Every material Form 8-K Corpay filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Corpay said Chief Financial Officer Tom Panther will leave the company effective March 15, 2025, to become CFO of the National Christian Foundation. The filing says the resignation is not the result of any dispute with the company or its Board, and the company has launched an executive search for a successor. The company also said its fourth quarter 2024 organic revenue and earnings are expected to be in line with guidance given on November 7, 2024.
Tom Panther notified Corpay of his decision on November 29, 2024, to resign as CFO effective March 15, 2025.
Panther is joining the National Christian Foundation as its CFO.
The filing says the resignation is not due to any dispute or disagreement with the company or its Board, including operations, policies, accounting practices or financial reporting.
Corpay expects fourth quarter 2024 organic revenue and earnings to be in line with November 7, 2024 guidance.
Corpay reported third-quarter 2024 revenue of $1,029.2 million, up 6%, and diluted EPS of $3.90, up 7%, with adjusted diluted EPS of $5.00, up 11%. The company slightly lowered its full-year 2024 revenue guidance, citing fuel prices and foreign exchange rates, while maintaining its $19.00 cash EPS guide, and the board raised the share repurchase authorization by $1 billion.
Q3 2024 revenue of $1,029.2 million, up 6% from $970.9 million; first quarter above $1 billion, per the company
Q3 diluted EPS $3.90, up 7%; adjusted diluted EPS $5.00, up 11% from $4.49
2024 revenue guidance lowered to $3,980 million to $4,010 million (midpoint $3,995 million); cash EPS guide maintained at $19.00
Share repurchase authorization increased by $1 billion; $500 million Term Loan B upsizing completed September 26, 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Corpay filing is on SEC EDGAR ↗. 8-K briefs of other companies →