Western Union Management
Management criteria checks 1/4
Western Union's CEO is Devin McGranahan, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is $9.97M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth $3.52M. The average tenure of the management team and the board of directors is 1.9 years and 5.8 years respectively.
Key information
Devin McGranahan
Chief executive officer
US$10.0m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.08% |
| Management average tenure | 1.9yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Western Union (NYSE:WU) Will Pay A Dividend Of $0.235
Feb 23
The Western Union Company's (NYSE:WU) Low P/E No Reason For Excitement
Jan 25Western Union's Return To Sustainable Growth Is A Significant Catalyst For Gains In 2024 And Ahead
Jan 15Western Union: Value Play Or Value Trap?
Nov 06Western Union (NYSE:WU) Has Affirmed Its Dividend Of $0.235
Sep 08Western Union: Significant Potential Or Irrelevant Relic?
Aug 29Western Union (NYSE:WU) Will Pay A Dividend Of $0.235
Aug 25Western Union: Buy A Payments Industry Leader With 8% Dividend Yield
Aug 07Western Union (NYSE:WU) Is Due To Pay A Dividend Of $0.235
Aug 06Western Union: 15% Upside Potential On Improving Transaction Trends
Jul 28Western Union (NYSE:WU) Will Pay A Dividend Of $0.235
Jul 23Western Union: Now Is The Right Time To Buy
Jun 24Western Union (NYSE:WU) Has Announced A Dividend Of $0.235
May 31Western Union and Regions Bank renews agreement for global money transfer
Feb 22Western Union Q4 2022 Earnings Preview
Feb 06Western Union names Matthew Cagwin as CFO
Jan 25Is The Western Union Company (NYSE:WU) Potentially Undervalued?
Jan 24Are Investors Undervaluing The Western Union Company (NYSE:WU) By 48%?
Jan 04Western Union (NYSE:WU) Is Paying Out A Dividend Of $0.235
Dec 12Western Union sees 2023 earnings below consensus, maps out growth plan
Oct 20Western Union: Fintech Titan With A Latin American Opportunity
Oct 13Western Union introduces international money transfers for Weixin users in China
Sep 29Western Union (NYSE:WU) Has Affirmed Its Dividend Of $0.235
Sep 15Western Union to launch in Latin America with Brazil-based Te Enviei acquisition
Sep 12Western Union (NYSE:WU) Is Paying Out A Dividend Of $0.235
Sep 01Western Union (NYSE:WU) Will Pay A Dividend Of $0.235
Aug 18Western Union announces departure of CFO Raj Agrawal
Aug 16Western Union (NYSE:WU) Is Due To Pay A Dividend Of $0.235
Aug 04Is It Time To Consider Buying The Western Union Company (NYSE:WU)?
Jul 11Western Union: Fintech Trailblazer That Has Lost Its Star Power
Jun 10Western Union (NYSE:WU) Has Affirmed Its Dividend Of US$0.23
May 23Western Union Cannot Respond To The Disruptive Forces Upending Its Moat
Apr 07Why The Western Union Company (NYSE:WU) Could Be Worth Watching
Apr 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$617m |
| Dec 31 2023 | US$10m | US$1m | US$626m |
| Sep 30 2023 | n/a | n/a | US$748m |
| Jun 30 2023 | n/a | n/a | US$751m |
| Mar 31 2023 | n/a | n/a | US$769m |
| Dec 31 2022 | US$7m | US$1m | US$911m |
| Sep 30 2022 | n/a | n/a | US$830m |
| Jun 30 2022 | n/a | n/a | US$889m |
| Mar 31 2022 | n/a | n/a | US$917m |
| Dec 31 2021 | US$14m | US$17k | US$806m |
Compensation vs Market: Devin's total compensation ($USD9.97M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Devin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Devin McGranahan (53 yo)
2.4yrs
Tenure
US$9,966,900
Compensation
Mr. Devin B. McGranahan serves as Chief Executive Officer at Western Union International Bank GmbH. He has been President, Chief Executive Officer of The Western Union Company since December 27, 2021 and s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$9.97m | 0.078% $ 3.5m | |
| Executive VP & CFO | 1.7yrs | US$2.74m | 0.011% $ 475.0k | |
| Executive VP & Chief Operations Officer | 2.1yrs | US$1.94m | 0.0053% $ 242.0k | |
| Executive VP & Chief Legal Officer | 1.9yrs | US$1.80m | 0.0085% $ 383.1k | |
| President of Europe & Africa | 2.1yrs | US$1.66m | 0.025% $ 1.1m | |
| Chief Accounting Officer & Controller | 4.2yrs | no data | 0.0072% $ 325.2k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP and Chief Risk & Compliance Officer | 1.8yrs | no data | 0.014% $ 625.2k | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Head of Asia Pacific | no data | no data | no data |
1.9yrs
Average Tenure
52.5yo
Average Age
Experienced Management: WU's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$9.97m | 0.078% $ 3.5m | |
| Independent Non-Executive Chairman of the Board | 9yrs | US$485.00k | 0.0036% $ 164.2k | |
| Independent Director | 11.8yrs | US$270.00k | 0.0075% $ 340.6k | |
| Independent Director | 17.7yrs | US$313.50k | 0.0015% $ 66.9k | |
| Independent Director | 17.7yrs | US$280.00k | 0.0030% $ 134.8k | |
| Independent Director | 8.8yrs | US$275.00k | 0.013% $ 587.2k | |
| Independent Director | 4.4yrs | US$310.00k | 0.0091% $ 409.8k | |
| Independent Director | 4.2yrs | US$290.00k | 0.011% $ 499.4k | |
| Independent Director | less than a year | US$13.40k | no data | |
| Independent Director | 5.8yrs | US$274.50k | 0.0020% $ 89.6k | |
| Independent Director | less than a year | US$74.00k | no data |
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: WU's board of directors are considered experienced (5.8 years average tenure).