WEX Elects Jim Groch, Chief Investment Officer and Global Group President of CBRE Group, to its Board of Directors
Summary
Mr. Groch has served as a senior C-suite executive at CBRE for over a decade and at Trammell Crow Company before that. “He brings extensive leadership, finance and M&A experience, including having led the acquisition of more than 90 companies while at CBRE.” Mr. Groch currently serves as CBRE’s Chief Investment Officer and Global Group President. Mr. Groch became Trammell Crow Company’s youngest partner in 1988, three years after joining the company at age 23. Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX fleet cards offer 14.9 million vehicles exceptional payment security and control; purchase volume in travel and corporate solutions grew to $39.6 billion in 2019; and the WEX Health financial technology platform helps 390,000 employers and 31.8 million consumers better manage healthcare expenses.