On April 27, 2026, Impactive Capital Master Fund LP announced that proxy advisory firms Institutional Shareholder Services Inc. (ISS), Glass Lewis, and Egan-Jones recommended shareholders vote for Impactive Capital nominees Kurt Adams and Lauren Taylor Wolfe, and withhold support on WEX Inc. directors Nancy Altobello and Stephen Smith. The recommendations highlight the need for greater independent oversight and shareholder representation in the Company boardroom. Impactive Capital urges shareholders to use the white proxy card to elect all 3 nominees.
WEX Inc. provides a global commerce platform, which simplifies the business of running a business. The Company has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.