Michael Dubyak is Chairman of WEX Inc., a leading provider of corporate payment solutions. From 1986 to 2013, Dubyak held executive management positions, including the last 15 years as President and CEO. His career at WEX spanned the Company’s nine years of venture capital ownership, five subsequent ownership changes and ultimately its Initial Public Offering in 2005. Dubyak has chronicled the story of the founding of WEX, initially known as Wright Express, in his book, The Road to Wexcellence, published by Amazon Digital.
Dubyak’s leadership and vision was instrumental in forming the strategy, infrastructure, and operating philosophy under which the Company continues to excel today. He guided a technological transformation of WEX, developed new market strategies and instituted aggressive growth and market leadership goals. Under Dubyak’s direction, WEX became a publicly traded organization in 2005 with an approximate market cap of $700 million. WEX’s current market cap is $8.13 billion.
Dubyak currently co-chairs FocusMaine, an economic initiative with a mission to create significant job growth across Maine. He has also chaired Educate Maine, a K-16-focused education attainment organization, was Chairman of the University of Southern Maine Board of Visitors, served on the board of the United Way of Greater Portland, the Executive Board of the Maine Chamber of Governor’s Council on Competitiveness and the Economy, the New England Advisory Council of the Boston Federal Reserve, the Center for Grieving Children Board of Directors and co-chaired its Capital Campaign.
Mike has a B.A. from Baldwin Wallace University. An avid world traveler, hiker, biker and kayaker, Mike and his wife, Denise, have navigated the Colorado River in a wooden dory, hiked 7 days to Machu Pichu, navigated the Antarctica and the Arctic on an ice cutter, and hiked over 75 miles in New Zealand, Patagonia, Ireland, and Bhutan.