WEX Management
Management criteria checks 3/4
WEX's CEO is Melissa Smith, appointed in Apr 2013, has a tenure of 11.5 years. total yearly compensation is $11.65M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth R$151.25M. The average tenure of the management team and the board of directors is 4.2 years and 5.4 years respectively.
Key information
Melissa Smith
Chief executive officer
US$11.7m
Total compensation
| CEO salary percentage | 7.5% |
| CEO tenure | 11.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$246m |
| Mar 31 2024 | n/a | n/a | US$264m |
| Dec 31 2023 | US$12m | US$875k | US$267m |
| Sep 30 2023 | n/a | n/a | US$270m |
| Jun 30 2023 | n/a | n/a | US$208m |
| Mar 31 2023 | n/a | n/a | US$147m |
| Dec 31 2022 | US$10m | US$855k | US$201m |
| Sep 30 2022 | n/a | n/a | US$101m |
| Jun 30 2022 | n/a | n/a | US$193m |
| Mar 31 2022 | n/a | n/a | US$125m |
| Dec 31 2021 | US$10m | US$792k | US$100k |
| Sep 30 2021 | n/a | n/a | -US$222m |
| Jun 30 2021 | n/a | n/a | -US$336m |
| Mar 31 2021 | n/a | n/a | -US$230m |
| Dec 31 2020 | US$20m | US$726k | -US$244m |
| Sep 30 2020 | n/a | n/a | US$45m |
| Jun 30 2020 | n/a | n/a | US$125m |
| Mar 31 2020 | n/a | n/a | US$67m |
| Dec 31 2019 | US$6m | US$763k | US$99m |
| Sep 30 2019 | n/a | n/a | US$66m |
| Jun 30 2019 | n/a | n/a | US$108m |
| Mar 31 2019 | n/a | n/a | US$132m |
| Dec 31 2018 | US$6m | US$730k | US$168m |
| Sep 30 2018 | n/a | n/a | US$227m |
| Jun 30 2018 | n/a | n/a | US$204m |
| Mar 31 2018 | n/a | n/a | US$183m |
| Dec 31 2017 | US$11m | US$700k | US$160m |
Compensation vs Market: Melissa's total compensation ($USD11.65M) is above average for companies of similar size in the BR market ($USD2.59M).
Compensation vs Earnings: Melissa's compensation has been consistent with company performance over the past year.
CEO
Melissa Smith (55 yo)
11.5yrs
Tenure
US$11,650,671
Compensation
Ms. Melissa D. Smith has been Chairman of the Board from September 12, 2019 at WEX Inc. She began with WEX in 1997 as a senior financial analyst for the financial technology service provider. She has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 11.5yrs | US$11.65m | 0.31% R$ 151.2m | |
| Chief Financial Officer | 2.4yrs | US$3.57m | 0.017% R$ 8.5m | |
| Chief Technology Officer | less than a year | US$3.46m | no data | |
| Chief Operating Officer of International | 6.8yrs | US$3.35m | 0.049% R$ 24.0m | |
| Chief Operating Officer of Benefits | 5.1yrs | US$4.35m | 0.019% R$ 9.3m | |
| Chief Accounting Officer | 4.2yrs | US$1.63m | 0.0046% R$ 2.3m | |
| Senior Vice President of Global Investor Relations | no data | US$650.34k | no data | |
| Chief Risk & Compliance Officer | 3.8yrs | no data | 0.014% R$ 6.7m | |
| Senior VP | less than a year | no data | 0% R$ 0 | |
| Chief People Officer | 6.7yrs | US$2.08m | 0.021% R$ 10.1m | |
| Executive Advisor | less than a year | US$855.48k | 0.035% R$ 17.1m | |
| Managing Director of Latin America | 5.2yrs | no data | no data |
4.2yrs
Average Tenure
53yo
Average Age
Experienced Management: W2EX34's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.8yrs | US$11.65m | 0.31% R$ 151.2m | |
| Independent Director | 8.3yrs | US$305.03k | 0.018% R$ 8.7m | |
| Vice Chair & Lead Independent Director | 19.8yrs | US$330.47k | 0.023% R$ 11.4m | |
| Independent Director | 19.8yrs | US$292.28k | 0.016% R$ 7.9m | |
| Independent Director | 4.4yrs | US$285.03k | 0.017% R$ 8.3m | |
| Independent Director | 3.3yrs | US$295.84k | 0.0083% R$ 4.1m | |
| Independent Director | 5.4yrs | US$306.84k | 0.0053% R$ 2.6m | |
| Independent Director | 5.8yrs | US$285.03k | 0.013% R$ 6.4m | |
| Independent Director | 5.1yrs | US$300.96k | 0.015% R$ 7.2m | |
| Independent Director | 3.3yrs | US$304.15k | 0.0095% R$ 4.7m | |
| Independent Director | less than a year | US$5.77k | no data |
5.4yrs
Average Tenure
60yo
Average Age
Experienced Board: W2EX34's board of directors are considered experienced (5.4 years average tenure).