FLEETCOR UK adds to executive ranks

Commercial payments solution provider FLEETCOR UK has added two members to its senior management team.

Thore Vestergaard is now SVP and MD, commercial cards, Europe. Most recently with Mastercard, Mr. Vestergaard held senior positions in London and Asia with Visa.

Thore Vestergaard

“FLEETCOR UK has a heritage of delivering market-leading payment and technology solutions that add real value to our customers’ businesses, providing them with cost savings, enhanced controls and greater spend insights,” Mr. Vestergaard said.

“As the payments and economic landscape evolve, FLEETCOR UK is ideally positioned to capture additional growth opportunities through further product diversification and the launch of innovative electronic payments solutions for businesses of all sizes.”

Alistair Mitchell becomes VP, core products. He joins from Lloyds, where he was head of products for seven years. He also worked for MasterCard, NatWest Bank and Ulster Bank, both in the UK and across international markets. Mr. Mitchell will focus on improving fuel card products.

“FLEETCOR UK is a dynamic and progressive next generation payments company that continues to expand and drive change in the payments sector,” Mr.Mitchell said. “This new role presents new and exciting opportunities to increase the range of products that can be offered to customers to simplify their business and increase efficiency.”

“We’re delighted to welcome Allister and Thore to FLEETCOR UK,” FLEETCOR group president for UK and Australia said. “Their extensive experience in leading the growth and development of B2B payment solutions across the UK and international markets will help us drive continued leadership; not only in fuel cards but across other corporate payments categories, allowing us to better serve SMEs and large companies alike.”