Melissa D. Smith is the Chief Executive Officer of WEX Inc., a global leader in payment solutions. She took on the CEO role on January 1, 2014, after serving as President since April 2013. Melissa has a strong background in...

Number of Employees

7.2K

Year

2022

Total Compensation

$20.44M

Salary

$854.81K

Board Justification

The compensation philosophy is designed to align executive pay with performance outcomes, including financial results and stockholder value.

Bonus

$0.00

Board Justification

No bonus was reported for 2022 as part of the summary compensation table.

Other

$140.55K

Board Justification

Includes 401(k) match and other compensation such as wellness reimbursements.

Restricted Stock

$19.45M(118.83K PRSUs)

Board Justification

The vested stock includes performance restricted stock units (PRSUs) that were earned based on performance metrics and vested in 2022.

Performance Metrics

Adjusted Revenue and Adjusted Operating Income.

SEC Filing

From April 24, 2023

Melissa D. Smith

Ex-CEO of WEX

MD

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1970 - 55 years ago

Is Founder?

No

Tenure

8 years 3 months (Jan 2014 - Apr 2022)

Previous Experience

Various positions within WEX Inc., including President, North America and Chief Financial Officer