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WEX, a global leader in intelligent payment solutions, today announced that its Board of Directors 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.
WEX appoints independent director David Foss as Chair of the Board, separating Chair and CEO roles.
Melissa Smith continues as CEO, President, and Board member.
Foss will partner with Smith, Board, and management team to advance WEX's strategy and strengthen governance.
WEX is a global commerce platform for payment solutions across benefits, mobility, and payment processing.
WEX is listed on NYSE: WEX.
“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.”
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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