Corpay Management

Management criteria checks 4/4

Corpay's CEO is Ron Clarke, appointed in Aug 2000, has a tenure of 24.25 years. total yearly compensation is $2.67M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 3.17% of the company’s shares, worth €806.34M. The average tenure of the management team and the board of directors is 6.3 years and 10 years respectively.

Key information

Ron Clarke

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	45.0%
CEO tenure	24.3yrs
CEO ownership	3.2%
Management average tenure	6.3yrs
Board average tenure	10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ron Clarke's remuneration changed compared to Corpay's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$1b
Jun 30 2024	n/a	n/a	US$1b
Mar 31 2024	n/a	n/a	US$997m
Dec 31 2023	US$3m	US$1m	US$982m
Sep 30 2023	n/a	n/a	US$951m
Jun 30 2023	n/a	n/a	US$929m
Mar 31 2023	n/a	n/a	US$951m
Dec 31 2022	US$4m	US$1m	US$954m
Sep 30 2022	n/a	n/a	US$954m
Jun 30 2022	n/a	n/a	US$939m
Mar 31 2022	n/a	n/a	US$873m
Dec 31 2021	US$58m	US$1m	US$839m
Sep 30 2021	n/a	n/a	US$824m
Jun 30 2021	n/a	n/a	US$779m
Mar 31 2021	n/a	n/a	US$741m
Dec 31 2020	US$1m	US$692k	US$704m
Sep 30 2020	n/a	n/a	US$730m
Jun 30 2020	n/a	n/a	US$767m
Mar 31 2020	n/a	n/a	US$870m
Dec 31 2019	US$12m	US$1m	US$895m
Sep 30 2019	n/a	n/a	US$962m
Jun 30 2019	n/a	n/a	US$893m
Mar 31 2019	n/a	n/a	US$809m
Dec 31 2018	US$8m	US$1m	US$811m
Sep 30 2018	n/a	n/a	US$792m
Jun 30 2018	n/a	n/a	US$837m
Mar 31 2018	n/a	n/a	US$791m
Dec 31 2017	US$53m	US$1m	US$740m

Compensation vs Market: Ron's total compensation ($USD2.67M) is below average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.

CEO

Ron Clarke (68 yo)

24.3yrs

Tenure

US$2,669,024

Compensation

Mr. Ronald F. Clarke, also known as Ron, has been the Chairman of Corpay, Inc. (formerly known as FLEETCOR Technologies, Inc.) since March 2003 and its Chief Executive Officer and President since August 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ronald Clarke	Chairman	24.3yrs	US$2.67m	3.17% € 806.3m
Thomas Panther	Chief Financial Officer	1.5yrs	US$2.99m	0.0071% € 1.8m
Alissa Vickery	Chief Accounting Officer	4.2yrs	US$724.10k	0.0026% € 656.1k
Armando Netto	Group President of Vehicle Payments in Brazil and North America	10.4yrs	US$4.36m	0.040% € 10.3m
Alan King	Group President of Vehicle Payments in Europe and Australasia	8.3yrs	US$4.36m	0.027% € 7.0m
Scott Dufour	Chief Information Officer	5.8yrs	no data	no data
James Eglseder	Head of Investor Relations	6.8yrs	no data	no data
Daniel Fishbein	General Counsel	no data	no data	no data
Steve Greene	Executive Vice President of Corporate Development & Strategy	4.9yrs	no data	no data
Dan Csont	Chief Marketing Officer	4.2yrs	no data	no data
Crystal Williams	Chief Human Resources Officer	7.8yrs	no data	no data
H. Smith	Executive Vice President of Strategic Partnerships	no data	no data	no data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: 07G0's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ronald Clarke	Chairman	24.8yrs	US$2.67m	3.17% € 806.3m
Steven Stull	Lead Independent Director	24.1yrs	US$375.01k	0.039% € 10.0m
Archie Jones	Independent Director	4yrs	US$300.01k	0.0053% € 1.3m
Thomas Hagerty	Independent Director	10yrs	US$375.01k	0.014% € 3.5m
Richard Macchia	Independent Director	14.3yrs	US$375.01k	0.021% € 5.5m
Hala Moddelmog	Independent Director	7.6yrs	US$375.01k	0.011% € 2.7m
Rahul Gupta	Independent Director	1.7yrs	US$450.02k	0.0036% € 923.1k
Gerald Throop	Independent Director	1.3yrs	US$350.01k	0.00097% € 246.7k
Annabelle Bexiga	Independent Director	1.8yrs	US$500.02k	0.0044% € 1.1m
Jeffrey Sloan	Independent Director	11.3yrs	US$300.01k	0.022% € 5.6m
Joseph Farrelly	Independent Director	10.6yrs	US$375.01k	0.015% € 3.8m

10.0yrs

Average Tenure

65yo

Average Age

Experienced Board: 07G0's board of directors are seasoned and experienced ( 10 years average tenure).

Corpay Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Director recently sold €1.1m worth of stock

Corpay, Inc. Appoints Mike Jeffrey as USA Chief Revenue Officer

Insider recently sold €4.4m worth of stock

Independent Director recently sold €903k worth of stock

Corpay, Inc., Annual General Meeting, Jun 06, 2024

Corpay's Cross-Border Appoints Oliver Morris as New Head of Institutional Fund Services, EMEA

Recent updates

Independent Director recently sold €1.1m worth of stock

Third quarter 2024 earnings released: EPS: US$3.98 (vs US$3.71 in 3Q 2023)

Corpay, Inc. Updates Financial Guidance for the Full Year 2024

Corpay, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Corpay, Inc. Appoints Mike Jeffrey as USA Chief Revenue Officer

Insider recently sold €4.4m worth of stock

Independent Director recently sold €903k worth of stock

Second quarter 2024 earnings released: EPS: US$3.59 (vs US$3.24 in 2Q 2023)

Corpay, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Corpay, Inc.(NYSE:CPAY) dropped from Russell 3000E Value Index

Corpay, Inc. (NYSE:CPAY) signed a definitive agreement to acquire GPS Capital Markets, Inc. for approximately $730 million.

Corpay, Inc. (NYSE:CPAY) signed a definitive agreement to acquire GPS Capital Markets, Inc.

Corpay Expands Business Card Solutions with New Corpay World Elite Business Mastercard

Corpay, Inc. Provides Earnings Guidance for the Second Quarter 2024 and Revises Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$3,202 (vs US$2.92 in 1Q 2023)

Corpay, Inc. (NYSE:CPAY) signed a definitive agreement to acquire Paymerang, LLC.

Corpay, Inc., Annual General Meeting, Jun 06, 2024

Corpay, Inc. to Report Q1, 2024 Results on May 08, 2024

Corpay's Cross-Border Appoints Oliver Morris as New Head of Institutional Fund Services, EMEA

Full year 2023 earnings released: EPS: US$13.42 (vs US$12.62 in FY 2022)

Full year 2023 earnings released: EPS: US$13.42 (vs US$12.62 in FY 2022)

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full Year 2024

FLEETCOR Technologies, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Fleetcor Technologies, Inc. Provides Earnings Outlook for Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$3.71 (vs US$3.34 in 3Q 2022)

FLEETCOR Technologies, Inc. (NYSE:FLT) acquired PayByPhone Technologies Inc. from Volkswagen Financial Services Aktiengesellschaft.

FLEETCOR Technologies, Inc. to Report Q3, 2023 Results on Nov 08, 2023

An unknown local investment group acquired russian business of FLEETCOR Technologies.

Second quarter 2023 earnings released: EPS: US$3.24 (vs US$3.42 in 2Q 2022)

FLEETCOR Technologies, Inc. Provides Revenue Guidance for the Third Quarter and Fiscal Year 2023

FLEETCOR Technologies, Inc. Announces Board Changes

FLEETCOR Technologies, Inc. to Report Q2, 2023 Results on Aug 08, 2023

FLEETCOR Technologies, Inc. Closes Out Chapter in FTC Case

FLEETCOR Technologies Reportedly to Explore Sale of its Prepaid Card Business

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2023

First quarter 2023 earnings released: EPS: US$2.92 (vs US$2.80 in 1Q 2022)

Full year 2022 earnings released: EPS: US$12.62 (vs US$10.23 in FY 2021)

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the Full Year 2023

FLEETCOR Technologies, Inc. (NYSE:FLT) acquired Mina Digital Limited.

FLEETCOR Technologies, Inc. Announces Board Changes

FLEETCOR Technologies, Inc. to Report Q4, 2022 Results on Feb 08, 2023

FLEETCOR Technologies, Inc. (NYSE:FLT) completed the acquisition of Global Reach Group Limited.

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$3.34 (vs US$2.86 in 3Q 2021)

FLEETCOR Technologies, Inc. Revises Earnings Guidance for the Year 2022

FLEETCOR Technologies, Inc. to Report Q3, 2022 Results on Nov 02, 2022

FLEETCOR Technologies, Inc. (NYSE:FLT) signed a definitive agreement to acquire Roomex Ltd.

FLEETCOR Technologies, Inc. Announces Chief Financial Officer Changes

Insider recently sold €304k worth of stock

FLEETCOR Technologies, Inc. (NYSE:FLT) acquired PlugSurfing GmbH from Fortum Charge & Drive AS.

Insufficient new directors

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the Third Quarter and Updates Earnings Guidance for the Full Year 2022

FLEETCOR Technologies, Inc. to Report Q2, 2022 Results on Aug 03, 2022

FLEETCOR Technologies, Inc. (NYSE:FLT) signed a definitive agreement to acquire the Global Reach Group Ltd.

FLEETCOR Technologies, Inc. Announces Management Changes

FLEETCOR Technologies, Inc. Announces Restructuring of Divisions

First quarter 2022 earnings released: EPS: US$2.80 (vs US$2.21 in 1Q 2021)

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022

FLEETCOR Technologies, Inc., Annual General Meeting, Jun 09, 2022

Insufficient new directors

FLEETCOR Technologies, Inc. to Report Q1, 2022 Results on May 05, 2022

FLEETCOR Technologies, Inc. Announces Executive Changes

FLEETCOR Technologies, Inc. Updates Earnings Guidance for the Fiscal Year 2022

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Third quarter 2021 earnings released: EPS US$2.86 (vs US$2.26 in 3Q 2020)

FLEETCOR Technologies, Inc. Provides Earnings Guidance for the Fiscal Year 2021

Second quarter 2021 earnings released: EPS US$2.36 (vs US$1.89 in 2Q 2020)