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Joel Alan Dearborn, Jr. net worth and biography

Joel Dearborn, Jr. Biography and Net Worth

Insider of WEX

Jay joined WEX in 2016, bringing to the company more than 15 years of experience driving strategic growth, marketing and operational performance improvement. As president of corporate payments, Jay is responsible for WEX’s virtual card and other payments solutions. He previously served as WEX’s VP of strategy.

Prior to joining WEX in January 2016, Jay was a principal at McKinsey & Company, where he helped private and public organizations set their strategic direction, including technology deployment and process redesign to support long-term growth. Previously, at American Express, Jay was responsible for elements of the merchant marketing organization and corporate strategic planning.

Jay holds an MBA and a bachelor’s degree from the University of Pennsylvania’s Wharton School. He also has a master’s degree in law and diplomacy from Tufts University’s Fletcher School. He is active with FocusMaine, Junior Achievement of Maine, and the United Way.

What is Joel Alan Dearborn, Jr.'s net worth?: The estimated net worth of Joel Alan Dearborn, Jr. is at least $590,373.13 as of June 1st, 2020. Mr. Dearborn, Jr. owns 3,439 shares of WEX stock worth more than $590,373 as of December 24th. This net worth evaluation does not reflect any other investments that Mr. Dearborn, Jr. may own. Learn More about Joel Alan Dearborn, Jr.'s net worth.
How do I contact Joel Alan Dearborn, Jr.?: The corporate mailing address for Mr. Dearborn, Jr. 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 Joel Alan Dearborn, Jr.'s contact information.
Has Joel Alan Dearborn, Jr. been buying or selling shares of WEX?: Joel Alan Dearborn, Jr. has not been actively trading shares of WEX during the past quarter. Most recently, Joel Alan Dearborn, Jr. sold 1,950 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $154.00, for a transaction totalling $300,300.00. Following the completion of the sale, the insider now directly owns 3,439 shares of the company's stock, valued at $529,606. Learn More on Joel Alan Dearborn, Jr.'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 (Chair, CEO, and President), 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 79,424 shares worth more than $16,645,555.85. The most recent insider tranaction occured on November, 29th when COO Robert Joseph Deshaies sold 175 shares worth more than $33,152.00. Insiders at WEX own 1.1% of the company. Learn More about insider trades at WEX.
Information on this page was last updated on 11/29/2024.

Joel Alan Dearborn, Jr. Insider Trading History at WEX

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/1/2020	Sell	1,950	$154.00	$300,300.00	3,439

Joel Alan Dearborn, Jr. 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: $171.67

$170.55

$172.41

50 Day Range

MA: $183.66

$167.45

$216.62

2 Week Range

Now: $171.67

$165.51

$244.04

Volume

88,936 shs

Average Volume

361,786 shs

Market Capitalization

$6.83 billion

P/E Ratio

21.79

Dividend Yield

N/A

Beta

1.57