WEX Inc. Appoints New CFO, Files 8-K
Ticker: WEX · Form: 8-K · Filed: May 20, 2025 · CIK: 1309108
| Field | Detail |
|---|---|
| Company | Wex Inc. (WEX) |
| Form Type | 8-K |
| Filed Date | May 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, filing
Related Tickers: WEX
TL;DR
WEX Inc. names Michael W. Yates as new CFO, effective immediately.
AI Summary
WEX Inc. announced on May 15, 2025, that it has appointed a new Chief Financial Officer, Michael W. Yates, effective immediately. Yates previously served as the Executive Vice President and Chief Financial Officer of the Company's Fleet Solutions segment. The company also reported on matters submitted to a vote of security holders and filed financial statements and exhibits.
Why It Matters
The appointment of a new CFO is a significant leadership change that could impact the company's financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.
Key Numbers
- 20250515 — Report Date (Date of the earliest event reported in the 8-K filing.)
- 04101 — ZIP Code (Zip code for WEX Inc.'s principal executive offices in Portland, Maine.)
Key Players & Entities
- WEX Inc. (company) — Registrant
- Michael W. Yates (person) — Newly appointed Chief Financial Officer
- Wright Express CORP (company) — Former company name
- 001-32426 (company) — SEC File Number
- 010526993 (company) — IRS Employer Identification No.
FAQ
Who has been appointed as the new Chief Financial Officer of WEX Inc.?
Michael W. Yates has been appointed as the new Chief Financial Officer of WEX Inc.
When was the appointment of the new CFO effective?
The appointment of Michael W. Yates as CFO was effective immediately as of May 15, 2025.
What was Michael W. Yates's previous role at WEX Inc.?
Michael W. Yates previously served as the Executive Vice President and Chief Financial Officer of WEX Inc.'s Fleet Solutions segment.
What is the principal executive office address for WEX Inc.?
The principal executive office address for WEX Inc. is 1 Hancock Street, Portland, Maine 04101.
What other items are reported in this 8-K filing besides the officer appointment?
This 8-K filing also reports on matters submitted to a vote of security holders and includes financial statements and exhibits.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 20, 2025 by Michael W. Yates regarding WEX Inc. (WEX).