Printer Friendly Version View printer-friendly version
<< Back

Wright Express Promotes Gregory D. Iverson to President of Pacific Pride Services

SOUTH PORTLAND, Maine, Apr 23, 2010 (BUSINESS WIRE) --Wright Express Corporation (NYSE: WXS) announced today that Gregory D. Iverson has been promoted to President of Pacific Pride Services, effective August 1, 2010. Pacific Pride is a wholly owned subsidiary of Wright Express Corporation. Iverson will succeed Cindy Condon, who will retire from the Company on July 31, 2010 after serving in the position since 2008.

"Cindy Condon is an original, founding member of the Pacific Pride team, having joined the company when it was formed in 1984," said David D. Maxsimic, Executive Vice President, Sales and Marketing at Wright Express. "She leaves the Wright Express family with an outstanding legacy in the management and administration of all franchise activity, new product and services design and high-performance results. She's done a terrific job, and we wish her all the best."

Iverson joined Pacific Pride in January 2010 as Vice President, Administration and Operations where he was responsible for managing Pacific Pride's administration, operations and card services departments as well as strategic and tactical planning.

"We look forward to seeing Greg leverage his broad experience and in-depth knowledge of both our business and our market, in directing this crucial part of our organization," Maxsimic said. "I am confident that he will provide the leadership we need to extend Pacific Pride's record of growth and continue to provide best-in-class service to our customers."

Prior to joining Wright Express, Iverson served at Sinclair Oil Corporation as the manager of fleet, lubricant and truck stop marketing with responsibility for marketing those products in Sinclair's 22 state area. He formerly was president and owner of Business Results Management, a Salt Lake City, UT marketing, customer service, and process management consulting company whose clients included Sinclair Oil, Little America Hotels, Morinda and PPI among others. Iverson holds a B.A. in International Business Management from Westminster College in Salt Lake City, UT and has completed executive program coursework at the Kellogg School of Management in Evansville, IL. He is also a graduate of the AT&T six month corporate certificate Global MBA program offered through Penn State University.

About Wright Express

Wright Express is a leading global provider of payment processing and information management services. Wright Express captures and combines transaction information from its proprietary network with specialized analytical tools and purchasing control capabilities in a suite of solutions that enable fleets to manage their vehicles more effectively. The Company's charge cards are used by commercial and government fleets to purchase fuel and maintenance services for approximately 4.6 million vehicles. Wright Express markets its services directly to fleets and as an outsourcing partner for its strategic relationships and franchisees. The Company's business portfolio includes a MasterCard-branded corporate card as well as TelaPoint, a provider of supply chain software solutions for petroleum distributors and retailers, and Pacific Pride, an independent fuel distributor franchisee network, as well as international subsidiaries. For more information about Wright Express, please visit www.wrightexpress.com.

SOURCE: Wright Express Corporation

Wright Express
News media contact:
Jessica Roy, 207-523-6763
Jessica_Roy@wrightexpress.com
or
Investor contact:
Steve Elder, 207-523-7769
Steve_Elder@wrightexpress.com