Western Union CEO Hikmet Ersek's 2018 pay slips 6% to $9.2K
Western Union reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
Western Union reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, five executives at Western Union received on average a compensation package of $3.9K, a 1% decrease compared to previous year.
Average pay of disclosed executives at Western Union
Hikmet Ersek, Chief Executive Officer, received $9.2K in total, which decreased by 6% compared to 2017. 56% of Ersek's compensation, or $5.1K, was in stock awards. Ersek also received $1.4K in non-equity incentive plan, $1.4K in option awards, $1K in salary, as well as $236 in other compensation.
Raj Agrawal, Chief Financial Officer, received a compensation package of $3.4K, which increased by 6% compared to previous year. 64% of the compensation package, or $2.2K, was in stock awards.
Odilon Almeida, EVP, President —Global MoneyTransfer, earned $3.1K in 2018, which is about the same as previous year.
Jean Claude Farah, EVP, President –Global Payments, received $2K in 2018, which decreases by 8% compared to 2017.
Caroline Tsai, General Counsel, earned $1.9K in 2018.
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Source: SEC filing on April 3, 2019.