WEX appoints David Foss as board chair, separates CEO role

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WEX Announces David Foss as Chair of the Board

May 14, 2026 4:30 PM EDT

PORTLAND, Maine--(BUSINESS WIRE)-- WEX (NYSE: WEX) (WEX or the Company), a global leader in intelligent payment solutions, today announced that its Board of Directors (the Board) has appointed independent director David Foss as Chair of the Board, effective immediately.

The appointment reflects the Boards previously announced plan to separate the roles of Chair and Chief Executive Officer. Melissa Smith will continue to serve as Chief Executive Officer, President, and a member of the Board.

I am honored to serve as Chair of the Board, said David Foss. The Company has built a strong foundation,... More