FLEETCOR Announces New Executive Appointment to its North America Fuel Business

PEACHTREE CORNERS, Ga.--()--FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, announced today the appointment of David Krantz as Group President, North America Fuel Businesses.

“I look forward to working with FLEETCOR’s industry leading management team and helping drive organic growth for our fuel businesses through the addition of new customers as well as capturing more spend from our existing customers.”

Mr. Krantz will lead all of FLEETCOR’s North America Fuel businesses including: North America Local Fuel business, which services fleets with in-town travel needs; North America Trucking business, which serves the nation’s over-the-road trucking carriers with the Comdata branded fuel cards; and the North America Partner business, which serves oil partners and petroleum marketers.

“We’re delighted to welcome David to FLEETCOR,” said Ron Clarke, Chairman and CEO of FLEETCOR. “His significant experience in marketing and strategy as well as his proven leadership abilities will make him a great addition to our North America Fuel Businesses.”

Krantz was most recently CEO of YP Holdings, a marketing solutions provider. At YP Holdings, he was responsible for leading the company’s strategy and operations. Prior to YP Holdings, David had a nine-year career with AT&T including CEO of AT&T Interactive. He has held high level roles in product, marketing and strategy with AT&T, GoDigital Networks, America Online and Netscape. He holds a BS in Finance and Management from University of Virginia and an MBA from Harvard University.

“I’m thrilled to be joining a company with such a strong reputation for growth and innovation in commercial payments,” said Krantz. “I look forward to working with FLEETCOR’s industry leading management team and helping drive organic growth for our fuel businesses through the addition of new customers as well as capturing more spend from our existing customers.”

About FLEETCOR

FLEETCOR Technologies (NYSE: FLT) is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and other general payables. With its proprietary payment acceptance networks, FLEETCOR provides affiliated merchants with incremental sales and loyalty. FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Australasia. For more information, please visit www.FLEETCOR.com.

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