WEX Inc.

Earnings per share were 15.1% higher than the same period a year earlier and above the $3.9.1 per share consensus estimate of analysts polled by Zacks Investment Research.

A roundup of new hires, promotions and achievements at businesses, nonprofits, health care operations and professional services firms in Maine.

In this role, Sandy Kuohn will lead WEX’s global people strategy, aligning talent, culture and organizational capabilities to advance the company’s strategy and focus on disciplined growth. 

WEX is Maine's second-largest publicly traded company, after IDEXX Laboratories Inc.

Over the last four quarters, the company has surpassed consensus earnings per share estimates three times.

Nearly 1,200 workers in the state’s coastal communities were laid off in 2024, largely in the retail, food service and manufacturing sectors.

Impactive Capital LP, a New York-based hedge fund and 7% shareholder in WEX, aims to replace three WEX board members and nominate four of its own unless WEX changes course before next year's annual meeting.

Developers proposing a year-round, live-music venue expect to fill a hole as a mid-size platform for local and regional artists and serve as a feeder to the area’s larger showcases.

The revenue decrease includes an $8.5 million unfavorable impact from fuel prices and spreads and a $2.5 million unfavorable impact from foreign exchange rates, the Portland-based financial services technology provider said.

Drivers can now use WEX's 10-4 fuel-discount app at eight Maine Circle K locations and others nationwide under a multi-year contract renewal.