Marshall Leasing's Peter Cakebread announces retirement
16 March 2021
Author: Sean Keywood
Peter Cakebread, managing director of Marshall Leasing, has announced his retirement from the business after more than 30 years.
He joined the firm in November 1990, and is credited with an instrumental role in its success in the leasing industry.
His retirement will take effect on 30 April.
Cakebread said: "I have truly been blessed to spend my career with great people, in an intellectually stimulating industry and one in which I have enjoyed a lot of fun, alongside the success. Now seems an appropriate time for me to retire and hand over the reins to the next generation.
"The business is strong, growing and well-structured to meet the challenges of the next stage in its evolution. I am leaving with a great many fantastic memories, and enduring friendships."
Cakebread oversaw the acquisition of Marshall Leasing by Northridge Finance in 2017.
Northridge managing director James McGee said: "Peter is a true icon within the leasing industry and a genuine gentleman who has become a real friend. He will leave us with a really strong business set for future growth and built on very solid foundations."
In addition to his role at Marshall Leasing, Cakebread has had a long involvement with the BVRLA, including a two-year stint as chairman.
BVRLA chief executive Gerry Keaney said: "Peter has been an active member of the BVRLA for over 20 years, participating in the Leasing and Fleet Management Committee since 1998, joining our board in 2007 and becoming chairman in 2013.
"He has contributed towards all key policy decisions taken by the BVRLA over the past 20 years, helping to shape the sector and make it the force that it has become today.
"It was befitting that Peter was awarded the prestigious BVRLA Freddie Aldous Outstanding Contribution Award at our 2020 annual dinner, which is a timely acknowledgement of our gratitude for all he has done for the industry over the years. On behalf of everybody in the BVRLA family, we wish him well in his retirement."