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Corpay Names Chief Revenue Officer to Lead Newly Combined U.S. Sales Organization

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Corpay (NYSE: CPAY) has appointed Mike Jeffrey as the new USA Chief Revenue Officer (CRO), a role designed to lead the company's newly combined U.S. sales organization. Reporting directly to the CEO, Jeffrey will be responsible for new bookings in Corpay's core U.S. market, including Fleet, Payables, and Workforce Lodging businesses. He will also direct cross-sell initiatives to capitalize on the significant white space among existing customers who already purchase products from multiple Corpay divisions.

Jeffrey, a former Paychex senior sales executive with 20 years of experience, most recently served as Vice President of HCM Solution Sales. His appointment aligns with Corpay's strategic direction of scaling existing core businesses and supports the company's long-standing track record of sales success. The new CRO role aims to create a more unified, single view of the customer across all Corpay segments.

Corpay (NYSE: CPAY) ha nominato Mike Jeffrey nuovo Chief Revenue Officer (CRO) degli USA, un ruolo progettato per guidare la nuova organizzazione di vendita combinata dell'azienda negli Stati Uniti. Rispondendo direttamente al CEO, Jeffrey sarà responsabile per nuove prenotazioni nel core market di Corpay negli USA, includendo i settori Fleet, Payables e Workforce Lodging. Dirigerà inoltre iniziative di cross-selling per sfruttare lo spazio bianco significativo tra i clienti esistenti che già acquistano prodotti da più divisioni di Corpay.

Jeffrey, un ex dirigente senior delle vendite di Paychex con 20 anni di esperienza, ha recentemente ricoperto il ruolo di Vice Presidente delle Vendite delle Soluzioni HCM. La sua nomina è in linea con la direzione strategica di Corpay di scalare le attività core esistenti e supporta il consolidato successo di vendita dell'azienda. Il nuovo ruolo di CRO mira a creare una visione più unificata e completa del cliente in tutti i segmenti di Corpay.

Corpay (NYSE: CPAY) ha nombrado a Mike Jeffrey como el nuevo Director de Ingresos (CRO) de EE. UU., un papel diseñado para liderar la recién combinada organización de ventas de la empresa en EE. UU. Reportando directamente al CEO, Jeffrey será responsable de nuevas reservas en el mercado principal de Corpay en EE. UU., que incluye los negocios de Fleet, Payables y Workforce Lodging. También dirigirá iniciativas de venta cruzada para aprovechar el significativo espacio en blanco entre los clientes existentes que ya adquieren productos de múltiples divisiones de Corpay.

Jeffrey, un ex ejecutivo senior de ventas de Paychex con 20 años de experiencia, se desempeñó recientemente como Vicepresidente de Ventas de Soluciones HCM. Su nombramiento se alinea con la dirección estratégica de Corpay de escalar los negocios centrales existentes y apoya el historial de éxito de ventas de la empresa. El nuevo rol de CRO tiene como objetivo crear una visión más unificada del cliente a través de todos los segmentos de Corpay.

Corpay (NYSE: CPAY)가 Mike Jeffrey를 새로운 미국 수익 책임자 (CRO)로 임명했습니다. 이 역할은 회사의 새로운 통합 미국 영업 조직을 이끌도록 설계되었습니다. CEO에게 직접 보고하는 Jeffrey는 Corpay의 핵심 미국 시장에서의 신규 예약에 대해 책임을 지며, Fleet, Payables 및 Workforce Lodging 비즈니스가 포함됩니다. 그는 또한 기존 고객이 이미 여러 Corpay 부서에서 제품을 구매하는 것과 같은 중요한 공백을 활용하기 위해 교차 판매 이니셔티브를 지휘할 것입니다.

Jeffrey는 20년 경력의 Paychex 선임 영업 임원으로, 최근에는 HCM 솔루션 판매 부사장을 역임했습니다. 그의 임명은 Corpay의 기존 핵심 비즈니스 규모 확대와 일치하며, 회사의 오랜 판매 성공 기록을 지원합니다. 새로운 CRO 역할은 모든 Corpay 부문에서 고객에 대한 더 통합된 단일 관점을 만드는 것을 목표로 합니다.

Corpay (NYSE: CPAY) a nommé Mike Jeffrey au poste de Directeur des Revenus (CRO) aux États-Unis, un rôle conçu pour diriger la nouvelle organisation de vente combinée de l'entreprise aux États-Unis. Sous la responsabilité directe du CEO, Jeffrey sera chargé des nouvelles réservations sur le marché principal de Corpay aux États-Unis, y compris les activités Fleet, Payables et Workforce Lodging. Il dirigera également des initiatives de vente croisée pour tirer parti de l'espace significatif entre les clients existants qui achètent déjà des produits de plusieurs divisions de Corpay.

Jeffrey, un ancien cadre supérieur des ventes chez Paychex avec 20 ans d'expérience, a récemment été Vice-Président des Ventes de Solutions HCM. Sa nomination s'inscrit dans la direction stratégique de Corpay de développer ses activités principales existantes et soutient le bilan de succès de vente de longue date de l'entreprise. Le nouveau rôle de CRO vise à créer une vue plus unifiée du client à travers tous les segments de Corpay.

Corpay (NYSE: CPAY) hat Mike Jeffrey zum neuen Chief Revenue Officer (CRO) der USA ernannt, eine Rolle, die entschlossen wurde, um die neu kombinierte Vertriebsorganisation des Unternehmens in den USA zu leiten. Jeffrey, der direkt an den CEO berichtet, ist verantwortlich für neue Buchungen im Kernmarkt von Corpay in den USA, einschließlich der Geschäftsbereiche Fleet, Payables und Workforce Lodging. Außerdem wird er Cross-Selling-Initiativen leiten, um den signifikanten Spielraum unter bestehenden Kunden zu nutzen, die bereits Produkte aus mehreren Corpay-Abteilungen erwerben.

Jeffrey, ein ehemaliger Senior Sales Executive bei Paychex mit 20 Jahren Erfahrung, war zuletzt als Vizepräsident für HCM-Lösungsverkäufe tätig. Seine Ernennung stimmt mit der strategischen Ausrichtung von Corpay überein, bestehende Kernbereiche zu skalieren und untermauert die langjährige Erfolgsgeschichte des Unternehmens im Vertrieb. Die neue CRO-Rolle zielt darauf ab, eine einheitlichere und umfassendere Sicht auf den Kunden in allen Corpay-Segmenten zu schaffen.

Positive
  • Appointment of experienced sales leader Mike Jeffrey as USA Chief Revenue Officer
  • New CRO role designed to drive sales growth and cross-sell initiatives in core U.S. market
  • Potential for increased revenue through cross-selling to existing customers
  • Alignment with company's strategic direction of scaling core businesses
Negative
  • None.

 

ATLANTA--(BUSINESS WIRE)-- Corpay, Inc. (NYSE: CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established role of USA Chief Revenue Officer (CRO).

This new CRO role, reporting to the CEO, will be responsible for new bookings in Corpay’s core U.S. market, including the Fleet, Payables, and Workforce Lodging businesses.

The CRO will also direct Corpay’s cross-sell initiatives. A significant proportion of Corpay’s customers already purchase products from multiple Corpay divisions. This new role is designed to create a more unified, single view of the customer across all Corpay segments and capture further cross-sell opportunities where significant white space exists.

Mr. Jeffrey’s appointment reinforces Corpay’s strategic direction of scaling its existing core businesses and supports continued delivery of its long-standing track record of sales success.

“We are delighted to welcome Mike to the company and to this new, very important role,” said Ron Clarke, Chairman and Chief Executive Officer, Corpay, Inc. “Mike is an accomplished sales leader, who has successfully managed large groups of salespeople across the U.S. We fully expect Mike’s experience to help drive our sales growth and cross-sell initiatives in our U.S. businesses.”

Commenting on his new role, Mike said, “B2B payments reminds me of the market setup in the payroll industry 20 years ago, because it’s still in the early innings of adoption. I couldn’t be more excited about the opportunity at Corpay.”

Mr. Jeffrey’s 20-year career at Paychex included progressively more senior leadership and executive roles. Most recently he served as the Vice President of HCM Solution Sales, where he owned the strategy and execution of a multi-segment, multi-function sales organization spanning the US. Mike holds a BA from Pennsylvania State University.

About Corpay

Corpay (NYSE: CPAY) is a global S&P 500 corporate payments company that helps businesses and consumers manage and pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions help its customers better manage vehicle-related expenses (e.g., fueling and parking), travel expenses (e.g., hotel bookings) and accounts payable (e.g., international payments). This results in our customers saving time and ultimately spending less. To learn more visit www.corpay.com

Investor Relations

Jim Eglseder, 770-417-4697

Jim.Eglseder@corpay.com

Media Relations

Chad Corley, 770-729-5021

Chad.corley@fleetcor.com

 

Source: Corpay, Inc.

FAQ

Who has Corpay (CPAY) appointed as their new USA Chief Revenue Officer?

Corpay has appointed Mike Jeffrey, a former Paychex senior sales executive, as their new USA Chief Revenue Officer.

What will be Mike Jeffrey's responsibilities as Corpay's (CPAY) new CRO?

As Corpay's new CRO, Mike Jeffrey will be responsible for new bookings in the core U.S. market, including Fleet, Payables, and Workforce Lodging businesses, as well as directing cross-sell initiatives.

How does the new CRO role at Corpay (CPAY) align with the company's strategy?

The new CRO role aligns with Corpay's strategic direction of scaling existing core businesses and supports the company's long-standing track record of sales success.

What is the potential benefit of Corpay's (CPAY) focus on cross-sell initiatives?

The focus on cross-sell initiatives aims to capture further opportunities among existing customers who already purchase products from multiple Corpay divisions, potentially increasing revenue.

Corpay, Inc.

NYSE:CPAY

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