Impactive Capital Nominates Four Directors in Push for Change at WEX Inc

Reuters

Feb 09

Impactive Capital Nominates Four Directors in Push for Change at WEX Inc

Impactive Capital, LP, one of the largest shareholders of WEX Inc. with an approximately 5% ownership stake, has nominated four candidates—Kurt Adams, Ellen Alemany, Ken Cornick, and Lauren Taylor Wolfe—for election to the WEX Board of Directors at the company’s upcoming 2026 annual meeting of stockholders. Impactive Capital has expressed concerns about WEX’s operating performance, citing underperformance relative to its peer Corpay and the S&P MidCap 400 index. The firm has criticized the current board for pursuing mergers and acquisitions with questionable strategic fit and for approving internal investments that have not generated quantifiable returns. Impactive Capital’s nominees are presented as independent directors with expertise in fintech, technology, finance, investment management, and corporate governance, with the stated goal of improving oversight and unlocking shareholder value at WEX.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WEX Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260209248881) on February 09, 2026, and is solely responsible for the information contained therein.

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Impactive Capital has expressed concerns about WEX’s operating performance, citing underperformance relative to its peer Corpay and the S&P MidCap 400 index. The firm has criticized the current board for pursuing mergers and acquisitions with questionable strategic fit and for approving internal investments that have not generated quantifiable returns. Impactive Capital’s nominees are presented as independent directors with expertise in fintech, technology, finance, investment management, and corporate governance, with the stated goal of improving oversight and unlocking shareholder value at WEX.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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