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WEX Inc Announces Chief Executive Officer Succession Plan

Wednesday, 1 May 2013 07:30am EDT 

WEX Inc announced a management transition plan in accordance with the Board of Directors` longstanding succession planning process. To ensure a seamless transition and allow the executive management team to maintain its focus on executing the Company`s long-term strategic plan, the transition will be implemented in two phases. Effective immediately, Melissa D. Smith, 44, has been appointed president of the Company. On January 1, 2014 she will become Chief Executive Officer in addition to maintaining her role as president and assuming a seat on the Board of Directors. Michael E. Dubyak, 62, will remain chairman and chief executive officer during this transition period and will then move into the newly created role of executive chairman of the Board. 

Company Quote

-0.39 -0.38%
26 Dec 2014