Western Union CEO Hikmet Ersek's 2019 pay rises 10% to $10K
Western Union reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Western Union reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, six executives at Western Union received on average a compensation package of $4.2K, a 8% increase compared to previous year.
Average pay of disclosed executives at Western Union
Hikmet Ersek, Chief Executive Officer, received $10K in total, which increased by 10% compared to 2018. 55% of Ersek's compensation, or $5.6K, was in stock awards. Ersek also received $1.7K in non-equity incentive plan, $1.4K in option awards, $1K in salary, as well as $399 in other compensation.
Odilon Almeida, Former EVP, President — Global Money Transfer, received a compensation package of $5.1K, which increased by 65% compared to previous year. 41% of the compensation package, or $2.1K, was in other compensation.
Raj Agrawal, Chief Financial Officer, earned $3.8K in 2019, a 11% increase compared to previous year.
Khalid Fellahi, President, Consumer MoneyTransfer, received $2.2K in 2019.
Jean Claude Farah, President, Global Network , earned $2.2K in 2019, a 11% increase compared to previous year.
Caroline Tsai, Chief Legal Officer, received $2K in 2019, which increases by 5% compared to 2018.
Related executives
Hikmet Ersek
Western Union
Chief Executive Officer
Raj Agrawal
Western Union
Chief Financial Officer
Jean Farah
Western Union
President, Global EMEA/APAC Region
Khalid Fellahi
Western Union
President, Consumer Money Transfer
Caroline Tsai
Western Union
Chief Legal Officer
Odilon Almeida
Western Union
Former EVP, President — Global Money Transfer
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Source: SEC filing on April 1, 2020.