Jim Travers set to make nearly €16m from Fleetmatics sale
Travers has been chief executive and chairman of the company since 2006
The all-cash sale of Fleetmatics, a global powerhouse in fleet management that was founded in the Dublin suburb of Templeogue in 2004, was announced by Verizon’s telematics division last week.
Travers, 65, has been chief executive and chairman of the company since 2006, and holds 0.73 per cent of the Fleetmatics Group. He was due to step down at the end of this year.
Fleetmatics said last May that Travers would remain as chairman, but it is...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.
