WEX Inc. announced the appointment of Jay Dearborn as Chief Strategy Officer, effective immediately. In this newly created role, Dearborn will drive both strategy and operational planning across the organization. He will also be responsible for end-to-end M&A activities, including deal origination, execution, and integration, as well as government affairs and external communications.

As Chief Strategy Officer, Dearborn will continue to report directly to Ms. Smith and will remain on the Executive Leadership Team. He brings a wealth of strategy, payments, and operating experience to the role, having successfully rearchitected WEX's corporate payments product set, opened new markets, and skillfully navigated the impact of COVID-19 on WEX's travel business. Dearborn has led WEX's Corporate Payments business and served on its Executive Leadership Team in the role of President, Corporate Payments since 2017.

Prior to joining WEX in 2016 as Vice President of Corporate Strategy, Dearborn was a Partner at global management consulting firm McKinsey & Company, where he split his time serving organizations across both sides of the Atlantic. Dearborn holds an MBA and a bachelor's degree from the University of Pennsylvania's Wharton School. He also has a master's degree in law and diplomacy from Tufts University's Fletcher School.