Elder Retires, Thrifty Acquires Welcome Corp.

ALEXANDRIA, Va. -- After more than 32 years as a Thrifty Car Rental franchisee, Ken Elder has sold his business, Welcome Corp., to Thrifty and announced his retirement.

Throughout his career, Elder has been a leader in the car rental industry. He has been active in such organizations as the Thrifty National Ad Committee, the Car and Truck Rental and Leasing Association, the American Car Rental Association and the Association for Car and Truck Rental Independents and Franchisees.

In 1997, Elder received the Auto Rental News Executive Leadership Award.

Elder, 65, plans to travel with his wife and spend more time with his family.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.