Story: RALPH MORTON
Mark Sinclair has given up on his ABC for something meatier: the position of chief operating officer at the contract hire and business car leasing firm Tusker, which is also a specialist in salary sacrifice.
A former boss of the GB subsidiary of Alphabet, BMW’s multi-marque company car leasing company before heading off to become a director of international operations at Alphabet International in Munich, Mark is returning to the UK with Tusker.
Mark will report to Tusker chief executive David Hosking in his new role as chief operating officer.
“I’m joining Tusker at a very exciting stage in its development and at a time when I can add real value to the business as it moves forward. Tusker is currently small but growing rapidly and is in a really interesting and rapidly developing market segment,” said Mark on his appointment to the car leasing and salary sacrifice company.
“I’m a strong believer in salary sacrifice as a product that is opening up and growing in the UK. Tusker is very well positioned in the market to leverage that.”
Mark, a chartered accountant who began his career with KPMG, was director of Alphabet GB from October 2007 to early 2011, and for the last 15 months was director of international operations at Alphabet International, with its global car leasing fleet of 480,000 vehicles.
Mark has wide experience of both company car leasing and salary sacrifice schemes. Mark said he expected that Tusker would increase its salary sacrifice book more than three times.
Salary sacrifice is a way of taking advantage of the low CO2 emissions of current business cars to provide cars to both non-company car driving staff, and those staff that have a jobs-need car while saving on company car tax.
Salary sacrifice will not be the right company car policy but it is an interesting alternative to traditional company car finance and business car leasing methods.
