Fundz

WEX

Portland, Maine, United States · E Commerce, Information Technology, information technology & services

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overco

Key facts

Headquarters
Portland, Maine, United States
Employees
6,500
Industries
E Commerce, Information Technology, information technology & services
Status
Public (WEX)
Website
wexinc.com
LinkedIn
Company page

Recent activity at WEX

  • : WEX and Mastercard launch a unified fleet payments network in Asia Pacific.
  • : SEC 8-K (8.01): On May 14, 2026, WEX INC. announced the authorization of a share repurchase program. The program allows for the repurchase of up to $1.0 billion of the Company's common stock, with no set expiration date. This decision reflects the Board's confidence in the Company's financial position and its commitment to returning value to shareholders. Such a program can potentially impact the stock's market performance and investor sentiment positively.
  • : SEC 8-K (1.01): On May 3, 2026, WEX Inc. entered into a Cooperation Agreement with Impactive Capital Master Fund LP, aimed at restructuring its Board of Directors. The agreement specifies that the Board will expand to eleven members at the upcoming 2026 annual meeting, where three new director nominees will be added. Strategic changes include separating the roles of Chair and CEO at the first regular Board meeting following the annual meeting and determining the composition of various committees. Key provisions include conditions for replacing director nominees and customary voting commitments and standstill agreements.
  • : SEC 8-K (2.02): On February 4, 2026, WEX Inc. announced its fourth-quarter and full year 2025 results through a press release. This filing includes the press release and an earnings supplement, which is meant to provide detailed financial information for investors. The announcement outlines key financial metrics and overall performance, reflecting the company's economic standing and operational effectiveness for the year 2025. The specific event date of the announcement is crucial for stakeholders to assess the company's financial health recently.
  • : SEC 8-K (5.02): On January 10, 2026, Shikhar Ghosh and Jack VanWoerkom notified WEX Inc.'s Board of Directors of their intention to retire from the Board, effective at the Company's 2026 Annual Meeting of Stockholders. The Board decided to reduce the number of board seats from twelve to ten following their retirements. David Foss will take on the roles of Vice Chair and Lead Independent Director, receiving additional compensation in line with the Company’s non-employee director compensation program. This decision reflects a systematic change in Board composition without any operational disagreements mentioned.
  • : WEX Appoints Sandy Kuohn as Chief People Officer
  • : SEC 8-K (5.02): On October 26, 2025, the Company’s Board of Directors increased the size of the Board from 11 to 12 members and appointed David Foss as a director to fill this vacancy, which will be effective on November 3, 2025. Mr. Foss is recognized as an independent director under NYSE regulations and Corporate Governance Guidelines. His prior leadership roles include serving as President and CEO of Jack Henry & Associates, Inc., a prominent financial services technology company, and he brings extensive experience from other key positions in the financial sector. Compensation for Mr. Foss will align with that of other non-employee directors, and he will also enter into a standard indemnification agreement with the Company.
  • : WEX Extends Partnership with Circle K to Enhance Fleet Management and Customer Experience
  • : WEX Launches Medicare Advantage Marketplace to Enhance Member Shopping Experience
  • : WEX and Holman Expand Partnership Across U.S. and Canada

WEX funding history

DateRoundAmount
Jun 2020Debt Financing$400.0M

Leadership

  • Sandy Kuohn, Chief People Officer
  • Jason Hancock, Managing Director
  • Sara Trickett, Chief Legal Officer
  • Sachin Dhawan, Chief Technology Officer
  • Steve Elder
  • Jessica Roy

Verified email and direct lines for WEX’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

WEX files 3 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

WEX in the news

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About WEX: questions and answers

What does WEX do?

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overco

Where is WEX headquartered?

WEX is headquartered in Portland, Maine, United States.

How many employees does WEX have?

WEX has about 6,500 employees.

Has WEX raised funding?

Yes. Fundz has recorded 1 funding event for WEX. The most recent, Debt Financing of $400.0M, was in Jun 2020.

What is the latest news on WEX?

On Oct 12, 2026, WEX and Mastercard launch a unified fleet payments network in Asia Pacific.

Is WEX a public company?

Yes. WEX is publicly traded under the ticker WEX.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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