Gary Mott Becomes FLD’s Vice President

DELRAY BEACH, Fla. (Feb. 22, 2010) — FLD, Inc., one of the largest privately held automobile remarketing companies in the United States, has announced that Gary Mott has been promoted to vice president. Mott has been with FLD since 1993 and was most recently the vice president of business development.

Mott’s responsibilities will include training and managing the sales team and recruiting new salespeople. He will work closely with the new owners and management team, determine FLD’s public appearance schedule, and be available for speaking engagements.

Mott has taken on a number of initiatives with FLD during his tenure, including establishing a new revenue stream for captive finance lessors. In conjunction with the FLD technology department, Mott designed and executed a plan to sell thousands of consumer lease return vehicles for clients without the need for traditional “brick and mortar” overhead. The program maximized residual value sales results with an average lift of 35 percent per vehicle.

“It’s my belief that the automotive industry is a cycle with ever-changing, indefinable patterns on how to do business,” said Mott. “You have to stay steady and constant to maintain being a leader. The leadership at FLD allows each and every one of us to be the best at what we set our sights on. It is that very leadership that separates FLD from others.”

“We’re extremely pleased to have an individual like Gary as part of our management team,” said Ron Sanders, CEO of FLD. “I believe he possesses the leadership capabilities and the foresight to help guide our team and position us well in the future.”

Mott is a graduate of Indiana University.

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About FLD, Inc.
FLD, Inc. is recognized in North America for providing unique and comprehensive vehicle remarketing services to commercial fleets and financial institutions. FLD is one of the largest privately held remarketing companies nationwide. The in-house technology department develops customized software solutions for a variety of remarketing channels. Founded in 1979, FLD is based in Delray Beach, Fla., and has offices nationwide. Visit www.fleetlease.com for more information about FLD, or call 1-800-754-1522.