WEX Advances Multi‑Year Board Refreshment Plan with Leadership Changes and Retirements

WEX Inc. (NYSE: WEX), a global commerce platform, announced significant updates to its Board of Directors as part of a strategic multi‑year board refreshment plan aimed at strengthening governance and long‑term oversight. Effective at the company’s 2026 Annual Meeting of Stockholders, David Foss — former President and CEO of Jack Henry & Associates and a board member since November 2025 — will take on the roles of Vice Chair and Lead Independent Director. In connection with this transition, long‑serving directors Shikhar Ghosh and Jack VanWoerkom will retire from the Board at the Annual Meeting. Following these changes, the Board will consist of ten members, down from twelve. WEX Chair, CEO and President Melissa Smith highlighted that the refreshment plan reflects ongoing engagement with stockholders and is designed to align the Board’s composition and leadership with the company’s evolving business needs. Smith also expressed gratitude for the retiring directors’ contributions to WEX’s transformation into a global payments and technology company serving over 600,000 customers. Foss emphasized his commitment to advancing WEX’s strategy, supporting value creation for stockholders, and ensuring strong leadership and governance oversight as the company pursues future growth opportunities. #WEX #BoardRefresh #CorporateGovernance #LeadershipChange #SlimScan #GrowthStocks #CANSLIM