Melissa D.  Smith net worth and biography

Melissa Smith Biography and Net Worth

CEO of WEX
Melissa joined WEX in 1997 and, since then has filled a variety of leadership roles, including Global President and President of the Americas. Melissa served as CFO during the company’s IPO in 2005 and has continually driven WEX’s dramatic growth, both organically and through acquisitions. She’s been CEO since 2014 and chair since 2019. 

After she took the helm, revenue more than doubled, reaching $1.7 billion in 2019. During the COVID-19 pandemic, Melissa brought WEX to expected revenue of more than $1.8 billion for 2021. She also substantially diversified the company, moving from a primarily U.S.-based, fleet-centric business to a global enterprise with offices in 14 countries and more than 5,500 employees worldwide. 

The leadership and cultural values that inform Melissa’s professional life were forged from growing up on a farm in the rural town of Winn, Maine. She was also named PYMNTS.com’s Most Innovative Women in Payments in 2014 and one of PaymentsSource’s Most Influential Women in Payments in 2014, 2019, and 2021.

Melissa is an active participant in her community and with non-profit work and currently sits on the board of Maine Health. Additionally, she serves on the Board of Directors for Equifax. Melissa earned a bachelor’s in business administration from the University of Maine in 1991 and was awarded an honorary Doctorate of Humane Letters in 2021.

What is Melissa D. Smith's net worth?

The estimated net worth of Melissa D. Smith is at least $18.90 million as of February 16th, 2024. Ms. Smith owns 81,998 shares of WEX stock worth more than $18,898,899 as of April 21st. This net worth evaluation does not reflect any other assets that Ms. Smith may own. Additionally, Ms. Smith receives a salary of $3,030,000.00 as CEO at WEX. Learn More about Melissa D. Smith's net worth.

How old is Melissa D. Smith?

Ms. Smith is currently 55 years old. There are 8 older executives and no younger executives at WEX. Learn More on Melissa D. Smith's age.

What is Melissa D. Smith's salary?

As the CEO of WEX Inc., Ms. Smith earns $3,030,000.00 per year. Learn More on Melissa D. Smith's salary.

How do I contact Melissa D. Smith?

The corporate mailing address for Ms. Smith 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 Melissa D. Smith's contact information.

Has Melissa D. Smith been buying or selling shares of WEX?

Melissa D. Smith has not been actively trading shares of WEX during the last ninety days. Most recently, Melissa D. Smith sold 13,000 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $222.33, for a transaction totalling $2,890,290.00. Following the completion of the sale, the chief executive officer now directly owns 81,998 shares of the company's stock, valued at $18,230,615.34. Learn More on Melissa D. Smith's 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), James Groch (Director), Kenneth Janosick (Insider), Jennifer Kimball (CAO), Scott Phillips (Insider), Hilary Rapkin (Insider), Roberto Simon (CFO), Melissa Smith (CEO), Stephen Smith (Director), Regina Sommer (Director), Regina Sommer (Director), Melanie Tinto (Insider), and Jack VanWoerkom (Director). Learn More on WEX's active insiders.

Are insiders buying or selling shares of WEX?

In the last twelve months, WEX insiders bought shares 2 times. They purchased a total of 2,350 shares worth more than $417,760.00. In the last twelve months, insiders at the business services provider sold shares 18 times. They sold a total of 122,085 shares worth more than $24,803,151.24. The most recent insider tranaction occured on March, 19th when CFO Jagtar Narula sold 309 shares worth more than $72,071.16. Insiders at WEX own 1.1% of the company. Learn More about insider trades at WEX.

Information on this page was last updated on 3/19/2024.

Melissa D. Smith Insider Trading History at WEX

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/16/2024Sell13,000$222.33$2,890,290.0081,998View SEC Filing Icon  
1/22/2024Sell41,107$205.00$8,426,935.0081,998View SEC Filing Icon  
7/13/2023Sell41,107$195.00$8,015,865.0081,998View SEC Filing Icon  
4/15/2021Sell43,568$230.00$10,020,640.0095,347View SEC Filing Icon  
4/7/2021Sell43,568$220.00$9,584,960.0095,347View SEC Filing Icon  
3/29/2021Sell13,739$208.47$2,864,169.3351,779View SEC Filing Icon  
1/6/2020Sell13,736$214.99$2,953,102.6471,339View SEC Filing Icon  
9/5/2019Sell15,556$209.99$3,266,604.4478,839View SEC Filing Icon  
5/21/2019Sell5,000$205.00$1,025,000.0070,783View SEC Filing Icon  
4/11/2019Sell5,000$200.00$1,000,000.0075,783View SEC Filing Icon  
4/1/2019Sell5,000$195.00$975,000.0080,783View SEC Filing Icon  
8/8/2018Sell5,000$190.00$950,000.0072,544View SEC Filing Icon  
11/9/2017Sell3,329$125.00$416,125.0060,380View SEC Filing Icon  
11/1/2017Sell5$125.00$625.0063,709View SEC Filing Icon  
10/12/2017Sell3,333$120.00$399,960.00View SEC Filing Icon  
9/26/2017Sell3,333$115.00$383,295.0067,047View SEC Filing Icon  
8/5/2016Sell5,910$93.03$549,807.3055,820View SEC Filing Icon  
10/30/2013Sell2,100$88.95$186,795.00View SEC Filing Icon  
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Melissa D. Smith Buying and Selling Activity at WEX

This chart shows Melissa D Smith's buying and selling at WEX by year and by quarter.

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WEX Company Overview

WEX logo
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.
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Today's Range

Now: $230.48
Low: $228.48
High: $231.93

50 Day Range

MA: $229.66
Low: $210.60
High: $242.22

2 Week Range

Now: $230.48
Low: $161.95
High: $244.04

Volume

219,006 shs

Average Volume

223,729 shs

Market Capitalization

$9.62 billion

P/E Ratio

37.42

Dividend Yield

N/A

Beta

1.59