Manager Management

Frank Douglass, CTP

** ******* ****, *********, *****, 04011 207-***-****

*****.******.********@*****.***

Career Summary

Solid record of over 15 years of progressive responsibility as an

innovative finance/banking leader. History of integrating processes,

information and technology to create controls, efficiencies and significant

cost savings. Strong database architecture knowledge enabling unique

information gathering and utilization. Sought out within organizations to

build and maintain financial programs. Broad domestic and international

experience in financing, cash management and all aspects of treasury

services.

Employment History

WEX Inc. (Formerly Wright Express Corporation) 1999 - Present

(NYSE: WEX - Financial transaction processing company with focus on the

fleet fueling industry)

Assistant Treasurer, 2010 - Present

. Responsible for hedging program, liquidity and capital structure

management, credit facility compliance, bank relationships, share

repurchase program, corporate philanthropy, international Treasury

operations

. Member of M&A team responsible for funding readiness, pre-M&A cash and

Treasury assessment and post-M&A cash and Treasury controls (3

acquisitions in 2012 totaling more than $350 million)

. Design and manage global account structure and cash controls (featured

in recent Wells Fargo promotional video on global account management)

. Redesigned global insurance program, expanding coverage to meet

growing risk profile

. Extensive experience in finance, including negotiating two 5-year

multicurrency credit facilities ($900 million and $1.1 billion),

managing rating agency relationships and a $400 million first time

bond issue

. Responsible for international securitization program development

. Created and continue to develop formal corporate philanthropy program

that maximizes gift impact and corporate visibility within business

and local/state communities

Treasury Manager, 2007 - 2010

. Developed and implemented cash management operations for annual $17

billion cash flow while building internal audit and SOX-compliance

controls

. Responsibility for capital structure strategy and execution, defining

medium- and long-term uses of cash for a newly-listed public company

. Management of $450 million debt facility including company-wide

covenant compliance

. Managed relationships with 17 financial institutions, including

foreign and investment banks

. Responsibility for $180 million hedging programs to minimize interest,

foreign exchange and commodities exposure

. Designed/executed $150 million share repurchase and $10 million

preferred share redemption programs

. Designed and developed proprietary Treasury Workstation to automate

daily cash positioning, bank reconciliation, and risk management

tracking

. Developed Finance policies, procedures and controls ensuring best

operational practices and early completion of month- and quarter-end

close Treasury responsibilities

. Led Treasury staff of seven employees

. Finance subject matter expert for cross-functional teams

Cash Manager, 2005 - 2007

. Supervised medium- and long-term cash forecasting to minimize interest

expense, establish debt targets and provide interest expense

visibility for P&L

. Managed all modes of payment collection, seeking optimal tools for

collecting cash with fewer staff, greater accuracy and realizing cost

savings

. Oversaw working capital management to provide short-term liquidity

forecasting and daily borrowing/repayment operations

. Prepared reporting on cash management effectiveness

. Managed bank relationships for both cash management and corporate

borrowing

Manager, Roadsmith & ADS Operations (Stand-alone fleet fueling programs),

2003 - 2005

. Integrated stand alone programs with core WEX business

. Responsible for every aspect of independent platform card programs

including implementation, credit management, service delivery,

transaction/payment processing and billing & collections

Roadsmith Implementation and Service Delivery Manager, 2002 - 2003

. Migrated newly acquired business from Houston to Maine over a four-

month period

. Designed and tracked performance metrics

. Created program documentation including project plans and

user/training guides

Finance Accounts Receivable Team Leader, 2000 - 2002

. Responsible for nine-person A/R team that maintained six portfolios on

two sets of A/R software

. Redesigned A/R portfolio reporting package and lockbox audit

. Created on-line database providing lockbox/payment information

directly to collection departments significantly streamlining payment

reconciliation

Finance Accounting Section Research, 1999 - 2000

. Provided A/R portfolio research and other services

Japanese / English Translation Contractor 1997 - 2002

. Provided translation services with concentration in banking and fine

arts

The Daiwa Bank, Ltd. 1989 - 1997

Senior Manager, General Affairs Department, Hong Kong Branch, 1996 -

1997

. Oversaw A/P and payroll for 100+ staff

. Managed recruitment at all levels including negotiations for letters

of offer, terminations, final payments, etc.

. Securities Custodian for $400 million in collateral

. Acted as Liaison with HKMA (Hong Kong Regulatory Authority)

Assistant Vice President, Business Promotion (Japanese Corp.), New York

Branch, 1993 - 1996

. Managed a portfolio of 50+ companies with aggregate credit facilities

(mainly revolving lines of credit & currency related derivative

products) of over $500 million

. Responsible for customer contact, credit analysis and review of all

credit facilities within portfolio

Planning Section, International Planning Division (Tokyo), 1989 - 1993

. Planned, coordinated and hosted week-long banking seminars and

meetings between top management from Asia-Pacific region banks

. Developed in-house communication programs for overseas local staff

Education

University of Phoenix, MBA in Technology Management, 2007

University of Washington, BA, International Studies, 1987

International Christian University, Languages Major, Tokyo, Japan, 1986

Professional and Personal Development/Certification/Experience

CTP, Certified Treasury Professional

Board Member, Maine Philanthropy Center

Board Member, VP, Portland Chamber Music Festival

Member, Treasury Management Association of New England and Association for

Financial Professionals

Presenter, 2011 AFP, 2012 TMANE, 2012 NY Cash Exchange and 2013 AFP Annual

Conferences

Member, BMO Harris Bank Global Treasury Management Client Advisory Council

Chair, WEX Giving Committee (employee-based philanthropy arm of WEX Inc.)

Study master classes in fused art glass

Software Skills

MS Office Suite with advanced Excel modeling skills, PeopleSoft A/R & G/L

modules, Numerix LiquidAssets, Thomson Reuters Eikon & Eikon Excel

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