Fullsteam hires Charles Freund as Chief Financial Officer
11/01/2022 - 08:00 AM
Industry veteran to help build and scale Fullsteam's finance function and work closely with management teams across the Fullsteam platform to unlock growth
AUBURN, Ala. , Nov. 1, 2022 /PRNewswire/ -- Fullsteam Holdings LLC ("Fullsteam"), a payments technology and vertical software holding company backed by Aquiline Capital Partners LLC, today announced it has hired Charles Freund to be the company's Chief Financial Officer.
Mr. Freund brings nearly two decades of experience in corporate finance and strategy to Fullsteam. He most recently served as CFO of global corporate payments company FLEETCOR Technologies (NYSE: FLT), where he led all aspects of the company's financial management and reporting. Prior to this, he held several leadership roles at FLEETCOR, encompassing corporate development, strategy, sales and P&L management. Mr. Freund began his career as a consultant at Sibson Consulting, where he advised clients on developing successful business strategies.
As CFO, Mr. Freund will continue to build and scale Fullsteam's finance function, collaborating with companies across Fullsteam's platform to strengthen financial management and enable leadership teams to focus on growth. Having successfully steered FLEETCOR through multiple acquisitions, Mr. Freund will enhance Fullsteam's integration capabilities for newly acquired firms. Additionally, he will lead future debt and capital financing efforts, and assist with the company's strategy, acquisition evaluations and key growth initiatives.
"I'm thrilled to welcome Charles to Fullsteam," said Michael Lawler , founder and CEO of Fullsteam. "As we grow our family of companies and execute on our software and payments strategy, Charles's experience managing the finance function of a complex global business across numerous verticals makes him the ideal fit for the role. I'm looking forward to working with Charles to help the great management teams across our platform expand their businesses."
"Fullsteam has differentiated itself by seeking out strong companies and working alongside them as strategic partners to ensure they are optimized for growth," said Mr. Freund. "My experience managing the finance function at a multifaceted global business has prepared me well for this role. I'm looking forward to working with Fullsteam's talented team as we build the future of embedded payment solutions."
About Fullsteam Holdings LLC
Fullsteam is a leading payments and software company headquartered in Auburn, Alabama . Fullsteam provides its companies with streamlined payments infrastructure and enhanced operational support to better serve customers. Fullsteam is actively seeking further acquisitions across multiple software verticals. For more information on the company, please visit Fullsteam.com .
Contact John Perilli Prosek Partners for Fullsteam Holdings LLC (646) 818-9264jperilli@prosek.com
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SOURCE Fullsteam Holdings LLC
Fleetcor Technologies Inc
FLT Rankings
#942 Ranked by Stock Gains
FLT Stock Data
Industry
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Sector
Finance and Insurance
Tags
Commercial Services, Miscellaneous Commercial Services, Information, Data Processing, Hosting, and Related Services
Country
US
City
Atlanta
About FLT
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