Senator Angus King, Guest Speaker
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Aug. 5, 2013--
WEX
Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
is celebrating its 30th anniversary on Thursday, August 8th
at its corporate headquarters in South Portland. Senator Angus King will
serve as the guest speaker.
Sen. Angus King (I-ME) (Photo: Business Wire)
To commemorate 30 years of business, Senator King will address the WEX
employees along with members of the greater Portland business community
who have been an integral part of the company’s success over the past
three decades. Also making remarks at the company meeting will be former
Senator George Mitchell and former Governor John McKernan, Jr.
Immediately following the private company meeting, WEX will host a press
conference, with Senator King and Senator Mitchell in attendance, from
12:00 p.m. to 12:10 p.m. The press conference will conclude with remarks
by WEX chairman and CEO, Michael E. Dubyak, and WEX employees and guests
will celebrate with a traditional Maine lobster bake and entertainment.
WEX (formerly Wright Express) was formed in 1983 in Portland, Maine with
a vision to improve payment tracking methods for commercial fleets.
Thirty years later, the company has expanded its value-based corporate
payment solutions into five countries with more than 1,400 employees, is
traded on the New York Stock Exchange and has an approximate market
capitalization of $3.4 billion. Reflecting its evolution and established
presence in the market, the company rebranded itself in 2012 as WEX.
“As I look back on my 27 years with WEX, I could not be more proud of
how far we have come,” said Dubyak. “From a small, privately owned
business with a handful of employees and dreams to create a new market
in commercial corporate payments, we have experienced tremendous success
and continue to grow both domestically and internationally. This is an
exciting time for WEX and its future is strategically positioned for
success.”
Noted Senator King, “I first learned of WEX while campaigning for
Governor of Maine, and have been pleased to witness its compelling
success ever since. In addition to being a leader in its various markets
and within its communities, WEX has also distinguished itself through
its generous charitable giving efforts. Maine is fortunate to have WEX
headquartered in our great state, and I am honored they asked me to join
in celebrating their 30th anniversary.”
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 7.4 million
cardholders and offering exceptional payment security and control across
a wide spectrum of business sectors. The Company’s operations include
WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, Wright Express
Australia, Wright Express New Zealand and CorporatePay Limited, England,
as well as a majority equity position in UNIK S.A., Brazil. WEX and its
subsidiaries employ more than 1,400 associates. For more information
about WEX, please visit www.wexinc.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130805005207/en/
Source: WEX Inc.
News media contact:
WEX Inc.
Jessica Roy, 207-523-6763
Jessica.Roy@wexinc.com