Since its founding in Edmond in 2005, GPS maker U.S. Fleet Tracking has grown into a $40-million enterprise that provides vehicle tracking services in more than 120 countries and to major sporting events, but the future of the company is clouded by the ongoing divorce of co-owners Cindy and Jerry Hunter.
While the Hunters have said publicly in the past that US Fleet Tracking President Cindy Hunter and CEO Jerry Hunter co-founded the company together in 2005, in court documents filed in the divorce case, Jerry Hunter claims that he founded the company before he and Cindy Hunter were married in 2006 and he is the sole owner of its valuable intellectual property.
“The trademark, software, and related property were developed before the marriage,” Jerry Hunter claims in court filings.
Although Cindy Hunter is still a part owner of US Fleet Tracking, her picture and biography has been taken off the company website since she filed for divorce from Jerry Hunter in July.
In an email, Cindy Hunter said that she and Jerry Hunter are working toward an agreement on the business that will be filed with the court soon.
“Going forward my position has been undetermined though I will still have a role in the business,” Cindy Hunter said in a email.
Cindy Hunter has claimed in court documents filed in their divorce case that Jerry Hunter has made numerous threats in the past to unplug all of U.S. Fleet Tracking’s computers and start a new company across the street in a scenario he called “the nuclear option.”
“Petitioner (Cindy Hunter) believes that respondent (Jerry Hunter) is fully capable of carrying out these threats and is vindictive enough to destroy everything even though it would damage him too,” Cindy Hunter claimed in court documents.
Although the Hunters reached a temporary settlement in August that called for Jerry Hunter to manage the Hunters’ businesses during the divorce, Cindy Hunter unsuccessfully asked an Oklahoma County District Court judge in October to place US Fleet Tracking under the control of a receiver during the course of the divorce proceedings.
The judge denied Cindy Hunter’s request and the divorce is set for trial in June.
In an email, Cindy Hunter said that she and Jerry Hunter have since been able to work together toward resolving their differences over the business.
“We always made great business partners and still do. When he and I sit down together without the attorneys we are able to come up with a solution that benefits all,” she said. “The business has always and still continues to thrive due to the hard work and dedication that Jerry and I put into it from the onset.”
U.S. Fleet Tracking has grown rapidly since its founding nine years ago.
The company has provided vehicle tracking services to numerous high-profile public events, including the 2010 Winter Olympics in Ontario, 2012 Summer Olympic Games in London, 2012 Republican National Convention, and seven Super Bowls.
In late 2011, the company moved into a new 18,000 square-foot headquarters at NW 156 and May Avenue after a ribbon-cutting ceremony attended by Gov. Mary Fallin and former Florida Gov. Jeb Bush. In 2012, Jerry Hunter purchased the private Sundance Airport at NW 122 and Sara Road and unveiled extensive renovation plans for the facility. The company also has become a high-profile sponsor of the Oklahoma City Thunder and University of Oklahoma athletics.
“The business is stronger today than it was a year ago,” said Sam Sims, US Fleet Tracking spokesman.
On Sunday, the company is set to manage GPS tracking for the 2014 Oklahoma City Memorial Marathon.
“US Fleet Tracking hopes that the privacy of the Hunters would be respected during this personal matter if for no other reason than the protection and privacy of their children,” the company said in a statement.