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FLEETCOR® Appoints Experienced Financial Expert to Its Board of Directors
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Rhea-AI Sentiment
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management
Rhea-AI Summary
FLT: FLEETCOR Technologies, Inc. announces appointment of Gerald Throop to its Board of Directors and retirement of long-tenured director, Mike Buckman. Throop brings extensive financial services experience and is the third new Director appointed this year as part of FLEETCOR’s Board refreshment initiative.
Positive
Gerald Throop's extensive financial services experience will strengthen the expertise on FLEETCOR's Board, providing a fresh perspective on strategic direction.
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ATLANTA--(BUSINESS WIRE)--
FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the appointment of Gerald Throop to its Board of Directors and the retirement of long-tenured director, Mike Buckman. These changes are effective immediately. Throop is the third new Director appointed this year as part of FLEETCOR’s Board refreshment initiative.
Throop brings extensive financial services experience that includes tenures as Head of Global Equities at the National Bank of Canada, and Head of Canadian Equities at Merrill Lynch. He also served as CFO for two Canadian public telecommunications companies during his career. Throop currently serves as Audit Committee Chair and Lead Independent Director on the Ceridian Board of Directors. Earlier in his career, Throop earned his CPA while serving with a predecessor of KPMG.
“Gerry’s background strengthens the financial expertise on our Board, and we look forward to his fresh perspective on our strategic direction moving forward,” said Steven Stull, lead independent director, FLEETCOR Technologies, Inc.
“We thank Mike for his steadfast commitment as a Board member over the past 10 years. His thoughtful contributions were invaluable, and he will be missed greatly,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc.
About FLEETCOR®
FLEETCOR Technologies (NYSE: FLT) is a leading global business payments company that helps businesses spend less by providing innovative solutions that control expense-related purchasing and payment processes. The FLEETCOR portfolio of brands automate, secure, digitize, and manage payment transactions on behalf of businesses across more than 100 countries in North America, Latin America, Europe, and Asia Pacific. For more information, please visit www.FLEETCOR.com.
What is the latest announcement from FLEETCOR Technologies, Inc. (FLT)?
FLEETCOR Technologies, Inc. (FLT) announced the appointment of Gerald Throop to its Board of Directors and the retirement of long-tenured director, Mike Buckman.
What is Gerald Throop's background?
Gerald Throop brings extensive financial services experience, including tenures as Head of Global Equities at the National Bank of Canada, and Head of Canadian Equities at Merrill Lynch.
Who is currently serving as Audit Committee Chair and Lead Independent Director on the Ceridian Board of Directors?
Gerald Throop currently serves as Audit Committee Chair and Lead Independent Director on the Ceridian Board of Directors.
fleetcor is a leading global provider of fuel cards and specialized payment products to businesses. fleetcor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. fleetcor serves over 500,000 commercial accounts with millions of cardholders across the united states, canada, mexico, europe, africa and asia. for more information, please visit www.fleetcor.com. we have developed an extremely successful company based on our core principles; determination, drive, outstanding value, industry leading products, and quality people. as a result fleetcor has grown more than 40% over the last 10 years and is the world's largest provider of commercial fleet card programs. through our organic growth initiatives, strategic acquisitions, and solid business acumen, that growth will continue. to maintain our top position in the industry, it is vital to continual
