Western Union Management
Management criteria checks 1/4
Western Union's CEO is Devin McGranahan, appointed in Dec 2021, has a tenure of 2.33 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 MX$60.73M. The average tenure of the management team and the board of directors is 1.8 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 | 2.3yrs |
| CEO ownership | 0.08% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO 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 MX market ($USD1.50M).
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)
2.3yrs
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 | 2.3yrs | US$9.97m | 0.078% $ 60.7m | |
| Executive VP & CFO | 1.6yrs | US$2.74m | 0.011% $ 8.2m | |
| Executive VP & Chief Operations Officer | 2yrs | US$1.94m | 0.0053% $ 4.2m | |
| Executive VP & Chief Legal Officer | 1.8yrs | US$1.80m | 0.0085% $ 6.6m | |
| President of Europe & Africa | 2yrs | US$1.66m | 0.025% $ 19.8m | |
| Chief Accounting Officer & Controller | 4.1yrs | no data | 0.0072% $ 5.6m | |
| Chief Technology Officer | less than a year | no data | no data | |
| Senior VP | 6.1yrs | no data | no data | |
| Executive VP and Chief Risk & Compliance Officer | 1.7yrs | no data | 0.014% $ 10.8m | |
| 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 |
1.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: WU *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$9.97m | 0.078% $ 60.7m | |
| Independent Non-Executive Chairman of the Board | 8.9yrs | US$485.00k | 0.0036% $ 2.8m | |
| Independent Director | 11.8yrs | US$270.00k | 0.0075% $ 5.9m | |
| Independent Director | 17.6yrs | US$313.50k | 0.0015% $ 1.2m | |
| Independent Director | 17.6yrs | US$280.00k | 0.0030% $ 2.3m | |
| Independent Director | 8.8yrs | US$275.00k | 0.013% $ 10.1m | |
| Independent Director | 4.3yrs | US$310.00k | 0.0091% $ 7.1m | |
| Independent Director | 4.1yrs | US$290.00k | 0.011% $ 8.6m | |
| Independent Director | less than a year | US$13.40k | no data | |
| Independent Director | 5.8yrs | US$274.50k | 0.0020% $ 1.5m | |
| 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).