Western Union Appoints Matthew Cagwin as Chief Financial Officer
January 25 2023 - 4:05PM
Business Wire
The Western Union Company (NYSE: WU) today announces the
appointment of Matthew (Matt) Cagwin as Chief Financial Officer
(CFO), effective January 20, 2023. Cagwin had served as the
Company’s interim CFO since September 2022.
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Matt Cagwin (Photo: Business Wire)
“Matt is a talented finance executive with broad knowledge of
payments and financial service,” said Devin McGranahan, President
and Chief Executive Officer of Western Union. “His in-depth
knowledge and experience will be a valuable asset to our company as
we focus on the execution of our strategy.”
Cagwin joined Western Union in July 2022 as Head of Financial
Planning and Analysis and was appointed interim Chief Financial
Officer two months later following the departure of the former CFO.
Prior to Western Union, Cagwin served as Senior Vice President,
Chief Financial Officer – Merchant Acceptance of Fiserv, Inc./First
Data Corporation from 2018, and as Senior Vice President, Corporate
Controller and Chief Accounting Officer of First Data from 2014 to
2018. Prior to joining Fiserv/First Data, Cagwin spent 10 years at
Coca-Cola Enterprises in various roles, with his last three years
as Vice President, European Controller and Strategic Initiatives,
based in London. He started his career in public accounting at
Arthur Andersen and KPMG.
“Western Union is at a pivotal inflection point, having
presented our vision for growth and transformation during our
recent Investor Day,” said Matt Cagwin. “I am honored to lead our
global finance organization as we seek to drive sustainable value
creation.”
Cagwin’s appointment adds to the new bench of talent Western
Union has assembled over the course of the past year as the Company
executes on its ‘Evolve 2025’ strategy.
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.
WU-G
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version on businesswire.com: https://www.businesswire.com/news/home/20230125005724/en/
Media Relations: Claire Treacy media@westernunion.com
Investor Relations: Tom Hadley
WesternUnion.IR@westernunion.com
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