PORTLAND, Maine, May 15, May 15 — WEX (NYSE: WEX) (“WEX” or the “Company”), a global leader in intelligent payment solutions, today announced that its Board of Directors (the “Board”) has appointed independent director David Foss as Chair of the Board, effective immediately.
The appointment reflects the Board’s previously announced plan to separate the roles of Chair and Chief Executive Officer. Melissa Smith will continue to serve as Chief Executive Officer, President, and a member of the Board.
“I am honored to serve as Chair of the Board,” said David Foss. “The Company has built a strong foundation, differentiated market position, and a talented leadership team focused on driving long-term growth. I look forward to partnering closely with Melissa, our Board, and the broader management team as we continue advancing WEX’s strategy, strengthening governance, and creating long-term value for our shareholders.”