Richard A. Goodman Appointed to Western Union Board of Directors
04 January 2012 - 12:30AM
Business Wire
The Western Union Company (NYSE: WU), a leader in global payment
services, announced today that Richard A. Goodman has been
appointed to the company’s Board of Directors, effective January 1,
2012.
Mr. Goodman, 63, will serve on the audit committee of the Board
until the next annual election of directors. The appointment of Mr.
Goodman increases the number of directors from nine to 10.
Mr. Goodman joined PepsiCo in 1992 and held a variety of senior
financial positions within the company, including serving as chief
financial officer. From 2010 to 2011, he was executive vice
president, global operations. He retired from PepsiCo at the end of
2011. Earlier, he was with W.R. Grace & Co. in a variety of
senior financial positions.
“The addition of Richard Goodman to Western Union’s Board of
Directors brings a global executive with strong financial
credentials and accomplishments as our company continues to
accelerate the delivery of its products and services to new
customers,” said Jack M. Greenberg, Chairman of the Board of
Western Union. “We are looking forward to his advice and counsel in
the coming years and anticipate that he will make a valuable
contribution to Western Union’s business.”
About Western Union
The Western Union Company (NYSE: WU) is a leader in global
payment services. Together with its Vigo, Orlandi Valuta, Pago
Facil and Western Union Business Solutions branded payment
services, Western Union provides consumers and businesses with
fast, reliable and convenient ways to send and receive money around
the world, to send payments and to purchase money orders. As of
Sept. 30, 2011, the Western Union, Vigo and Orlandi Valuta branded
services are offered through a combined network of approximately
485,000 agent locations in 200 countries and territories. In 2010,
The Western Union Company completed 214 million
consumer-to-consumer transactions worldwide, moving $76 billion of
principal between consumers, and 405 million business payments. For
more information, visit www.westernunion.com.
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