Fleet Management

indie Semiconductor Announces New Employee Inducement Grants

Retrieved on: 
Friday, March 8, 2024

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie.

Key Points: 
  • indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie.
  • The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor.
  • Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

Getaround Announces Inducement Awards to New CEO, Eduardo Iniguez, in Accordance with NYSE Rule 303A.08

Retrieved on: 
Friday, March 8, 2024

The amendment of such conversion price to $0.25 per share is required pursuant to the terms of the previously-disclosed super priority promissory note between the Company and Mudrick Capital Management L.P.

Key Points: 
  • The amendment of such conversion price to $0.25 per share is required pursuant to the terms of the previously-disclosed super priority promissory note between the Company and Mudrick Capital Management L.P.
  • The inducement awards were granted to Mr. Iniguez pursuant to the terms of his employment offer letter, which was disclosed by Getaround on a Form 8-K filed with the SEC on February 28, 2024.
  • The Board of Directors of Getaround unanimously approved these employment inducement awards in reliance on the employment inducement exception to shareholder approval provided under Section 303A.08 of the NYSE Listed Company Manual.
  • To comply with the terms of this exemption, these employment inducement awards require public announcement of the awards and written notice to the NYSE.

Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award

Retrieved on: 
Friday, March 8, 2024

RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive.

Key Points: 
  • RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive.
  • The annual award recognizes top supply chain professionals who serve as an example for other leaders.
  • "Many of today's supply chain pros are more than just leaders within their space; they're innovators, decision makers, pioneers of change and growth.
  • They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.

VSE Corporation Declares Quarterly Cash Dividend

Retrieved on: 
Friday, March 8, 2024

VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock.

Key Points: 
  • VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock.
  • The dividend is payable on May 16, 2024, to stockholders of record at the close of business on May 2, 2024.

FLEETCOR Announces Rebranding to Corpay

Retrieved on: 
Thursday, March 7, 2024

FLEETCOR Technologies, Inc. (NYSE: FLT) (“the Company”) a leading global payments company, announced today its plans to rebrand the Company to Corpay.

Key Points: 
  • FLEETCOR Technologies, Inc. (NYSE: FLT) (“the Company”) a leading global payments company, announced today its plans to rebrand the Company to Corpay.
  • The name change better reflects the Company’s current portfolio of corporate payment solutions.
  • “The Corpay name better represents what we do now, which is provide corporate payment solutions.
  • We will use Corpay as the go-to-market brand for our Corporate Payments segment, and retain our existing popular go-to-market brands in our Vehicle Payments and Lodging Payments segments,” said Ron Clarke, Chairman and Chief Executive Officer of FLEETCOR.

Wing Fuel Systems Announces EPA Certification For CNG GM 2.7L Adding to Industry Leading Certification Portfolio

Retrieved on: 
Thursday, March 7, 2024

Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.

Key Points: 
  • Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.
  • The new EPA-certified dual fuel solution enables fleets to immediately order CNG/RNG systems on the popular and affordable pickups for the 2023 and 2024 model years.
  • “A CNG pickup under $48,850,” said Shan Zaidi, CEO of Wing Fuel Systems.
  • Additionally, Wing can upfit existing fleet vehicles or vehicles purchased directly by customers with a CNG system.

Samsara Earns Great Place to Work Poland Certification™

Retrieved on: 
Thursday, March 7, 2024

Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, has been recognised as a Great Place To Work® in Poland, by the global authority on workplace culture, helping organisations create exceptional, high-performing workplaces where employees feel trusted and valued.

Key Points: 
  • Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, has been recognised as a Great Place To Work® in Poland, by the global authority on workplace culture, helping organisations create exceptional, high-performing workplaces where employees feel trusted and valued.
  • "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work.
  • “By successfully earning this recognition, it is evident that Samsara stands out as one of the top companies to work for, providing a great workplace environment for its employees."
  • According to Great Place To Work research , job seekers are 4.5 times more likely to find a great boss at a Certified great workplace.

CARiD.com Secures $35 Million in Funding, Marking a Major Milestone for the Business

Retrieved on: 
Thursday, March 7, 2024

This significant financial milestone is a testament to the Company's resilience, innovation, and the successful execution of its strategic turnaround plan.

Key Points: 
  • This significant financial milestone is a testament to the Company's resilience, innovation, and the successful execution of its strategic turnaround plan.
  • Founded in 2008, CARiD has grown from a startup into one of the most comprehensive and user-friendly platforms for automotive parts and accessories.
  • Earlier this year Fifth Star, Inc. acquired a majority stake in CARiD with its $35 million investment.
  • This investment marks a significant vote of confidence in CARiD’s business model, growth strategy, and its commitment to serving the automotive community.

Christian Bouzaid Joins Europcar Mobility Group as Chief Revenue and Marketing Officer

Retrieved on: 
Thursday, March 7, 2024

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Key Points: 
  • Europcar Mobility Group welcomes Christian Bouzaid as Chief Revenue and Marketing Officer, member of the Group Executive Committee, effective 4 March 2024.
  • Christian Bouzaid has more than 20 years of experience in marketing, revenue management and commercial strategy in the travel and leisure industry.
  • Prior to joining Europcar Mobility Group, he was VP Revenue Planning and Optimization at Walt Disney World in the USA since 2019.
  • Christian Bouzaid brings a wealth of experience to Europcar Mobility Group in areas which are instrumental to its profitable growth.

Mister Car Wash, Inc. Announces Participation in the UBS Global Consumer and Retail Conference

Retrieved on: 
Wednesday, March 6, 2024

Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest car wash brand, today announced that the Company is scheduled to participate in a fireside chat discussion at the UBS Global Consumer and Retail Conference on Wednesday, March 13, 2024, at 10:00 am Eastern Time.

Key Points: 
  • Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest car wash brand, today announced that the Company is scheduled to participate in a fireside chat discussion at the UBS Global Consumer and Retail Conference on Wednesday, March 13, 2024, at 10:00 am Eastern Time.
  • The fireside chat will be webcast live over the internet and can be accessed on the Company’s Investor Relations website, ir.mistercarwash.com .
  • An online archive will be available on that site following the event.