Western Union Company filed SEC Form 8-K: Leadership Update
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(c)
On June 27, 2025, Barry Cooper was appointed Chief Accounting Officer of The Western Union Company (the “Company”), effective July 1, 2025. Mr. Cooper, age 58, served as Senior Vice President, Controller of Envestnet, Inc. since 2018, Senior Vice President, Controller of Echostar Corporation from 2014-2018, and Senior Vice President, Corporate Controller and Chief Accounting Officer of First Data Corporation from 2012-2014.
Mr. Cooper’s compensation arrangements will include (i) an initial annual base salary of $300,000 and (ii) an annual incentive award target opportunity of $350,000, apportioned as short-term cash incentive awards and equity awards. Mr. Cooper will also receive a sign-on grant of restricted stock units under the Company’s 2024 Long-Term Incentive Plan with a grant date fair value of $250,000.
There are no arrangements or understandings between Mr. Cooper and any person pursuant to which Mr. Cooper was appointed as Chief Accounting Officer. There is no family relationship between Mr. Cooper and any director or executive officer of the Company. There are no actual or proposed transactions between Mr. Cooper or any of his related persons and the Company that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Dated: June 30, 2025 |
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THE WESTERN UNION COMPANY |
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By: |
/s/ BENJAMIN C. ADAMS |
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Name: |
Benjamin C. Adams |
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Title: |
Executive Vice President, Chief Legal Officer |