Fuels

Wright Express Promotes Iverson to President of Pacific Pride

Succeeds the retiring Condon effective August 1
SOUTH PORTLAND, Maine -- Wright Express Corp. has announced that Gregory D. Iverson has been promoted to president of Pacific Pride Services, effective Aug. 1, 2010. Pacific Pride is a wholly owned subsidiary of Wright Express Corp. Iverson will succeed Cindy Condon, who will retire from the company on July 31, 2010, after serving in the position since 2008.

"Cindy Condon is an original, founding member of the Pacific Pride team, having joined the company when it was formed in 1984," said David D. Maxsimic, executive vice president of sales and marketing at Wright Express. "[image-nocss] She leaves the Wright Express family with an outstanding legacy in the management and administration of all franchise activity, new product and services design and high-performance results. She's done a terrific job, and we wish her all the best."

Iverson joined Pacific Pride in January 2010 as vice president of administration and operations where he was responsible for managing Pacific Pride's administration, operations and card services departments as well as strategic and tactical planning.

"We look forward to seeing Greg leverage his broad experience and in-depth knowledge of both our business and our market, in directing this crucial part of our organization," Maxsimic said. "I am confident that he will provide the leadership we need to extend Pacific Pride's record of growth and continue to provide best-in-class service to our customers."

Prior to joining Wright Express, Iverson served at Sinclair Oil Corp. as the manager of fleet, lubricant and truckstop marketing with responsibility for marketing those products in Sinclair's 22-state area. He formerly was president and owner of Business Results Management, a Salt Lake City marketing, customer service and process management consulting company whose clients included Sinclair Oil, Little America Hotels, Morinda and PPI.

South Portland, Maine-based Wright Express is a leading global provider of payment processing and information management services. It captures and combines transaction information from its proprietary network with specialized analytical tools and purchasing control capabilities in a suite of solutions that enable fleets to manage their vehicles more effectively. The company's charge cards are used by commercial and government fleets to purchase fuel and maintenance services for approximately 4.6 million vehicles.
Wright Express markets its services directly to fleets and as an outsourcing partner for its strategic relationships and franchisees. Its business portfolio includes a MasterCard-branded corporate card as well as TelaPoint, a provider of supply-chain software solutions for petroleum distributors and retailers, and Pacific Pride, an independent fuel distributor franchisee network, as well as international subsidiaries.

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