Wright Express Corp. has changed its name to WEX to reflect the company’s transformation into an international business. The company will continue to be listed on the New York Stock Exchange under the ticker WXS.
Wright Express produces physical, digital and virtual corporate card payment solutions and fleet cards.
“Today begins a new chapter in our company’s evolution with the launch of our new, international brand, WEX Inc. This new brand is built on a foundational set of company values ― integrity, innovation and execution ― that have remained constant as we have grown,” said Michael E. Dubyak, chairman, president & CEO of WEX. “Over the last 30 years, we have achieved a leadership position in the rapidly changing corporate payments industry through our passion to deliver precision solutions, combined with our persistence in delivering an exceptional customer experience. The ongoing execution of our growth strategy further enables WEX Inc. to diversify its business and expand our international footprint, while maintaining our focus on expanding our core Americas’ fleet business.”
Revenues for the company exceeded $553 million in 2011.