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Corpay Executive Compensation (FY25)

FLT · Executive and director compensation, fiscal 2023 to 2025

The Corpay brief, $1,500

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Data as of September 20, 2026Latest filing (8-K): May 12, 2026
11 filings cited on this page
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Published by Velarion Company Intelligence
Corpay brief$1,500Get the executive brief
324 figures on this page: 314 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Ronald Clarke
Median of the other named officers
$5,639,172
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 7, 2026
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Ronald Clarke: $28,050,998 → $3,406,867 (87.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Corpay's chief executive and what were they paid?
Total compensation for Ronald Clarke, Chief Executive Officer and Chair of the Board of Directors, came to $3,406,867 in fiscal 2025. Clarke's total moved 87.9% lower from the $28,050,998 reported for fiscal 2024.
What was Corpay's say-on-pay result?
Shareholders recorded 55.7% support for the say-on-pay proposal at the meeting held May 7, 2026 for fiscal 2025.
Which companies are in Corpay's peer group?
The disclosed peer group includes Automatic Data Processing, Inc., Broadridge Financial Solutions, Inc., Dayforce, Inc. (formerly Ceridian HCM Holding Inc.), Equifax Inc. and Euronet Worldwide, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan King
Group President, International Vehicle Payments
◇—◇◇——◇◇
Armando Netto
Group President, Brazil Vehicle Payments and Strategic Transformation
◇—◇◇——◇◇
Tom Panther
Former Chief Financial Officer
◇—◇◇——◇◇
Ronald Clarke
Chief Executive Officer and Chair of the Board of Directors
◇—◇———◇◇
Alissa Vickery
Chief Accounting Officer and Former Interim Chief Financial Officer
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ronald Clarke
Chief Executive Officer and Chair of the Board of Directors
◇—◇◇——◇◇
Armando Netto
Group President, Brazil Vehicle Payments and Strategic Transformation
◇—◇◇——◇◇
Tom Panther
Former Chief Financial Officer
◇—◇◇——◇◇
Alan King
Group President, International Vehicle Payments
◇—◇◇——◇◇
Alissa Vickery
Chief Accounting Officer and Former Interim Chief Financial Officer
◇—◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan King
Group President, International Vehicle Payments
◇—◇◇——◇◇
Peter Walker
Chief Financial Officer
◇—◇◇——◇◇
Armando Netto
Group President, Brazil Vehicle Payments and Strategic Transformation
◇—◇◇——◇◇
Ronald Clarke
Chief Executive Officer and Chair of the Board of Directors
◇—◇———◇◇
Alissa Vickery
Chief Accounting Officer and Former Interim Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Tom Panther
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alan KingOPTION◇——◇—◇◇
Alan KingOPTION◇——◇—◇◇
Alan KingPSU◇—◇—◇—◇
Alan KingPSU◇—◇—◇—◇
Alan KingOPTION◇————◇◇
Alan KingPSU◇—◇—◇—◇
Alan KingRSU◇——◇———
Alan KingPSU◇—◇—◇—◇
Alissa B. VickeryPSU◇—◇—◇—◇
Alissa B. VickeryRSU◇——◇——◇
Alissa B. VickeryPSU◇—◇—◇—◇
Armando L. NettoPSU◇—◇—◇—◇
Armando L. NettoPSU◇—◇—◇—◇
Armando L. NettoRSU◇——◇——◇
Armando L. NettoPSU◇—◇—◇—◇
Armando L. NettoPSU◇—◇—◇—◇
Armando L. NettoRSU◇——◇——◇
Armando L. NettoOPTION◇——◇—◇◇
Peter WalkerOPTION◇——◇—◇◇
Peter WalkerRSU◇——◇——◇
Peter WalkerPSU◇—◇—◇—◇
Peter WalkerOPTION◇——◇—◇◇
Peter WalkerRSU◇——◇——◇
Peter WalkerPSU◇—◇—◇—◇
Peter WalkerRSU◇——◇——◇
Peter WalkerPSU◇—◇—◇—◇
Ronald F. ClarkePSU◇—◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Alan KingOption◇—◇2/14/2035
Option◇—◇2/14/2034
Option◇—◇1/23/2033
Option◇—◇1/24/2032
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Armando NettoOption◇—◇2/14/2035
Option◇—◇2/14/2034
Option◇—◇1/23/2033
Option◇—◇1/24/2032
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Alissa VickeryOption◇—◇2/14/2034
Option◇—◇1/24/2032
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Peter WalkerOption◇—◇7/15/2035
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Ronald ClarkePSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Macchia
◇◇————◇
Joseph W. Farrelly
◇◇————◇
Hala G. Moddelmog
◇◇————◇
Annabelle Bexiga
◇◇————◇
Steven T. Stull
Lead independent director
◇—◇———◇
Jeffrey S. Sloan
—◇————◇
Rahul Gupta
—◇————◇
Archie L. Jones Jr
—◇————◇
Thomas M. Hagerty
——◇———◇
Ronald F. Clarke and David L. Bunch served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Equity is delivered as Rsus/Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Automatic Data Processing, Inc. ADP
  • Broadridge Financial Solutions, Inc. BR
  • Dayforce, Inc. (formerly Ceridian HCM Holding Inc.) DAY
  • Equifax Inc. EFX
  • Euronet Worldwide, Inc. EEFT
  • Fair Isaac Corporation FICO
  • Fidelity National Information Services, Inc. FIS
  • Fiserv, Inc. FI
  • Global Payments Inc. GPN
  • Intuit Inc. INTU
  • Jack Henry & Associates, Inc. JKHY
  • Mastercard Incorporated MA
  • Paychex, Inc. PAYX
  • Paycom Software, Inc. PAYC
  • SS&C Technologies Holdings, Inc. SSNC
  • Wex, Inc. WEX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 7, 2026=◇◇◇
2024June 11, 2025=◇◇◇
2023June 6, 2024=◇◇◇
2022June 9, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 10, 2021=◇◇◇
2019June 11, 2020=◇◇◇
2018June 12, 2019=◇◇◇
2017June 6, 2018=◇◇◇
2016June 21, 2017=◇◇◇
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What this page does not include

Everything above is a fact Corpay disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Corpay sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Corpay recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
324 figures on this page: 314 cited to the filing that reported them, 10 calculated from figures it prints.
314 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001175454-26-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001175454-26-000022
    2025 Director Compensation · 2025 Grants of Plan-Based Awards · 2025 Summary Compensation Table · Outstanding Equity Awards at 2025 Fiscal Year-End
  3. 0001175454-25-000007
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001628280-24-027820
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001628280-23-022245
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001628280-22-017144
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001175454-21-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001175454-20-000025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001175454-19-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001299933-18-000489
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001299933-17-000646
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Corpay executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FLT (accessed 2026).
Short form: data: Velarion

The Corpay brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Corpay discloses

The companies named in FLT's own disclosed peer group.

Automatic Data Processing, Inc.Broadridge Financial Solutions, Inc.Dayforce, Inc. (formerly Ceridian HCM Holding Inc.)Equifax Inc.Euronet Worldwide, Inc.Fair Isaac CorporationFidelity National Information Services, Inc.Global Payments Inc.Intuit Inc.Jack Henry & Associates, Inc.Mastercard IncorporatedPaychex, Inc.Paycom Software, Inc.SS&C Technologies Holdings, Inc.Wex, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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