Business Services Industry

Comdata® Appoints Andrew S. Park to Executive Vice President, Information Technology and Emerging Products

Business Wire, March 11, 2008

BRENTWOOD, Tenn. -- Comdata([R]) Corporation, a leader in payment innovation, has named Andrew S. Park executive vice president, information technology and emerging products. Park is responsible for Comdata's technology operations, product development and strategic transactions, including acquisitions, investments and divestitures. He is also charged with managing Comdata's priority growth initiatives and is the executive leader of Comdata Regulatory Compliance Solutions, the leading provider of compliance services to clients in the transportation industry.

"Since joining Comdata in 2003, Andrew has led the successful development and launch of new electronic payment products and delivered key enhancements to core systems and product platforms," said Brett Rodewald, president of Comdata. "Andrew has been instrumental in executing and integrating acquisitions that have expanded Comdata's presence in strategically important market segments."

Prior to Comdata, Park was vice president in investment banking with Morgan Stanley in New York, where he was responsible for origination and execution of M&A and financing transactions within the IT and business services sector. Before joining Morgan Stanley, he was an M&A banker with Credit Suisse First Boston. Park began his investment banking career with Lehman Brothers in 1990.

Park holds a Bachelor of Arts in economics from Wesleyan University and a Masters of Business Administration from Harvard Business School. He was awarded a Fulbright Scholarship by the US Department of State.

About Comdata Corporation

Comdata([R]) Corporation is redefining the movement of money and information through innovative payment solutions. Comdata provides custom solutions for a wide range of industries such as transportation, retail, government services, aviation, construction, service businesses, restaurants and hospitality. Innovative electronic payment solutions range from credit and debit cards, fleet, fuel, payroll, purchasing and T&E. Comdata's platforms support both its proprietary and branded card networks. Headquartered in Brentwood, Tennessee, Comdata employs more than 1,100 people. www.comdata.com

About Ceridian

Ceridian Corp. is a business services company that helps its customers maximize the power of their people, lower their costs and focus on what they do best. The company's suite of innovative managed human resource solutions includes payroll and compensation, employee benefits administration, staffing, compliance, HR administration and Employee Assistance Programs (EAP), work-life and health and productivity solutions. Ceridian serves businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit www.ceridian.com or call (800) 729-7655. Through its Comdata and Stored Value Solutions (SVS) subsidiaries, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States. www.ceridian.com

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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