Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Melissa D. Smith earned $20.44M in total compensation at WEX, including $854.81K salary and $19.45M in stock. Most recently sold 13,000 shares in Feb 2024. Currently holds stock worth $17.07M. Has donated $4.23M in stock to charitable causes. Led WEX as CEO for 8 years.

Compensation History

Annual executive compensation data for Melissa D. Smith, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$20.44M

Salary

$854.81K

Bonus

$0.00

Other

$140.55K

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 Compensation

$140.55K

Board Justification

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

Restricted Stock

$19.45M118.83K 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.

W

Melissa D. Smith

Ex-CEO of WEX

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1970 - 55 years ago

CEO of WEX for

8 years 3 months (Jan 2014 - Apr 2022)

Previous Experience

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

Holdings

Track Melissa D. Smith's stock holdings and portfolio value over time.

Total Stock Sold

$61.66M

WEX

$61.66M

302,323 WEX shares

What if they kept their stock?

If Melissa D. Smith didn't sell their stock, today they would have:
Extra WEX302,323 shares worth $46.50M.
This is -24.59% and $15.16M less than what they got when they sold the stock.

Charitable Transactions

WEX

27,485 shares

WEX

Recent Charitable Transactions

WEX

1,126 shares

WEX

Mar 1, 2024

Charity

WEX

1,250 shares

WEX

Mar 2, 2023

Charity

WEX

19,531 shares

WEX

Dec 31, 2022

Charity

WEX

5,078 shares

WEX

Jun 24, 2022

Charity

WEX

500 shares

WEX

Aug 8, 2018

Charity

Insider Trading

Melissa D. Smith's recent stock transactions, purchases, and sales filed with the SEC.

WEX

1,126 shares

WEX

Mar 1, 2024

Charity

WEX

$2.89M

WEX at $222.33/share

Feb 16, 2024

Sale

WEX

$8.43M

WEX at $205.00/share

Jan 22, 2024

Sale

WEX

$8.02M

WEX at $195.00/share

Jul 13, 2023

Sale

WEX

14,051 shares

WEX

Jun 26, 2023

Received

WEX

1,250 shares

WEX

Mar 2, 2023

Charity

WEX

19,531 shares

WEX

Dec 31, 2022

Charity

WEX

5,078 shares

WEX

Jun 24, 2022

Charity

WEX

$10.02M

WEX at $230.00/share

Apr 15, 2021

Sale

WEX

$9.58M

WEX at $220.00/share

Apr 7, 2021

Sale

Rivals

Compare Melissa D. Smith with competitor CEOs and industry peers.