The estimated Net Worth of Joel Alan Jr Dearborn is at least $6.73 Milione dollars as of 15 March 2024. Mr. Dearborn owns over 8,844 units of WEX Inc stock worth over $4,432,320 and over the last 7 years he sold WEX stock worth over $300,300. In addition, he makes $1,998,490 as President - Corporate Payments at WEX Inc.
Joel has made over 17 trades of the WEX Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 8,844 units of WEX stock worth $1,698,048 on 15 March 2024.
The largest trade he's ever made was exercising 8,844 units of WEX Inc stock on 15 March 2024 worth over $1,698,048. On average, Joel trades about 1,251 units every 84 days since 2018. As of 15 March 2024 he still owns at least 23,085 units of WEX Inc stock.
You can see the complete history of Mr. Dearborn stock trades at the bottom of the page.
Joel (Jay) A. Dearborn serves as President - Corporate Payments of the Company. He joined WEX in January 2016 as Vice President, Strategy. Mr. Dearborn served as Vice President, Strategy from January 2016 until December 2017. Since December 2017, Mr. Dearborn has served as WEX’s President for Corporate Payments, and is responsible for WEX’s virtual card and other payments solutions. Prior to joining WEX, he was a principal at McKinsey & Company, a management consulting firm, from January 2008 to January 2016, where he helped private and public organizations set their strategic direction, including technology deployment and process redesign to support long-term growth.
As the President - Corporate Payments of WEX Inc, the total compensation of Joel Dearborn at WEX Inc is $1,998,490. There are 6 executives at WEX Inc getting paid more, with Melissa Smith having the highest compensation of $6,482,390.
Joel Dearborn is 41, he's been the President - Corporate Payments of WEX Inc since 2017. There are 26 older and no younger executives at WEX Inc. The oldest executive at WEX Inc is Jack VanWoerkom, 66, who is the Lead Independent Vice Chairman of the Board.
Joel's mailing address filed with the SEC is WEX Inc HQ, 1, Hancock Street, India Street, Portland, Maine, 04101, United States.
Over the last 11 years, insiders at WEX Inc have traded over $1,300,602,430 worth of WEX Inc stock and bought 11,030 units worth $1,561,558 . The most active insiders traders include James Neary, Hold Co Ii Llcwarburg Pincu... e Pincus Llcwarburg Pincus (E.... On average, WEX Inc executives and independent directors trade stock every 8 days with the average trade being worth of $5,533,248. The most recent stock trade was executed by Robert Joseph Deshaies on 21 August 2024, trading 1,651 units of WEX stock currently worth $299,937.
wex inc. (nyse: wex) is a leading global provider of corporate payment solutions that enable its customers to manage their businesses more efficiently, with enhanced security and greater control over their costs. from its roots in fleet card payments beginning in 1983, wex has expanded its scope to become a multi-channel provider of corporate payment solutions with millions of cardholders across several growing market sectors including travel, health care and employee benefits. our focus is on providing exceptional payment security and control for a vast spectrum of payment sectors while delivering an exceptional experience so that our customers – whether large or small – can operate efficiently, securely and profitably. the company has operations in north and south america, europe, australia, new zealand, and asia, and employs more than 2,000 associates. for more information about wex, please visit www.wexinc.com.
WEX Inc executives and other stock owners filed with the SEC include: