secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001157523-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX raises Q4 and FY 2021 guidance; CFO Simon resigns, Kimball appointed interim CFO
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- CFO Roberto Simon resigned effective Dec 31, 2021 to pursue another opportunity; no disagreement, will advise through April 2022.
- Jennifer Kimball (current CAO) named Interim CFO effective Jan 1, 2022; remains CAO; base salary of $400,000 plus bonus and RSU grant.
- Q4 2021 revenue guidance raised to $485-$495M; adjusted EPS $2.45-$2.55 per diluted share.
- Full year 2021 revenue guidance raised to $1.838-$1.848B; adjusted EPS $9.01-$9.11 per diluted share.
- Company has initiated a search for a permanent CFO with Heidrick & Struggles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000007/0001157523-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000007/a52557193.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000007

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