0001365135false00013651352023-11-152023-11-15

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 15, 2023

 

 

THE WESTERN UNION COMPANY

(Exact name of registrant as specified in its charter)

 

 

Delaware

001-32903

20-4531180

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(I.R.S. Employer
Identification No.)

 

 

 

 

 

7001 East Belleview Avenue

 

Denver, Colorado

 

80237

(Address of principal executive offices)

 

(Zip Code)

 

(866) 405-5012

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

☐

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

 

 

☐

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 

 

 

☐

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

 

 

☐

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $0.01 Par Value

 

WU

 

The New York Stock Exchange

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.

 

(b)

On November 15, 2023, The Western Union Company (the “Company”) determined that Jean Claude Farah will cease serving as President, Middle East and Asia Pacific, effective as of December 1, 2023. Mr. Farah is expected to remain with the Company as a non-executive employee through February 29, 2024 to assist with the transition. In connection with his departure, Mr. Farah will be eligible for benefits under the Company’s existing Severance/Change in Control Policy (Executive Committee Level) (the “Executive Severance Policy”), as described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, as well as statutory severance and benefits in accordance with local law, as described in the Company’s 2023 Proxy Statement. Any amounts due to Mr. Farah under the Executive Severance Policy will be reduced by any statutory severance paid to Mr. Farah.

 

Item 9.01.

Financial Statements and Exhibits.

 

Exhibit

Number

Description of Exhibit

101

Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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.

 

THE WESTERN UNION COMPANY

Dated: November 21, 2023

 

 

 

By:

/s/ DARREN A. DRAGOVICH

 

Name:

Darren A. Dragovich

 

Title:

Vice President and Secretary

 

 

 

 

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Document and Entity Information
Nov. 15, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 15, 2023
Entity Registrant Name THE WESTERN UNION COMPANY
Entity Central Index Key 0001365135
Entity Emerging Growth Company false
Securities Act File Number 001-32903
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 20-4531180
Entity Address, Address Line One 7001 East Belleview Avenue
Entity Address, City or Town Denver
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80237
City Area Code 866
Local Phone Number 405-5012
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Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.01 Par Value
Trading Symbol WU
Security Exchange Name NYSE
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