Jack VanWoerkom Biography and Net Worth

Director of WEX

Jack A. VanWoerkom serves as Lead Independent Vice Chairman of the Board of the Company. Mr. VanWoerkom has served as Vice Chairman and Lead Director of the Board since September 2019. Mr. VanWoerkom served as the General Counsel and Chief Compliance Officer of Porchlight Equity (formerly Highland Consumer Fund), a private equity firm specializing in lower middle market companies, from January 2017 until December 2018. Before serving as General Counsel and Chief Compliance Officer, Mr. VanWoerkom served as an Operating Partner at Porchlight Equity from June 2015 until January 2017. From June 2011 until June 2015, Mr. VanWoerkom was retired. From June 2007 until June 2011, Mr. VanWoerkom was employed by The Home Depot, Inc., a home improvement retailer, as Executive Vice President, General Counsel and Corporate Secretary. Mr. VanWoerkom served as Executive Vice President, General Counsel and Secretary of Staples, Inc., an office supply retailer, from March 2004 to June 2007. From March 1999 to March 2004, Mr. VanWoerkom was Senior Vice President, General Counsel and Secretary of Staples.

What is Jack VanWoerkom's net worth?: The estimated net worth of Jack VanWoerkom is at least $1.50 million as of November 21st, 2023. Mr. VanWoerkom owns 8,319 shares of WEX stock worth more than $1,499,957 as of November 20th. This net worth estimate does not reflect any other investments that Mr. VanWoerkom may own. Learn More about Jack VanWoerkom's net worth.
How do I contact Jack VanWoerkom?: The corporate mailing address for Mr. VanWoerkom and other WEX executives is 1 Hancock Street, SOUTH PORTLAND ME, 04101. WEX can also be reached via phone at 207-773-8171 and via email at [email protected]. Learn More on Jack VanWoerkom's contact information.
Has Jack VanWoerkom been buying or selling shares of WEX?: Jack VanWoerkom has not been actively trading shares of WEX during the past quarter. Most recently, Jack Vanwoerkom sold 2,000 shares of the business's stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $174.38, for a transaction totalling $348,760.00. Following the completion of the sale, the director now directly owns 8,319 shares of the company's stock, valued at $1,450,667.22. Learn More on Jack VanWoerkom's trading history.
Who are WEX's active insiders?: WEX's insider roster includes Carlos Carriedo (COO), David Cooper (CTO), Joel Dearborn, Jr. (Insider), Robert Deshaies (COO), Ann Drew (Chief Risk & Compliance Officer), James Groch (Director), Kenneth Janosick (Insider), Jennifer Kimball (CAO), Jagtar Narula (CFO), Scott Phillips (Insider), Hilary Rapkin (Insider), Roberto Simon (CFO), Melissa Smith (CEO), Stephen Smith (Director), Regina Sommer (Director), Regina Sommer (Director), Melanie Tinto (Insider), Sara Trickett (Chief Legal Officer and Corporate Secretary), and Jack VanWoerkom (Director). Learn More on WEX's active insiders.
Are insiders buying or selling shares of WEX?: In the last twelve months, insiders at the business services provider sold shares 19 times. They sold a total of 81,249 shares worth more than $16,961,163.85. The most recent insider tranaction occured on September, 13th when CFO Jagtar Narula sold 508 shares worth more than $101,600.00. Insiders at WEX own 1.1% of the company. Learn More about insider trades at WEX.
Information on this page was last updated on 9/13/2024.

Jack VanWoerkom Insider Trading History at WEX

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/21/2023	Sell	2,000	$174.38	$348,760.00	8,319
8/8/2018	Sell	4,376	$187.52	$820,587.52	7,705
11/2/2015	Sell	5,500	$89.79	$493,845.00	17,188

Jack VanWoerkom Buying and Selling Activity at WEX

WEX Company Overview

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

Today's Range

Now: $180.31

$177.09

$180.65

50 Day Range

MA: $196.51

$172.05

$216.62

2 Week Range

Now: $180.31

$165.51

$244.04

Volume

509,174 shs

Average Volume

546,586 shs

Market Capitalization

$7.17 billion

P/E Ratio

22.88

Dividend Yield

N/A

Beta

1.57

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