WEX Management
Management criteria checks 3/4
WEX's CEO is Melissa Smith, appointed in Apr 2013, has a tenure of 11.58 years. total yearly compensation is $11.65M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $23.38M. The average tenure of the management team and the board of directors is 4.3 years and 5.5 years respectively.
Key information
Melissa Smith
Chief executive officer
US$11.7m
Total compensation
| CEO salary percentage | 7.5% |
| CEO tenure | 11.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
WEX: AI, Data Management, And M&A Could Imply Undervaluation
Oct 29Shareholders Should Be Pleased With WEX Inc.'s (NYSE:WEX) Price
Sep 25
Should You Be Adding WEX (NYSE:WEX) To Your Watchlist Today?
Aug 30Earnings Miss: WEX Inc. Missed EPS By 24% And Analysts Are Revising Their Forecasts
Apr 28What You Can Learn From WEX Inc.'s (NYSE:WEX) P/E
Apr 19Here's Why We Think WEX (NYSE:WEX) Is Well Worth Watching
Mar 24WEX: Growing, And Growing More Appealing
Jan 29Investors Interested In WEX Inc.'s (NYSE:WEX) Earnings
Dec 25WEX: Continues To Succeed In Key Markets
Nov 07WEX: Good Entry Point For A Quality, Compounding Fleet Manager
Oct 23Here's Why We Think WEX (NYSE:WEX) Is Well Worth Watching
Aug 14WEX Inc: Q2 2023 Earnings Was Good, But More Is Needed
Aug 04We Ran A Stock Scan For Earnings Growth And WEX (NYSE:WEX) Passed With Ease
May 14Is Now The Time To Put WEX (NYSE:WEX) On Your Watchlist?
Feb 12WEX: Still Resistant To Monetary Tightening
Feb 07At US$180, Is It Time To Put WEX Inc. (NYSE:WEX) On Your Watch List?
Jan 24WEX (NYSE:WEX) Has A Pretty Healthy Balance Sheet
Dec 30Is There An Opportunity With WEX Inc.'s (NYSE:WEX) 22% Undervaluation?
Dec 09WEX Inc.: Still An Attractive Secular Growth Story
Nov 10WEX Q3 2022 Earnings Preview
Oct 26Wex gains after investor pitches at 13D Monitor Active-Passive conference
Oct 18Is WEX Inc. (NYSE:WEX) Potentially Undervalued?
Sep 15WEX board authorizes up to $150M share repurchase program
Aug 23Here's Why WEX (NYSE:WEX) Can Manage Its Debt Responsibly
Aug 19WEX Q2 2022 Earnings Preview
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$331m |
| 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$181m |
| 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$91m |
| 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 US market ($USD7.74M).
Compensation vs Earnings: Melissa's compensation has been consistent with company performance over the past year.
CEO
Melissa Smith (55 yo)
11.6yrs
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 | 11.6yrs | US$11.65m | 0.32% $ 23.4m | |
| Chief Financial Officer | 2.5yrs | US$3.57m | 0.018% $ 1.3m | |
| Chief Technology Officer | less than a year | US$3.46m | no data | |
| Chief Operating Officer of International | 6.9yrs | US$3.35m | 0.050% $ 3.7m | |
| Chief Operating Officer of Benefits | 5.2yrs | US$4.35m | 0.019% $ 1.4m | |
| Chief Accounting Officer | 4.3yrs | US$1.63m | 0.0048% $ 354.0k | |
| Senior Vice President of Global Investor Relations | no data | US$650.34k | no data | |
| Chief Risk & Compliance Officer | 3.9yrs | no data | 0.014% $ 1.0m | |
| Senior VP | less than a year | no data | no data | |
| Chief People Officer | 6.8yrs | US$2.08m | 0.021% $ 1.6m | |
| Executive Advisor | less than a year | US$855.48k | 0.036% $ 2.6m | |
| Managing Director of Latin America | 5.3yrs | no data | no data |
4.3yrs
Average Tenure
53yo
Average Age
Experienced Management: WEX's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.8yrs | US$11.65m | 0.32% $ 23.4m | |
| Independent Director | 8.3yrs | US$305.03k | 0.018% $ 1.3m | |
| Vice Chair & Lead Independent Director | 19.8yrs | US$330.47k | 0.024% $ 1.8m | |
| Independent Director | 19.8yrs | US$292.28k | 0.017% $ 1.2m | |
| Independent Director | 4.5yrs | US$285.03k | 0.017% $ 1.3m | |
| Independent Director | 3.4yrs | US$295.84k | 0.0086% $ 635.0k | |
| Independent Director | 5.5yrs | US$306.84k | 0.0055% $ 403.4k | |
| Independent Director | 5.9yrs | US$285.03k | 0.013% $ 992.7k | |
| Independent Director | 5.2yrs | US$300.96k | 0.015% $ 1.1m | |
| Independent Director | 3.4yrs | US$304.15k | 0.0098% $ 724.2k | |
| Independent Director | less than a year | US$5.77k | no data |
5.5yrs
Average Tenure
60yo
Average Age
Experienced Board: WEX's board of directors are considered experienced (5.5 years average tenure).