0000950170-22-017479.txt : 20220816 0000950170-22-017479.hdr.sgml : 20220816 20220816081105 ACCESSION NUMBER: 0000950170-22-017479 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220811 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220816 DATE AS OF CHANGE: 20220816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Western Union CO CENTRAL INDEX KEY: 0001365135 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 204531180 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32903 FILM NUMBER: 221168542 BUSINESS ADDRESS: STREET 1: 7001 EAST BELLEVIEW AVENUE CITY: DENVER STATE: CO ZIP: 80237 BUSINESS PHONE: (866) 405-5012 MAIL ADDRESS: STREET 1: 7001 EAST BELLEVIEW AVENUE CITY: DENVER STATE: CO ZIP: 80237 8-K 1 wu-20220811.htm 8-K 8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 11, 2022

 

 

THE WESTERN UNION COMPANY

(Exact name of registrant as specified in its charter)

 

 

Delaware

001-32903

20-4531180

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

7001 East Belleview Avenue

 

Denver, Colorado

 

80237

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: 866 405-5012

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

 

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 

 

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

 

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $0.01 Par Value

 

WU

 

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 


 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(b)

 

On August 11, 2022, Raj Agrawal, Chief Financial Officer of The Western Union Company (the “Company”), notified the Company of his decision to resign from his position to pursue other business opportunities. Mr. Agrawal will remain with the Company until September 2, 2022. The Company intends to initiate a process to appoint a successor.

 

On August 16, 2022, the Company issued a press release regarding the foregoing matter. The press release is attached hereto as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits.

 

 

 

Exhibit

Number

Description of Exhibit

 

 

99.1

Press Release issued by The Western Union Company on August 16, 2022

 

101

Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

Dated: August 16, 2022

 

THE WESTERN UNION COMPANY

 

 

By:

/s/ DARREN A. DRAGOVICH

 

 

Name:

Darren A. Dragovich

 

 

Title:

Vice President and Assistant Secretary

 

 

 


EX-99.1 2 wu-ex99_1.htm EX-99.1 EX-99.1

Exhibit 99.1

img228933575_0.jpg 

 

 

Western Union Announces Departure of Chief Financial Officer, Raj Agrawal

 

 

 

DENVER, AUGUST 16, 2022 – The Western Union Company (NYSE: WU) announces the departure of Raj Agrawal, Chief Financial Officer (CFO). After a 16-year tenure at Western Union, Agrawal is moving to Arrow Electronics to serve as its Chief Financial Officer. He will leave Western Union September 2, 2022.

 

“On behalf of my Executive Team, our Board of Directors, and our employees, I’d like to express my sincere gratitude to Raj for his 16 years of service to Western Union, and on a personal level, for his partnership since my arrival in late 2021,” said Devin McGranahan, President and Chief Executive Officer of Western Union. “Raj has been an integral part of our executive leadership team, and we wish him the very best as he begins his next chapter,” concluded McGranahan.

 

“My time at Western Union has been rewarding both personally and professionally. It has allowed me to pursue a variety of roles from Treasurer to leading finance for the EMEA/APAC region. It ultimately allowed me to progress from leading our former Business Solutions segment to, most recently, leading the global finance organization,” said Agrawal. “It has been an honor to work alongside so many exceptional people over the course of my tenure with the company, and I look forward to watching the next chapter of this iconic company.”

 

Western Union is launching a comprehensive internal and external search process to identify a new CFO and will name an interim successor, effective upon Agrawal’s departure, within the next two weeks.

 

 

 

WU-G

# # #

 

About Western Union

 

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and approximately 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

 

 

Media contacts:

 

Contacts:

 

Media Relations:

Claire Treacy

Media@westernunion.com

1


 

 

Investor Relations:

Tom Hadley

WesternUnion.IR@westernunion.com

 

 

 

 

2


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Document And Entity Information
Aug. 11, 2022
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 11, 2022
Entity Registrant Name THE WESTERN UNION COMPANY
Entity Central Index Key 0001365135
Entity Emerging Growth Company false
Entity File Number 001-32903
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 20-4531180
Entity Address, Address Line One 7001 East Belleview Avenue
Entity Address, City or Town Denver
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80237
City Area Code 866
Local Phone Number 405-5012
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.01 Par Value
Trading Symbol WU
Security Exchange Name NYSE
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