Jagtar  Narula net worth and biography

Jagtar Narula Biography and Net Worth

CFO of WEX

Jagtar Narula joined WEX in May 2022 as Chief Financial Officer. In this role, he is responsible for the company’s financial planning, reporting, accounting, treasury, tax, corporate development, and investor relations activities. Jagtar brings more than two decades of experience generating sustainable business results by integrating finance and strategy with cross-functional implementation to grow revenue and increase profits.

Prior to joining WEX, Jagtar served as Executive Vice President and Chief Financial Officer of 3D Systems. In this role he led global financial functions including accounting, treasury, and investor relations, among others. He also helped restore the company to profitability, transform its business portfolio, and strengthen its balance sheet, resulting in a significant market cap increase during his tenure.

Prior to that role, Jagtar served as SVP of Corporate Strategy and Business Development for Blackbaud, Inc. where he also previously led Investor Relations and Financial Planning. Additionally, Jagtar held finance leadership positions of increasing responsibility at Xerox, GE, and with private equity.

He holds an MBA from The Wharton School of the University of Pennsylvania and an Engineering degree from the State University of New York at Buffalo.

What is Jagtar Narula's net worth?

The estimated net worth of Jagtar Narula is at least $1.42 million as of July 16th, 2024. Mr. Narula owns 7,628 shares of WEX stock worth more than $1,421,478 as of September 8th. This net worth evaluation does not reflect any other assets that Mr. Narula may own. Additionally, Mr. Narula receives an annual salary of $1,270,000.00 as CFO at WEX. Learn More about Jagtar Narula's net worth.

How old is Jagtar Narula?

Mr. Narula is currently 53 years old. There are 8 older executives and no younger executives at WEX. The oldest executive at WEX is Mr. Robert Joseph Deshaies, Chief Operating Officer of Americas, who is 58 years old. Learn More on Jagtar Narula's age.

What is Jagtar Narula's salary?

As the CFO of WEX Inc., Mr. Narula earns $1,270,000.00 per year. There are 2 executives that earn more than Mr. Narula. The highest earning executive at WEX is Ms. Melissa D. Smith, Chairman of the Board, President & CEO, who commands a salary of $2,790,000.00 per year. Learn More on Jagtar Narula's salary.

How do I contact Jagtar Narula?

The corporate mailing address for Mr. Narula 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 Jagtar Narula's contact information.

Has Jagtar Narula been buying or selling shares of WEX?

During the past quarter, Jagtar Narula has sold $199,800.00 in WEX stock. Most recently, Jagtar Narula sold 540 shares of the business's stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $190.00, for a transaction totalling $102,600.00. Following the completion of the sale, the chief financial officer now directly owns 7,628 shares of the company's stock, valued at $1,449,320. Learn More on Jagtar Narula'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, WEX insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $165,310.00. In the last twelve months, insiders at the business services provider sold shares 19 times. They sold a total of 81,140 shares worth more than $16,928,937.98. The most recent insider tranaction occured on August, 21st when COO Robert Joseph Deshaies sold 1,651 shares worth more than $299,937.17. Insiders at WEX own 1.1% of the company. Learn More about insider trades at WEX.

Information on this page was last updated on 8/21/2024.

Jagtar Narula Insider Trading History at WEX

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/16/2024Sell540$190.00$102,600.007,628View SEC Filing Icon  
7/8/2024Sell540$180.00$97,200.008,168View SEC Filing Icon  
3/19/2024Sell309$233.24$72,071.165,528View SEC Filing Icon  
3/5/2024Sell1,725$221.07$381,345.751,759View SEC Filing Icon  
See Full Table

Jagtar Narula Buying and Selling Activity at WEX

This chart shows Jagtar Narula's buying and selling at WEX by year and by quarter.

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WEX Company Overview

WEX logo
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.
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Today's Range

Now: $186.35
Low: $185.80
High: $189.01

50 Day Range

MA: $181.23
Low: $168.01
High: $191.02

2 Week Range

Now: $186.35
Low: $161.95
High: $244.04

Volume

426,535 shs

Average Volume

334,033 shs

Market Capitalization

$7.81 billion

P/E Ratio

30.30

Dividend Yield

N/A

Beta

1.54