In this episode, Brennan Robison, Director of Corporate Communications at Corpay, interviews Tom Panther, Corpay’s Chief Financial Officer, reflecting on the company's transformative year in 2024 and its plans for 2025. Key topics discussed include:Rebranding to Corpay: The transition from FLEETCOR to Corpay highlights the company's evolution beyond vehicle-related payment solutions, emphasizing its comprehensive offerings for non-payroll-related expenses. The rebrand has been well-received by employees, investors, and customers, enhancing corporate identity while retaining strong niche brands like Fuelman and All-Star.Simplification of Business Divisions: Corpay streamlined its business into three segments—corporate payments, vehicle payments, and lodging payments—making its operations and offerings easier to communicate and understand.Capital Allocation: Corpay allocated capital strategically in 2024, including $900 million in stock buybacks and $1.2 billion on acquisitions like Paymerang and GPS to bolster its corporate payment capabilities, now projected to represent 40% of the business by 2025.Performance and Growth: The company achieved record revenues, a $100+ rise in stock price, and was named a Great Place to Work and one of Time’s World's Best Companies in 2024, underscoring its strong financial model and commitment to culture.Focus for 2025: The company's key strength lies in execution. With a clear strategy, product clarity, and momentum from 2024, Corpay aims to capitalize on its investments and drive further growth in 2025.The episode concludes with Panther expressing confidence in Corpay’s ability to continue delivering value through operational excellence.

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