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