SafeCard Services Appoints Paul F. Walsh as President and CEO of Wright Express Corp.

Wright Express Corp., a subsidiary of SafeCard Services, Inc., has named Paul F. Walsh as its new president and CEO, effective February 1. Walsh, a seasoned executive with a 21-year career in banking and financial services, brings a wealth of experience to the role. He previously held senior management positions at Banc One Corporation, where he was responsible for integrating and growing its investor services and non-banking affiliates. Walsh's appointment follows Wright Express' aggressive growth and market leadership in the information processing, financial, and information management services for commercial car, van, and truck fleets.

Key Takeaways:

  • Paul F. Walsh, a 45-year-old executive with a 21-year career in banking and financial services, has been appointed president and CEO of Wright Express Corp.
  • Walsh previously held senior management positions at Banc One Corporation, where he was responsible for integrating and growing its investor services and non-banking affiliates.
  • Wright Express is the leading provider of information processing, financial, and information management services to commercial car, van, and truck fleets throughout the U.S.
  • SafeCard Services, the parent company of Wright Express, serves 13 million customers with more than 150 credit card issuers.
  • Walsh will report to John R. Birk, president and chief operating officer of SafeCard Services.
  • Walsh has a proven track record of innovation and business growth, demonstrated by his achievements at Banc One Corporation and other previous roles.

Statistics:

  • Wright Express Corp. serves commercial car, van, and truck fleets throughout the U.S.
  • SafeCard Services serves 13 million customers with more than 150 credit card issuers.
  • Paul F. Walsh has a 21-year career in banking and financial services.
  • Wright Express is the leading provider of information processing, financial, and information management services for a specific market segment.

Sources:

  • Cheyenne, Wy., Jan. 31 /PRNewswire/
  • SafeCard Services, Inc. (NYSE: SSI)