ATLANTA -- FleetCor has appointed former JPMorgan Chase executive Mike Noles to the newly created position of president of the Fuelman card-issuing business. FleetCor is also promoting Bill Schmit, its current private-label senior vice president, to president of the private-label major oil business.
Prior to joining FleetCor, Noles was focused on building and managing small-business card portfolios at Chase Card Services, Bank One and Advanta. A seasoned veteran of the credit card industry, he has also held key positions at Citicorp and CoreStates.
Schmit, a key member of FleetCor's management team, developed its private-label business, which, under his leadership, has now become the fastest growing division within FleetCor, the company said. Schmit's new role will allow him to expand this business even further.
FleetCor, headquartered in Atlanta, is a provider of commercial fleet card issuing and processing services in North America. Its card programs are marketed throughout the U.S. and Canada under a variety of private-label and proprietary brand names, including Fuelman, FleetNet, CFN and Mannatec.
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