---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-004505"
form_type: "8-K"
ticker: "CPAY"
cik: "0001175454"
company_name: "CORPAY, INC."
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T02:47:33.247903+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FLEETCOR Group President John Coughlin departs; Frey and Fletcher promoted to lead Corporate Payments units

## Summary
- John Coughlin, Group President – Corporate Payments, leaves to pursue other opportunities; will stay as senior advisor.
- Mark Frey appointed Group President, Corpay Cross-Border; has led unit since 2017 Cambridge acquisition.
- Rick Fletcher appointed Group President, Corpay Payables; expands role to include AP outsourcing, plus multi-card and virtual card.
- Frey and Fletcher report directly to CEO Ron Clarke, who will oversee Corporate Payments during transition.

## SEC filing metadata
- accession: 0001628280-22-004505
- form_type: 8-K
- ticker: CPAY
- cik: 0001175454
- company_name: CORPAY, INC.
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175454/000162828022004505/0001628280-22-004505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175454/000162828022004505/flt-20220301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-004505
- JSON: https://secwatch.observer/filing/0001628280-22-004505.json
- Plain text: https://secwatch.observer/filing/0001628280-22-004505.txt

## Key facts
- Executive change
  John Coughlin departed as Group President – Corporate Payments at CORPAY, INC..
  - Action: departed
  - Role: Group President – Corporate Payments
  source text: On March 1, 2022, FLEETCOR Technologies, Inc. announced the departure of John Coughlin, Group President – Corporate Payments, who is leaving to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828022004505/0001628280-22-004505-index.htm
- Executive change
  Mark Frey was appointed as Group President, Corpay Cross-Border at CORPAY, INC..
  - Action: appointed
  - Role: Group President, Corpay Cross-Border
  source text: Mark Frey has been appointed Group President, Corpay Cross-Border.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828022004505/0001628280-22-004505-index.htm
- Executive change
  Rick Fletcher was appointed as Group President, Corpay Payables at CORPAY, INC..
  - Action: appointed
  - Role: Group President, Corpay Payables
  source text: Rick Fletcher has been appointed Group President, Corpay Payables.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828022004505/0001628280-22-004505-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.