Corpay (CPAY) announced the appointment of Mike Jeffrey, a former Paychex (PAYX) senior sales executive, to the newly established role of USA chief revenue officer, or CRO. This new CRO role, reporting to the CEO, will be responsible for new bookings in Corpay’s core U.S. market, including the Fleet, Payables, and Workforce Lodging businesses. The CRO will also direct Corpay’s cross-sell initiatives. A significant proportion of Corpay’s customers already purchase products from multiple Corpay divisions. This new role is designed to create a more unified, single view of the customer across all Corpay segments and capture further cross-sell opportunities where significant white space exists.
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