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WEX appoints president/CEO to be board chair

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WEX appoints president/CEO to be board chair

WEX Inc.'s board appointed Melissa Smith chair of the board, effective Sept. 12. Smith succeeds Michael Dubyak, who will continue to serve as a director.

Smith is the company's president and CEO and became a member of WEX's board in 2014.

Additionally, the board elected Jack VanWoerkom to be vice chair and lead independent director, effective Sept. 12. He succeeds Rowland Moriarty, who will continue to serve as a director.

VanWoerkom has been an independent director of WEX since 2005 and has more than 40 years of experience as a corporate adviser and counsel.

The company also announced the election of Stephen Smith to its board. Smith is the president and CEO of L.L.Bean Inc.