Hikmet Ersek - Western Union CEO

WU Stock  USD 13.02  0.09  0.70%   

CEO

Mr. Hikmet Ersek is President, Chief Executive Officer, Director of the Company. Mr. Ersek has served as the Companys President and CEO since August 2010. From January 2010 to August 2010, Mr. Ersek served as the Companys Chief Operating Officer. From 2008 to 2010, Mr. Ersek served as the Companys Executive Vice President and Managing Director, Europe, Middle East, Africa and Asia Pacific Region. From 2006 to 2008, Mr. Ersek served as the Companys Executive Vice President and Managing Director, EuropeMiddle EastAfricaSouth Asia. Prior to 2006, Mr. Ersek held various positions of increasing responsibility with the Company. Prior to joining Western Union in 1999, Mr. Ersek was with GE Capital and EuropayMasterCard specializing in European payment systems and consumer finance. Mr. Ersek is the only Director who is also an executive of the Company. Mr. Ersek provides insight as the Companys leader, and from his prior roles as the Companys Chief Operating Officer and leader in the Companys Europe, Middle East, Africa and Asia Pacific region, a significant area for the Company since 2010.
Age 60
Tenure 14 years
Address 7001 East Belleview Avenue, Denver, CO, United States, 80237
Phone866 405 5012
Webhttps://www.westernunion.com
Ersek provides many years of international consumer payment sales, marketing, distribution, and operations insight from his experience with the Company, GE Capital, and Europay/MasterCard.

Western Union Management Efficiency

The company has Return on Asset (ROA) of 0.0634 % which means that for every $100 of assets, it generated a profit of $0.0634. This is way below average. Likewise, it shows a return on total equity (ROE) of 1.3085 %, which means that it produced $1.3085 on every 100 dollars invested by current stockholders. Western Union's management efficiency ratios could be used to measure how well Western Union manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Western Union's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.12 in 2024, whereas Return On Capital Employed is likely to drop 0.24 in 2024. At this time, Western Union's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 5.5 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 2.4 B in 2024.
The company reports 2.5 B of total liabilities with total debt to equity ratio (D/E) of 4.94, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Western Union has a current ratio of 0.44, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Western Union until it has trouble settling it off, either with new capital or with free cash flow. So, Western Union's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Union sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Union's use of debt, we should always consider it together with cash and equity.

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The Western Union Company provides money movement and payment services worldwide. The company was founded in 1851 and is headquartered in Denver, Colorado. Western Union operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 10500 people. Western Union Co (WU) is traded on New York Stock Exchange in USA. It is located in 7001 East Belleview Avenue, Denver, CO, United States, 80237 and employs 9,000 people. Western Union is listed under Data Processing & Outsourced Services category by Fama And French industry classification.

Management Performance

Western Union Leadership Team

Elected by the shareholders, the Western Union's board of directors comprises two types of representatives: Western Union inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Union's management team and ensure that shareholders' interests are well served. Western Union's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Union's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ramya Narayanan, Chief Officer
Angela Sun, Independent Director
Robert Selander, Director
Shelly Swanback, President - Product and Platform
Linda Levinson, Independent Director
Michael Salop, Senior Vice President - Investor Relations
Brad Windbigler, Treasurer VP
Darren Dragovich, Secretary
Solomon, Independent Director
Michelle Swanback, President - Product and Platform
Jean Farah, Executive Vice President and President - Middle East, Africa, APAC, Eastern Europe & CIS
Betsy Holden, Independent Director
John Thompson, CIO and Executive VP of Global Operations
Elizabeth Roscoe, Executive Director
Amintore Schenkel, Senior Vice President Chief Accounting Officer, Controller
Hikmet Ersek, CEO and President Director and Non-Voting Member of Compliance Committee
Richard Williams, Executive Vice President, Chief Human Resources Officer
Reverend Williams, Chief Officer
Jeffrey Joerres, Non-Executive Independent Chairman of the Board
Matthew Cagwin, Interim Officer
Frances Townsend, Independent Director
Benjamin Adams, Executive Officer
Rodrigo Estebarena, President America
Gabriella Fitzgerald, President Americas Region
Devin McGranahan, President, Chief Executive Officer, Director
Jan Siegmund, Independent Director
Mark Hinsey, Chief Controller
Jacqueline Molnar, Chief Transformation Officer and Global Head of Compliance
Cherie Axelrod, Executive Officer
Giovanni Angelini, President Africa
Diane Scott, Executive Vice President Chief Product and Marketing Office
Benjamin Hawksworth, Chief Officer
Sheryl McKenzie, Chief Officer
Martin Cole, Independent Director
Joyce Phillips, Independent Director
Bob Rupczynski, Chief Officer
Amy Kuark, Vice Relations
Rajesh Agrawal, Executive Vice President, Chief Financial Officer and Global Operations
John Dye, Executive VP, General Counsel and Secretary
Jack Greenberg, Non-Executive Independent Chairman of the Board and Presidentiding Director
Andrew Walker, Executive Officer
Sheri Rhodes, Executive Vice President, Chief Technology Officer
Andrew Summerill, President - Payments
Solomon Trujillo, Independent Director
David Thompson, CIO and Executive VP of Global Operations
Sam Jawad, Head Ecosystem
Shannon Armbrecht, Chief Diversity and Talent Officer
Karen Whalen, Chief Officer
Roberto Mendoza, Independent Director
Elizabeth Chambers, Executive Vice President Chief Strategy officer and Product Officer
Caroline Tsai, Executive Partner, General Counsel, Secretary
Timothy Murphy, Independent Director
Khalid Fellahi, President - Consumer Money Transfer
Odilon Almeida, Executive VP and President of Americas and European Union
Richard Goodman, Independent Director
Michael Miles, Independent Director
Sohini Rajola, Head Pacific

Western Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Western Union a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Western Union is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Western Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Western Union Co Stock. Highlighted below are key reports to facilitate an investment decision about Western Union Co Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Union Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Western Union's price analysis, check to measure Western Union's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Union is operating at the current time. Most of Western Union's value examination focuses on studying past and present price action to predict the probability of Western Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Union's price. Additionally, you may evaluate how the addition of Western Union to your portfolios can decrease your overall portfolio volatility.
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Is Western Union's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Union. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Union listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Dividend Share
0.94
Earnings Share
1.68
Revenue Per Share
11.75
Quarterly Revenue Growth
(0.04)
The market value of Western Union is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Union's value that differs from its market value or its book value, called intrinsic value, which is Western Union's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Union's market value can be influenced by many factors that don't directly affect Western Union's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Union's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Union is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Union's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.