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Scott Robert Phillips net worth and biography

Scott Phillips Biography and Net Worth

Insider of WEX

Scott formerly was the president of WEX’s fleet businesses in North America and Europe. Before that, he served as president and chief executive officer of EFS, a corporate payments company, which he joined in 2011 and WEX acquired in 2016. Scott transformed EFS through M&A, new product innovation and massive organic growth, dramatically increasing the company’s earnings and leading to its successful sale to WEX.

Scott brings more than two decades of senior executive experience in the corporate payments industry to this role and a strong record of growing businesses, introducing strategic and innovative new products, entering new markets, and creating measurable value for customers.

Prior to WEX and EFS, Scott spent 18 years at Comdata Corporation, where he served as executive vice president and general manager of corporate payments, and Transflo, where he focused on business development.

Scott has a bachelor’s degree from Providence College.

What is Scott Robert Phillips' net worth?: The estimated net worth of Scott Robert Phillips is at least $4.20 million as of April 5th, 2021. Mr. Phillips owns 24,785 shares of WEX stock worth more than $4,198,331 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Phillips may own. Learn More about Scott Robert Phillips' net worth.
How do I contact Scott Robert Phillips?: The corporate mailing address for Mr. Phillips 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 Scott Robert Phillips' contact information.
Has Scott Robert Phillips been buying or selling shares of WEX?: Scott Robert Phillips has not been actively trading shares of WEX within the last three months. Most recently, Scott Robert Phillips sold 20,649 shares of the business's stock in a transaction on Monday, April 5th. The shares were sold at an average price of $215.79, for a transaction totalling $4,455,847.71. Following the completion of the sale, the insider now directly owns 24,785 shares of the company's stock, valued at $5,348,355.15. Learn More on Scott Robert Phillips' 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.

Scott Robert Phillips Insider Trading History at WEX

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/5/2021	Sell	20,649	$215.79	$4,455,847.71	24,785
2/26/2021	Sell	76,609	$209.53	$16,051,883.77	70,988
8/21/2019	Sell	15,973	$208.44	$3,329,412.12	9,850
5/21/2019	Sell	8,298	$205.00	$1,701,090.00	9,850
11/30/2017	Sell	20,000	$127.68	$2,553,600.00
5/2/2017	Sell	22,135	$99.90	$2,211,286.50

Scott Robert Phillips 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: $169.39

$166.41

$170.58

50 Day Range

MA: $185.38

$167.45

$216.62

2 Week Range

Now: $169.39

$165.51

$244.04

Volume

1,010,182 shs

Average Volume

363,215 shs

Market Capitalization

$6.74 billion

P/E Ratio

21.50

Dividend Yield

N/A

Beta

1.57

Most People Are Dead Wrong.

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