Corpay Cross-Border Appoints Andrew Shortreid as new SVP Global Institutional Sales
12 Dezember 2023 - 2:30PM
Business Wire
Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in
business payments, is pleased to announce that Corpay’s
Cross-Border business has appointed investment management industry
veteran Andrew Shortreid, CFA as their new SVP Global Institutional
Sales. In this newly created role, Andrew will be responsible for
leading a team of highly skilled Sales professionals focused on
advancing the company’s Cross-Border solutions sales efforts to
institutional customers in the asset management and private equity
sectors, along with financial services firms.
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Andrew Shortreid, SVP Global
Institutional Sales at Corpay Cross-Border (Photo: Business
Wire)
With over 20 years’ experience across a range of capital market
verticals, Andrew is a dynamic, well-regarded and experienced
investment management professional. Over the course of his career,
Andrew has founded and grown two successful businesses with private
equity partners in the asset management space, was the lead
Portfolio Manager on a top ranked multi-strategy hedge fund, and
most recently was the CFO of one of North America's largest
litigation finance funds. Andrew’s unique mix of entrepreneurial,
institutional and sales leadership experience, along with
background in currency risk management make him well suited to lead
the company’s Global Institutional Sales team.
“Corpay has made tremendous progress in recent years building
out our institutional client solutions and capabilities and we view
Andrew as the perfect candidate to spearhead the expansion of the
group dedicated to servicing this client segment,” said Mark Frey,
Group President, Corpay Cross-Border. “Andrew’s blend of experience
across the sector and vision for the future of the business
uniquely positions Corpay within this highly attractive market
segment and puts us in a strong position to build upon our current
momentum and accelerate growth by bringing the voice of the
institutional customer to the forefront of our Executive Team.”
“I couldn’t be more excited to join the exceptionally talented
and successful team of commercial leaders at Corpay Cross Border
and begin working with my new colleagues across the globe to
deliver on this critical growth mandate for the business,” said
Andrew Shortreid, SVP Global Institutional Sales, Corpay
Cross-Border. “Having spent my entire career as a professional
investor and entrepreneurial business builder across both public
and private sectors, this newly created role is perfectly aligned
to my strengths and will build on my experience as Managing
Partner, CIO and CFO of several leading asset managers. We plan on
aggressively building this group into a global powerhouse and
becoming the trusted provider of FX risk management solutions to
the world's top funds, asset managers, family offices, financial
institutions and their service providers.”
About Corpay Corpay is a global leader in business
payments, helping companies of all sizes better track, manage and
pay their expenses. Corpay provides customers with a comprehensive
suite of online payment solutions including Bill Payment, AP
Automation, Cross-Border Payments, Currency Risk Management, and
Commercial Card Programs. Corpay is part of the FLEETCOR (NYSE:
FLT) portfolio of brands. To learn more visit www.corpay.com.
1“Corpay” (a Fleetcor (NYSE: FLT) brand) in this document
primarily refers to the Cross-Border Division of Corpay
https://www.corpay.com/cross-border; a full listing of the
companies that are part of the Corpay brand is available here:
https://www.corpay.com/compliance.
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version on businesswire.com: https://www.businesswire.com/news/home/20231212448969/en/
Corpay: Brad Loder VP, Cross-Border Marketing +1 (647)
627-6635 brad.loder@corpay.com
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