Melissa joined WEX in 1997 and, since then has filled a variety of leadership roles, including Global President and President of the Americas. Melissa served as CFO during the company’s IPO in 2005 and has continually driven WEX’s dramatic growth, both organically and through acquisitions. She’s been CEO since 2014 and chair since 2019.
After she took the helm, revenue more than doubled, reaching $1.7 billion in 2019. During the COVID-19 pandemic, Melissa brought WEX to expected revenue of more than $1.8 billion for 2021. She also substantially diversified the company, moving from a primarily U.S.-based, fleet-centric business to a global enterprise with offices in 14 countries and more than 5,500 employees worldwide.
The leadership and cultural values that inform Melissa’s professional life were forged from growing up on a farm in the rural town of Winn, Maine. She was also named PYMNTS.com’s Most Innovative Women in Payments in 2014 and one of PaymentsSource’s Most Influential Women in Payments in 2014, 2019, and 2021.
Melissa is an active participant in her community and with non-profit work and currently sits on the board of Maine Health. Additionally, she serves on the Board of Directors for Equifax. Melissa earned a bachelor’s in business administration from the University of Maine in 1991 and was awarded an honorary Doctorate of Humane Letters in 2021.
What is Melissa D. Smith's net worth?
The estimated net worth of Melissa D. Smith is at least $13.90 million as of February 16th, 2024. Ms. Smith owns 81,998 shares of WEX stock worth more than $13,902,761 as of December 30th. This net worth evaluation does not reflect any other assets that Ms. Smith may own. Additionally, Ms. Smith receives a salary of $2,790,000.00 as Chair, CEO, and President at WEX. Learn More about Melissa D. Smith's net worth.
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Has Melissa D. Smith been buying or selling shares of WEX?
Melissa D. Smith has not been actively trading shares of WEX within the last three months. Most recently, Melissa D. Smith sold 13,000 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $222.33, for a transaction totalling $2,890,290.00. Following the completion of the sale, the chief executive officer now directly owns 81,998 shares of the company's stock, valued at $18,230,615.34. Learn More on Melissa D. Smith'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.
