Corpay, Inc. (NYSE: CPAY) has announced the appointment of David Bunch to its Board of Directors. Bunch currently serves as the Group Executive Vice President for Mobility & Convenience at Shell PLC, overseeing a network of over 40,000 convenience, B2B, and EV mobility sites, serving 30 million customers daily. With his extensive international leadership experience, Bunch brings valuable expertise in managing massive scale, platforming digital offers, and navigating international regulatory environments to the Corpay board.
Corpay, a global S&P 500 provider of commercial cards and AP modernization solutions, aims to simplify corporate spend management and enhance control over purchases while mitigating fraud. The company's solutions cater to businesses worldwide, aiding them in better managing their expenses and spending less.
As Corpay continues to expand its global payments footprint, the addition of David Bunch to its board is expected to provide an operating perspective and contribute to the company's ongoing growth. The market has reacted to these announcements by moving the company's shares -3.06% to a price of $320.66. For more information, read the company's full 8-K submission here.
