FLEETCOR® Appoints Accomplished Technology Executive To Its Board of Directors

Rhea-AI Summary

FLEETCOR Technologies (NYSE: FLT) has appointed Annabelle Bexiga to its Board of Directors, while Mark Johnson has retired after 19 years of service. Bexiga, who has held significant leadership roles in technology at firms like AIG and JP Morgan, is expected to enhance the company’s technology transformation efforts. Lead independent director Steven Stull expressed enthusiasm about Bexiga's immediate contributions. CEO Ron Clarke noted the impact of Johnson's long-term tenure, highlighting his valuable advisory role.

These changes are effective immediately and signal FLEETCOR's commitment to advancing its technological capabilities.

Positive

• Annabelle Bexiga brings extensive technology experience, expected to enhance the company's technology transformation.
• Bexiga's past roles include positions at AIG and JP Morgan, indicating a strong background in technology leadership.

Negative

• Mark Johnson's retirement could lead to potential continuity concerns due to his long tenure.

ATLANTA--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, announced today the appointment of Annabelle Bexiga to its Board of Directors and the retirement of long-tenured director, Mark Johnson. These changes are effective immediately.

Bexiga brings an accomplished career in technology to the FLEETCOR Board, having served as Chief Information Officer at AIG, TIAA, Bain Capital and JP Morgan. She also serves on a number of private and public company Boards. Bexiga will join FLEETCOR’s technology committee.

“We couldn’t be more delighted to welcome Annabelle to our Board. She is a practical, accomplished and seasoned technology executive who will immediately contribute to our technology transformation plans,” said Steven Stull, lead independent director, FLEETCOR Technologies, Inc.

“It saddens us to see Mark retire after 19 years of service on the Board. He has been an important and steady advisor to us for a very long time and he will be missed,” 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230127005091/en/

Investor Relations

Jim Eglseder, 770-417-4697

Jim.Eglseder@fleetcor.com



Media Relations

Chad Corley, 770-729-5021

Chad.corley@fleetcor.com

Source: FLEETCOR Technologies, Inc.

FAQ

Who is the new board member appointed at FLEETCOR Technologies in January 2023?

Annabelle Bexiga has been appointed to the Board of Directors of FLEETCOR Technologies.

What impact is Annabelle Bexiga expected to have on FLEETCOR Technologies?

Bexiga is expected to enhance FLEETCOR's technology transformation efforts with her extensive experience.

How long did Mark Johnson serve on FLEETCOR's Board before retiring?

Mark Johnson served on FLEETCOR's Board for 19 years before his retirement.

What positions has Annabelle Bexiga held prior to joining FLEETCOR Technologies?

Annabelle Bexiga has held significant roles including Chief Information Officer at AIG and TIAA, with experience at Bain Capital and JP Morgan.

When did the board changes at FLEETCOR Technologies become effective?

The board changes at FLEETCOR Technologies became effective immediately upon announcement.