DALLAS, March 9, 2016 /PRNewswire/ -- MoneyGram
International (NASDAQ: MGI), today announced Michael P. Rafferty, 61, has been elected to the
MoneyGram Board of Directors, effective March 7, 2016. Mr. Rafferty has been appointed to
serve on the board's audit committee. This brings the total number
of MoneyGram directors to 10, six of whom are independent.
"We believe Mike Rafferty is an
excellent addition to our Board," said Pam
Patsley, MoneyGram's executive chairman. "His accounting
expertise, global perspective and extensive experience in the
financial services industry make him an asset for MoneyGram. We
know his contributions as a director will be invaluable."
Rafferty is a 38-year veteran of Ernst & Young LLP, a
multinational public accounting firm, where he primarily served as
an audit partner assisting clients in the financial services and
healthcare industries. He was admitted as a partner of the firm in
1988, and served as the audit practice leader for the Southwest
Region from 2004 until his retirement from the company in 2013.
Rafferty currently serves as a director and chairman of the
audit committee of Triumph Bancorp, Inc., a financial holding
company with a diversified line of community banking, commercial
finance and asset management activities.
Mr. Rafferty graduated with a Bachelor of Science degree in
accounting from the University of New
Orleans. He is a certified public accountant and is licensed
in Texas.
#moneygramnews
About MoneyGram International, Inc.
MoneyGram is a
global provider of innovative money transfer and payment services
and is recognized worldwide as a financial connection to friends
and family. Whether online, or through a mobile device, at a kiosk
or in a local store, we connect consumers any way that is
convenient for them. We also provide bill payment services, issue
money orders and process official checks in select markets. More
information about MoneyGram International, Inc. is available at
moneygram.com.
Media Contact:
Michelle
Buckalew
media@moneygram.com
214-979-1418
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SOURCE MoneyGram