FLEETCOR Announces Appointment of Veteran Leader to Group Operating Role

| August 8, 2019

Company Announces Appointment of John Coughlin to Group President of Corporate Payments

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, announced that John Coughlin, the Company’s Executive Vice President of Global Corporate Development, has been named group President of Corporate Payments.

 “We want to congratulate John on his appointment. John had significant involvement in the Comdata, Nvoicepay, Sole, and Cambridge acquisitions- so he knows our corporate payments line of business quite well,” said Ron Clarke chairman and chief executive officer, FLEETCOR Technologies, Inc. “In addition, we have four outstanding line of business heads managing our core Comdata Corporate Payments, Payroll Card, Nvoicepay and Cambridge businesses, who will report into John.”

Mr. Coughlin joined FLEETCOR in 2010, and has been the Executive Vice President of Global Corporate Development since his hiring. He has led 37 FLEETCOR acquisitions, as well as spearheaded the integration and growth plans. Prior to joining FLEETCOR, John held senior roles in private equity, operations, and strategy consulting as managing director at PCG Capital Partners, chief executive officer of NCDR/Benevis, and senior partner at The Parthenon Group.

Kurt Adams, the former group President of Corporate Payments has accepted an opportunity outside the Financial Technology industry. “I have truly enjoyed my time at FLEETCOR and am extremely proud of what we have accomplished over the last four years,” said Adams. “I have an opportunity outside the FinTech industry that is attractive from both a career and family standpoint. I wish my fellow FLEETCOR colleagues all the best as they continue to grow the corporate payments businesses.”

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