San Mateo, California - May 8, 2007 –
Commercial Fueling Network (CFN)
announced today the appointment
of Eric Lind as its new President, signaling a drive to enhance client satisfaction
and reinforce the spirit of its longtime participant group.
“From my perspective," said Lind, "I plan to re-connect with our participants, get
clear on their needs, and then get to work on delivering for them.”
“We are very pleased to welcome Eric Lind to CFN,” said Ron Clarke, Chairman and CEO of CFN parent company, FleetCor. ”Eric brings a unique blend of experience.
He knows the industry. He knows CFN. And he knows how to manage relationship-intensive
businesses.”
For the past five years, Lind served as President of Pettit Oil, a regional leader
in the Northwest U.S. in cardlock fueling, lubricants, and the transportation and
distribution of branded and unbranded fuels. His industry pedigree also includes
17 years with Pacific Northern Oil, working his way up through positions of increasing
responsibility to Co-President of the company.
Lind will take over from Bob Phillips, who has served as President of CFN since
March 2004. Phillips helped lead CFN’s growth over the past 3 years and managed
the company through technological and service improvements, and the introduction
of a new multi-network product, the FleetWide card, accepted at 33,000 commercial
fueling locations across North America. Phillips will work closely with Lind to
ensure a smooth transition over the coming months.
About CFN
CFN (Commercial Fueling Network), established in 1988, offers fuel card processing
solutions to petroleum marketers and their fleet customers. A subsidiary company
of FleetCor, CFN is comprised of 350 independent petroleum marketers (members),
with a network of over 3,000 commercial fueling locations across North America.
For more information: http://www.cfnnet.com.
About Fleetcor
FleetCor, (www.Fleetcor.com), the Global Fleet Card
Company, was established in 2000 in Atlanta, Georgia. FleetCor is privately
owned by a group of institutional private equity investors, including Bain
Capital, Summit Partners, and Advent International. FleetCor is the worldwide
leader in fuel card processing serving over 500,000 business Fleets and
approximately 3 million cardholders in the US, Canada, and Europe. FleetCor’s
card programs are marketed under a variety of brand names including:
CCS, CFN, Keyfuels, FleetNet, FleetSource, FleetWide, Fuelman and Mannatec.
FleetCor and its subsidiaries employ over 700 associates located in 20 offices.
For further information:
Richelle Gillett, DDB Public Relations
+1-416-972-7787
richelle.gillett@can.ddbpr.com
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