Shred-It President and CEO Vince De Palma has been appointed to the Board of Directors of FleetMatics (NYSE: FLTX), a leading global provider of fleet management solutions for commercial fleet vehicles delivered as software-as-a-service (SaaS).
De Palma has been CEO of global information security company Shred-it since 2009. His experience managing a global company for which fleet and service worker optimization is an operational imperative makes him a natural fit for the Fleetmatics Board Director position.
Jim Travers, Fleetmatics CEO and Chairman of the Board, said of the new appointment, "Given that Shred-it delivers its service via a sizeable global fleet, and given Vince's experience in managing that fleet at peak operational efficiency over the past five years, there is no question that his domain expertise will be a value-add to our Board. Vince joins an already-strong team of like-minded, strategic business leaders who continue to drive Fleetmatics forward with incredible speed and success."
Prior to Shred-it, De Palma was President at Pitney Bowes Management Services and Executive Vice President, Pitney Bowes, Inc. from 2005-2009. Prior to that, De Palma was President of Benefit Services and Corporate Vice President, Automatic Data Processing, Inc. (ADP) from 1999-2005.
Fleetmatics Group (NYSE: FLTX) is a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS). Our solutions enable businesses to meet the challenges associated with managing local fleets and improve the productivity of their mobile workforces by extracting actionable business intelligence from real-time and historical vehicle and driver behavior data. Currently, we serve approximately 42,000 fleet management customers with approximately 826,000 subscribed vehicles worldwide.