Western Union CEO Hikmet Ersek's 2020 pay rises 2% to $10K
Western Union reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Western Union reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five executives at Western Union received on average a compensation package of $4.9K, a 16% 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 2% compared to 2019. 63% of Ersek's compensation, or $6.6K, was in stock awards. Ersek also received $874 in non-equity incentive plan, $1.6K in option awards, $1K in salary, as well as $220 in other compensation.
Michelle Swanback, President, Product and Platform, received a compensation package of $6.2K. 76% of the compensation package, or $4.7K, was in stock awards.
Raj Agrawal, Chief Financial Officer, earned $3.5K in 2020, a 8% decrease compared to previous year.
Khalid Fellahi, President, Consumer Money Transfer, received $2.5K in 2020, which increases by 11% compared to 2019.
Jean Claude Farah, President, Global Network, earned $2K in 2020, a 8% decrease compared to previous year.
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Source: SEC filing on April 1, 2021.