0001193125-14-269832.txt : 20140716 0001193125-14-269832.hdr.sgml : 20140716 20140716080536 ACCESSION NUMBER: 0001193125-14-269832 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140715 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: 20140716 DATE AS OF CHANGE: 20140716 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: 14977057 BUSINESS ADDRESS: STREET 1: 12500 EAST BELFORD AVENUE CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: (720) 332-3361 MAIL ADDRESS: STREET 1: 12500 EAST BELFORD AVENUE CITY: ENGLEWOOD STATE: CO ZIP: 80112 8-K 1 d757203d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): July 15, 2014

 

 

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)

  (I.R.S. Employer
Identification No.)

12500 East Belford Avenue

Englewood, Colorado

  80112
(Address of principal executive offices)   (Zip Code)

(866) 405-5012

(Registrant’s telephone number, including area code)

N/A

(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 (see General Instruction A.2. below):

 

¨ 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))

 

 

 


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

(d)

On July 15, 2014, The Western Union Company (the “Company”) Board of Directors (the “Board”) voted to appoint Robert W. Selander to the Board and to the Compensation and Benefits and Compliance Committees of the Board, effective July 17, 2014.

There is no arrangement or understanding between Mr. Selander and any other persons pursuant to which Mr. Selander was selected as a director. There are no transactions involving Mr. Selander requiring disclosure under Item 404(a) of Regulation S-K.

Mr. Selander will receive the standard compensation received by the Company’s current non-employee directors, as discussed in the Company’s Proxy Statement dated April 2, 2014.

A copy of the press release announcing the appointment of Mr. Selander to the Board 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 Western Union on July 16, 2014


SIGNATURE

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.

 

    THE WESTERN UNION COMPANY
Dated: July 16, 2014     By:  

/s/ Darren A. Dragovich

   

Name:

Title:

 

Darren A. Dragovich

Assistant Secretary


EXHIBIT INDEX

 

Exhibit
Number

  

Description of Exhibit

99.1    Press Release issued by Western Union on July 16, 2014
EX-99.1 2 d757203dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

 

LOGO

Robert W. Selander Appointed to Western Union Board of Directors

ENGLEWOOD, Colo. – July 16, 2014 – The Western Union Company (NYSE: WU), a leader in global payment services, today announced that Robert W. Selander has been appointed to the company’s Board of Directors, effective July 17, 2014, to serve until the next annual election of directors in 2015.

Mr. Selander will serve on the Compensation and Benefits and Compliance Committees of the Board.

“Mr. Selander has extensive global business, leadership and financial services experience gained during more than 13 years as CEO of MasterCard and in senior positions at Citicorp and Citibank,” said Western Union President and Chief Executive Officer, Hikmet Ersek. “We are looking forward to the significant payments expertise that Mr. Selander brings to the table.”

Mr. Selander served as Executive Vice Chairman of MasterCard Incorporated and MasterCard International from July 2010 until December 2010. Previously, Mr. Selander was CEO of MasterCard Incorporated and MasterCard International from April 1997 until July 2010. In addition, until August 2009, Mr. Selander was President of MasterCard Incorporated and MasterCard International from June 2002 and April 1997, respectively.

Prior to his election as President and CEO of MasterCard International in April 1997, Mr. Selander was Executive Vice President and President of the MasterCard International Europe, Middle East, Africa and Canada regions.

Before joining MasterCard in 1994, Mr. Selander spent two decades with Citicorp and Citibank, N.A.

“We believe Mr. Selander will be an excellent addition to our Board,” said Jack M. Greenberg, Non-Executive Chairman of the Board of Western Union. “In addition to his experience as CEO of MasterCard, he also has substantial public company board experience, having served as a director of MasterCard and the Hartford Financial Services Group.”

# # #


About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of March 31, 2014, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs. In 2013, The Western Union Company completed 242 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 459 million business payments. For more information, visit www.westernunion.com.

Western Union Contacts:

 

Dan Díaz, Media

+1 (720) 332-5564

daniel.diaz@WesternUnion.com

  

Mike Salop, Investors

+1 (720) 332-8276

mike.salop@WesternUnion.com

WU-G, WU-F

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