WEX Inc. has strengthened its corporate governance and strategic oversight with the appointment of David Foss, the former President and CEO of Jack Henry & Associates, to its Board of Directors. The appointment, effective November 3, 2025, brings a seasoned financial technology executive with decades of leadership experience to WEX's board. This move is positioned to support the company's strategic growth pillars as it navigates the next phase of its evolution in the global commerce platform market.
WEX appoints David Foss, former Jack Henry CEO, to its Board of Directors.
Foss brings over 30 years of leadership in financial services and technology.
His experience is expected to aid WEX's core growth, market expansion, and innovation.
He currently serves as Chair of Jack Henry and is a Director at CNO Financial Group.
The appointment increases the WEX Board size from 11 to 12 members.
Eleven of the twelve board directors, including Foss, are now independent.
The appointment is the result of an extensive search process and is aimed at bolstering the board's expertise during a period of strategic execution. Foss's background in leading a major public fintech company and his deep understanding of integrated financial solutions are seen as key assets. His career includes transforming acquired businesses into cohesive, branded divisions and overseeing the development of payment tools for small businesses, experience highly relevant to WEX's ecosystem.
WEX leadership highlighted the strategic value Foss brings to the table. “We are pleased to welcome Dave to the WEX Board,” said Melissa Smith, WEX’s Chair, CEO, and President. “Dave’s experience across financial services and technology, coupled with his tenure as a public company executive and board director, will be invaluable as we enter the next phase of growth and execute on our three strategic pillars: amplifying our core business, expanding our reach, and accelerating innovation.”
Foss also expressed his positive outlook on joining the board, stating, “I’ve followed WEX for many years and know them as a terrific company that appears to be well positioned for further growth and success. I look forward to working with the Board and executive team and applying my experience, as appropriate, to the challenges and opportunities at WEX on behalf of all shareholders.”
This appointment underscores WEX's commitment to strong, independent corporate governance as it continues to simplify the business of running a business for its global customers.
WEX is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential.
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