Impactive Capital relases presentation outlining case for WEX boardroom change

Impactive Capital, together with its affiliates, is one of the largest shareholders of WEX (WEX) with an ownership interest of approximately 4.9%. The firm said, “Impactive released an investor presentation outlining the case for boardroom change following years of sustained underperformance, value-destructive M&A, and poor corporate governance at WEX. The presentation highlights how Impactive’s highly qualified nominees – Kurt Adams, Ellen Alemany and Lauren Taylor Wolfe – can bring relevant experience and a strong ownership mindset to help position WEX to realize its full value potential.”