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Western Union Co. (WU)

On Feb 9: 16.14 USD  Down 0.02 (0.12%)  
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Western Union Co.
12500 East Belford Avenue
Englewood, CO 80112
Phone: 866-405-5012
Fax: 720-332-4753
Web Site: http://www.westernunion.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Services
Industry: Personal Services
Employees (last reported count): 5,900

BUSINESS SUMMARY
The Western Union Company provides a range of money transfer and bill payment services worldwide. It offers various consumer-to-consumer money transfer services, primarily through a network of third-party agents using multi-currency and real-time money transfer processing systems. Its consumer-to-consumer money transfer services primarily include walk-in money transfer services, online money transfer services, and telephone money transfer services. The company also provides a range of consumer-to-business payment services, which enables payments to various organizations that receive consumer payments, including utilities, auto finance companies, mortgage servicers, financial service providers, and governmental agencies. Its consumer-to-business services primarily include electronic payments that enable consumer payments to various entities using credit cards, debit cards, and ACH; Equity Accelerator service that enables consumers to make mortgage payments; Quick Collect service through which consumers send guaranteed funds to businesses and government agencies from various locations using cash and debit cards; Convenience Pay service, which enable payments to utilities and telecommunication providers using cash or checks; Quick Cash, a cash disbursement service used by businesses and government agencies to send money to employees or individuals. In addition, the company offers money order products and services; prepaid services; and top-up services for third parties that enables consumers to pay in advance for mobile phone and other services. As of December 31, 2006, the company offered its services through a network of approximately 300,000 agent locations in 200 countries and territories. The company was founded in 1851 and is headquartered in Englewood, Colorado.
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    OFFICERS
      Pay Exercised
    Mrs. Christina A. Gold , 60
    Chief Exec. Officer, Pres
    $ 2.26M $ 0
    Mr. Scott Scheirman , 45
    Chief Financial Officer and Exec. VP
    $ 517.00K $ 498.00K
    Mr. Guy A. Battista , 59
    Exec. VP and Pres of Western Union Financial Services Inc
    $ 1.56M $ 0
    Mr. Hikmet Ersek , 48
    Exec. VP of Europe/Middle East/Africa/South Asia and Managing Director of Europe/Middle East/Africa/South Asia
    $ 757.00K $ 0
    Mr. Ian Marsh , 55
    Exec. VP and Managing Director of Asia Pacific Region
    $ 366.00K $ 0
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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