ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

David Foss, Former President and CEO of Jack Henry, Appointed to WEX Board of Directors

By: via Business Wire

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that David Foss has been appointed to its Board of Directors, effective November 3, 2025. Mr. Foss’s appointment is the result of an extensive search process with the assistance of an independent recruitment firm.

Mr. Foss brings over 30 years of leadership experience in financial services and financial technology to WEX, most recently as Chief Executive Officer of Jack Henry & Associates (NASDAQ: JKHY). He also has relevant public company board experience, currently serving as Chair of Jack Henry and as a Director of CNO Financial Group (NYSE: CNO).

“We are pleased to welcome Dave to the WEX Board,” said Melissa Smith, WEX’s Chair, CEO, and President. “Dave’s experience across financial services and technology, coupled with his tenure as a public company executive and board director, will be invaluable as we enter the next phase of growth and execute on our three strategic pillars: amplifying our core business, expanding our reach, and accelerating innovation. We remain committed to strong corporate governance and believe Dave’s expertise and fresh perspective will yield immediate contributions to the Board.”

“I’ve followed WEX for many years and know them as a terrific company that appears to be well positioned for further growth and success,” said Mr. Foss. “I look forward to working with the Board and executive team and applying my experience, as appropriate, to the challenges and opportunities at WEX on behalf of all shareholders.”

Mr. Foss is currently Chair of Jack Henry, a leading financial services technology company, and a member of the Board of Directors at CNO Financial Group, a nationwide life and health insurer and financial services provider. Mr. Foss served as President of Jack Henry from 2014 to 2022 and as Chief Executive Officer from 2016 until his retirement from that role in 2024. After orchestrating the sale of BancTec’s financial solutions division to Jack Henry in 1999, he served in a variety of leadership positions at Jack Henry and, among many other things, transformed a fragmented group of 17 acquired solutions providers into a single, branded division offering 250 integrated products at ProfitStars and oversaw the development of user-friendly tools to enable small businesses and non-profits to accept online payments. Earlier in his career, Mr. Foss held several key roles in the financial services sector at BancTec, Advanced Computer Systems, and NCR.

The appointment of Mr. Foss increases the size of the Board from 11 to 12 directors, 11 of whom, including Mr. Foss, are independent.

About WEX

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.