brennan won the Leader of the Year award at TheBusinessDesk.com’s Yorkshire Leadership Awards in 2018.

Haddow has a proven tech services background with extensive experience working within private equity backed businesses since 2008.

For five years he was group CEO to London-based MTI Technology Group, a cyber and data security solutions provider with offices in the UK, France and Germany.

Prior to MTI, he was CEO of Trustmarque Solutions for seven years, which was backed by LDC, Dunedin and Endless before a trade sale to Capita in 2016.

Brennan said: “After nine years as chief executive at Nexus and leading the business through our growth objectives, now is the perfect time to hand over the reins to an impressive CEO like Scott, to take the business forward in its next chapter.

“We’re thrilled to welcome Scott into the business, as he brings with him a wealth of experience and a strong track record in delivering growth.

“In my new role as executive chairman, I also look forward to continuing to support the business in what will be an exciting period ahead.”

Haddow added: “As I start in my new role as CEO at Nexus, I am excited to get to know my new colleagues, as well as our customers and suppliers.

“I’m looking forward to working alongside the impressive management team to broaden our mobility-as-a-service offering, as well as introducing Nexus to new markets, such as plant hire.”