Hikmet Ersek served as the President and CEO of Western Union from September 2010 until June 2022. During his time, he oversaw significant transformations in the company, navigating challenges such as the impact of COVID-19 on global finance. He joined...

Number of Employees

9K

Year

2022

Total Compensation

$1.00K

Salary

$1.00K

Board Justification

The company aims to align executive compensation with performance and shareholder interests, focusing on attracting and retaining top talent while rewarding performance.

Bonus

$0.00

Board Justification

No annual incentive payout was reported for 2022 as Mr. Ersek was not the CEO during the entire year.

Other

$0.00

Board Justification

No additional compensation was reported for Mr. Ersek in 2022 as he was not an active executive during the year.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were vested in 2022 as Mr. Ersek retired in December 2021 and did not receive new grants in 2022.

Performance Metrics

The performance metrics for executive compensation are based on financial performance goals, including revenue growth and operating margin.

SEC Filing

From March 28, 2023

Hikmet Ersek

Ex-CEO of Western Union

HE

Education

N/A

Field of Expertise

Business & Management

Born

January 1, 1961 - 64 years ago

Is Founder?

No

Tenure

11 years 9 months (Sep 2010 - Jun 2022)

Previous Experience

Various positions at Western Union since 1999