|By Business Wire||
|March 18, 2014 04:00 PM EDT||
WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that Eric Duprat has been elected to the company’s Board of Directors. Mr. Duprat has more than 25 years of domestic and international experience in the mobile, security and payments industries, and is currently Chief Executive Officer of Verayo, a mobile security services turnaround firm in San Jose, California.
"Eric brings a significant vision to the Board with his blend of industry, technical and entrepreneurial expertise. With a strong background in international payments and technology, he will be a valuable contributor as WEX further globalizes its business and expands into new markets," commented Michael E. Dubyak, WEX Executive Chairman.
Prior to joining Verayo in 2011, Mr. Duprat was the General Manager of Mobile Payments at PayPal, an eBay company, during which PayPal's mobile payment business experienced tremendous growth. Prior to that, Mr. Duprat was Senior Vice President of Global Marketing at Hypercom, an industry leader in payment and networking systems. He spent eight years as a Director in Hewlett Packard’s VeriFone Division, both in European, Middle East and Africa (EMEA) Marketing and in the U.S.
Mr. Duprat is a graduate of the ISEP (Institut Supérieur d'Electronique de Paris) and has completed executive programs at Columbia Business School and INSEAD of Paris, France. He is fluent in English and French, and conversant in Spanish and Italian.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing more than 7.7 million cardholders and offering exceptional payment security and control across a wide spectrum of business sectors. The Company’s operations include WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, WEX Australia, WEX New Zealand and WEX Europe, as well as a majority equity position in UNIK S.A., Brazil. WEX and its subsidiaries employ more than 1,400 associates. For more information about WEX, please visit www.wexinc.com.