8-KLeadership ChangesExhibits & Filings

CORPAY, INC. 8-K Report, Executive Changes (Jan 22, 2026)

Filed January 22, 2026For Securities:CPAY

Summary

Corpay, Inc. (CPAY) announced a significant addition to its Board of Directors with the immediate appointment of David Bunch, effective January 22, 2026. Mr. Bunch brings a wealth of international executive experience, most notably his current role as Group Executive Vice President for Mobility & Convenience at Shell PLC, where he oversees a vast global network. His appointment is expected to enhance the Board's strategic oversight, particularly given his extensive background in leading large-scale operations and his diverse leadership roles across multiple continents. Investors should note that Mr. Bunch is considered an independent director under NYSE listing standards and Corpay's corporate governance guidelines. His compensation will be in line with the Company's standard non-employee director package. The filing also confirms no related-party transactions or arrangements requiring specific disclosure, providing clarity on the nature of his appointment. The addition of Mr. Bunch's expertise could be instrumental in guiding Corpay's future growth and strategic initiatives.

Key Highlights

  • 1Corpay, Inc. appointed David Bunch to its Board of Directors, effective January 22, 2026.
  • 2Mr. Bunch currently serves as Group Executive Vice President for Mobility & Convenience at Shell PLC.
  • 3His role at Shell involves leadership of a large global network of over 40,000 sites serving 30 million customers daily.
  • 4Mr. Bunch possesses extensive international leadership experience across North America, Asia, and Europe.
  • 5The Board has determined that Mr. Bunch meets the criteria for an independent director.
  • 6He will receive Corpay's standard compensation package for non-employee directors.
  • 7No related-party transactions or arrangements requiring specific disclosure are noted in connection with his appointment.

Frequently Asked Questions

David Bunch's appointment brings extensive international executive experience, particularly in leading large-scale, global operations within the mobility and convenience sector through his role at Shell PLC. This expertise is expected to strengthen Corpay's strategic oversight and governance.

Yes, the Board of Directors has affirmatively determined that Mr. Bunch qualifies as an independent director according to the listing standards of the New York Stock Exchange and Corpay's corporate governance guidelines.

No, Mr. Bunch will receive Corpay's customary non-employee director compensation package, commencing on January 22, 2026. There are no indications of special arrangements in this filing.

The filing explicitly states that Mr. Bunch was not appointed pursuant to any such arrangements, and there are no actual or proposed transactions between him or his immediate family members and Corpay that require disclosure under Item 404(a) of Regulation S-K.