Roberto Simon to Join WEX as Chief Financial Officer
Steve Elder to Assume Newly Created Role of Senior Vice President,
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Nov. 5, 2015--
WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
today announced that Roberto Simon will be appointed chief financial
officer, on or about February 26, 2016. Steve Elder, WEX’s current chief
financial officer, will remain with WEX to assume the newly created
position of senior vice president, investor relations. These executive
changes are being made to add further depth and international experience
to the senior management team as the Company continues to globalize and
diversify the business.
Melissa Smith, WEX's president and chief executive officer stated,
"Roberto’s business acumen, international experience and track record of
supporting growth organically and through M&A, position him well to help
us advance our strategic priorities. I am confident that he will prove
to be a valuable business partner and a great addition to our team.”
Mr. Simon joins WEX from Revlon, Inc., where he most recently served as
executive vice president and chief financial officer. Prior to this
role, Mr. Simon served as senior vice president, global finance, at
Revlon and was responsible for all financial reporting and operations,
M&A and integration, as well as the companywide SAP rollout. Mr. Simon
joined Revlon as part of the Company’s acquisition of The Colomer Group,
where he most recently served as chief financial officer and formerly
held global leadership roles managing financial reporting and operations
for the Americas, Africa, Ireland, Spain and the United Kingdom. Prior
to joining The Colomer Group in 2002, Mr. Simon held various finance and
accounting roles, including senior financial consultant at the Michael
Page International Group. Mr. Simon holds a bachelor's degree in
business administration from the University of Barcelona and a master’s
in business administration from ESADE Business School.
"I am very pleased and look forward to joining WEX at such a dynamic
time, and am excited to work closely with WEX’s talented executive
leadership team to help the Company achieve its next stage of growth,"
said Mr. Simon.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983, WEX
has expanded the scope of its business into a multi-channel provider of
corporate payment solutions representing more than 9 million vehicles
and offering exceptional payment security and control across a wide
spectrum of business sectors. WEX serves a global set of customers and
partners through its operations around the world, with offices in the
United States, Australia, New Zealand, Brazil, the United Kingdom,
Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries
employ more than 2,000 associates. The Company has been publicly traded
since 2005, and is listed on the New York Stock Exchange under the
ticker symbol “WEX.” For more information, visit www.wexinc.com
and follow WEX on Twitter at @WEXIncNews.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151105006836/en/
Source: WEX Inc.
News media contact:
Jessica Roy, 207-523-6763
Michael E. Thomas, 207-523-6743