Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - WEX Inc. | wex20201231ex322.htm |
EX-32.1 - EX-32.1 - WEX Inc. | wex20201231ex321.htm |
EX-31.2 - EX-31.2 - WEX Inc. | wex20201231ex312.htm |
EX-31.1 - EX-31.1 - WEX Inc. | wex20201231ex311.htm |
EX-23.1 - EX-23.1 - WEX Inc. | wex20201231ex231.htm |
EX-21.1 - EX-21.1 - WEX Inc. | wex20201231ex211.htm |
EX-10.65 - EX-10.65 - WEX Inc. | wex20201231ex1065.htm |
10-K - 10-K - WEX Inc. | wex-20201231.htm |
Exhibit 10.64
To: Robert Deshaies
From: Melissa Smith
Date: Sept 6, 2019
Subject: Promotion to President, WEX Health
Robert, First I want to congratulate you on this exciting opportunity! I look forward to you leading WEX Health and becoming an instrumental part of my Executive Leadership Team. I also would like to share the following details regarding your revised 2019 Target Compensation:
Revised 2019 Target Compensation
Annual Base Salary: $425,000
STIP/Bonus Target %: 75% (increased from 55%)
Proposed LTIP Target*: $850,000 paid typically in March 2020 Target Total Direct Compensation: $1,593,750
In addition, We will provide the following supplemental awards to bridge your current year and provide funds to help defray cost of temporary housing for 1 year. We will revisit relocation needs for you and your family and evaluate options in 2020.
One-time Items
2019 PSU Award $300,000
Cash Award $50,000 subject to applicable taxes paid in (4 installments) quarterly beginning in 1/1/2020
On behalf of myself and the Board of Directors, I would like to sincerely express how excited we are to have you join the Executive Leadership Team!
* WEX Equity/LTIP grant value is proposed pending final WEX Board Approval; the award amount could change pending 2019 financial results and final approval.