Hikmet Ersek

Stephen Bowman and Hikmet Ersek join Voya Financial board of directors 

Retrieved on: 
Wednesday, March 22, 2023
Professional Services, Business, Other Professional Services, Finance, Asset Management, Consulting, Banking, University, Erste Group, Miami University, VOYA, DePaul University, MBA, Multimedia, GE Capital, Hikmet Ersek, Vienna University of Economics and Business, Retirement, Risk, Bowman, CFO, Voya Financial, Knowledge, NYSE, Economics, Management, Northern Trust, Western Union, Hikmet

Voya Financial, Inc. (NYSE: VOYA), announced today that Stephen “Biff” Bowman and Hikmet Ersek have been elected to the company’s board of directors, effective today.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that Stephen “Biff” Bowman and Hikmet Ersek have been elected to the company’s board of directors, effective today.
  • View the full release here: https://www.businesswire.com/news/home/20230322005575/en/
    Voya Financial, Inc. (NYSE: VOYA), announced that Stephen “Biff” Bowman has been elected to the company’s board of directors, effective March 22, 2023.
  • “I’m pleased to welcome Biff and Hikmet to the Voya board,” said Rodney O. Martin, Jr., executive chairman, Voya Financial, Inc. “Biff and Hikmet have unique and valuable skillsets – as well as global experience – having served in key executive roles in the financial services industry.
  • Bowman serves on the board of directors for First Interstate BancSystem, Inc. (NASDAQ: FIBK) and FNZ Trust Co.

WATERDROP ANNOUNCES FORMER WESTERN UNION CEO HIKMET ERSEK AS SPECIAL ADVISOR TO SUPPORT THE HYDRATION BRAND'S GLOBAL EXPANSION

Retrieved on: 
Wednesday, February 1, 2023
Water, Hikmet Ersek, ATP, Ecosystem, Knowledge, Growth, CEE, Environment, Bottled water, Western Union

VIENNA, Feb. 1, 2023 /PRNewswire/ -- waterdrop®, the fast-growing hydration scale up on a mission to encourage people to drink more water to live a healthier and more sustainable life, is thrilled to welcome Hikmet Ersek. Ersek will serve as special advisor to the CEO and advisory board member to help navigate the brand's fast paced growth and worldwide expansion. Headquartered in Vienna, Austria, waterdrop® has been shaking up the beverage industry since 2016, thanks to its innovative waterdrop® Microdrink and global hydration platform. The company's goal is to change the fundamentals of an obsolete ecosystem by promoting responsible consumption of tap water and avoiding the outdated idea of bottling and shipping unsustainable and mostly unhealthy beverages.

Key Points: 
  • Ersek will serve as special advisor to the CEO and advisory board member to help navigate the brand's fast paced growth and worldwide expansion.
  • Headquartered in Vienna, Austria, waterdrop® has been shaking up the beverage industry since 2016, thanks to its innovative waterdrop® Microdrink and global hydration platform.
  • Hikmet Ersek is a global business leader with over 35 years of experience in the financial and technology industry.
  • "I am excited to join waterdrop® as a special advisor and member of the advisory board," said Hikmet Ersek.

Western Union Announces Devin B. McGranahan as New Chief Executive Officer

Retrieved on: 
Monday, November 15, 2021
Professional Services, Technology, Other Technology, Software, Finance, Internet, Banking, Money laundering, Social Security Government Pension Offset, Compliance, Adoption, Â, Industry, Ecosystem, Director, Leadership, Retirement, Heart, CEO, Non-governmental organization, Technology, Fusion Global Business Solutions, Growth, Solution, Board, Hikmet Ersek, Social, Incoming, NYSE, Environment, James McGranahan, Management

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announces the appointment of Devin B. McGranahan as new Chief Executive Officer (CEO).

Key Points: 
  • The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announces the appointment of Devin B. McGranahan as new Chief Executive Officer (CEO).
  • After 21 years at Western Union, including the past 11 years as CEO, Hikmet Ersek (61) announced his retirement from the role as CEO and Director of Western Union by December 31st, 2021.
  • Devin B. McGranahan (52) joins Western Union from Fiserv, Inc., a global provider of payments and financial services technology solutions, where he most recently served as Executive Vice President and Senior Group President, Global Business Solutions.
  • Western Union Board Chair Jeffrey A. Joerres said, After a comprehensive succession planning process, I am delighted to welcome Devin B. McGranahan as the next CEO of Western Union.

Western Union Announces Agreement to Sell Western Union Business Solutions to Goldfinch Partners and The Baupost Group for Approximately $910 Million in Cash

Retrieved on: 
Wednesday, August 4, 2021
Professional Services, Finance, Foreign exchange companies, Companies, Service companies, Finance, Western Union, Travelex, Custom House

Western Union established Western Union Business Solutions following the acquisitions of Custom House in 2009 and Travelex Global Business Payments in 2011.

Key Points: 
  • Western Union established Western Union Business Solutions following the acquisitions of Custom House in 2009 and Travelex Global Business Payments in 2011.
  • I am confident that the Western Union Business Solutions team, business and customers have found solid strategic and financial partners in Goldfinch and Baupost, Ersek concluded.
  • In the second closing, which is expected to be completed by late 2022, the remaining Western Union Business Solutions business operated through Western Union International Bank will transfer1.
  • Western Union and the Goldfinch and Baupost consortium have entered into exclusive negotiations regarding the proposed sale of Western Union's French and Lithuanian Western Union Business Solutions operations.

Western Union to Release Second Quarter Results on August 4, 2021

Retrieved on: 
Wednesday, July 21, 2021
Banking, Professional services, Finance, Companies, Business, Economy, International trade, International finance, Hikmet Ersek, New York Stock Exchange, Western Union, Global financial system, Monetary hegemony, Online payments

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that Chief Executive Officer Hikmet Ersek and Chief Financial Officer Raj Agrawal will host a webcast and conference call to discuss 2021 second quarter results on August 4, 2021, at 4:30 p.m.

Key Points: 
  • The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that Chief Executive Officer Hikmet Ersek and Chief Financial Officer Raj Agrawal will host a webcast and conference call to discuss 2021 second quarter results on August 4, 2021, at 4:30 p.m.
  • A press release highlighting the financial results will be issued at approximately 4:00 p.m.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.
  • Western Unions platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies.

Western Union Releases 2020 Environmental, Social and Governance (ESG) Report

Retrieved on: 
Tuesday, June 22, 2021
Professional services, Philanthropy, Technology, Other Technology, Other Philanthropy, Finance, Banking, Companies, Finance, Business, Hikmet Ersek, Western Union, Materiality, ESG, Ethical investment, Environmentalism, Ethical banking, Governance

View the full release here: https://www.businesswire.com/news/home/20210622005354/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210622005354/en/
    2020 Environmental, Social & Governance Report (Graphic: Business Wire)
    2020 reinforced the importance of collective action to address global challenges, said Hikmet Ersek, Western Unions President and CEO.
  • Western Union Foundation: Enabling the Western Union Foundation to reach more than 200,000 people through workforce skilling and support for resilience in crises.
  • In 2020, Western Union completed a refreshed materiality assessment to further shape its ESG strategy and priorities.
  • The Western Union 2020 ESG report and executive summary are available for download at https://corporate.westernunion.com/esg/ .

Western Union Foundation Aids 200,000 People in 33 Countries with Career & COVID-19 Support in 2020

Retrieved on: 
Wednesday, March 17, 2021
Environment, Finance, Banking, Public policy, Government, Professional services, Philanthropy, Other Philanthropy, Foundation, Public policy, Charity law, Taxation in the United States, Companies, Articles, Organizations, Hikmet Ersek, Western Union, Charitable organization, 501(c)(3) organization, 501(c) organization, Foundation

Im proud of all the ways Western Union responded to COVID in 2020, including through our philanthropy, said President and CEO Hikmet Ersek.

Key Points: 
  • Im proud of all the ways Western Union responded to COVID in 2020, including through our philanthropy, said President and CEO Hikmet Ersek.
  • Our ability to make these positive impacts is only possible through the enduring support of many organizations and people, including Western Union employees.
  • The Western Union Foundation believes that education is the surest pathway to economic opportunity.
  • The Western Union Foundation is a separate, tax-exempt 501(c)(3) charitable corporation and receives support from The Western Union Company, its employees, agents, and business partners.

Western Union to Present at the Evercore ISI Payments & Fintech Innovators Forum on March 4th

Retrieved on: 
Friday, February 26, 2021
Professional services, Technology, Other Technology, Finance, Banking, Internet, Companies, Business, Finance, Foreign exchange companies, Hikmet Ersek, Western Union, Evercore, New York Stock Exchange, Payment

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company will present at the Evercore ISI Payments & Fintech Innovators Forum on Thursday, March 4, 2021.

Key Points: 
  • The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company will present at the Evercore ISI Payments & Fintech Innovators Forum on Thursday, March 4, 2021.
  • The presentation will begin at 2:45 p.m. Eastern time and will include comments from Hikmet Ersek, CEO, and Raj Agrawal, CFO.
  • Investors and interested parties will be able to listen to the investor presentation via webcast from https://www.westernunion.com , under the investor relations section.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.

Western Union Recognized with Inclusion in 2021 Bloomberg Gender-Equality Index

Retrieved on: 
Wednesday, January 27, 2021
Finance, Banking, Women, Consumer, Professional services, Companies, Finance, Financial markets, Hikmet Ersek, GEI, Western Union, Bloomberg L.P., Bloomberg

Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that it is one of 380 companies globally included in the 2021 Bloomberg Gender-Equality Index (GEI).

Key Points: 
  • Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that it is one of 380 companies globally included in the 2021 Bloomberg Gender-Equality Index (GEI).
  • It is Western Unions second consecutive year appearing in the Index.
  • Being recognized in the Bloomberg GEI is testament to Western Unions passion for and commitment to diversity, equity and inclusion, said Hikmet Ersek, Western Unions President and Chief Executive Officer.
  • Western Union moves money for better with our global reach, connecting family, friends, and businesses to enable financial inclusion and support economic growth.

Western Union Advances Its Digital Growth Strategy With Investment in stc pay

Retrieved on: 
Sunday, November 22, 2020
Professional services, Finance, Companies, Hikmet Ersek, Western Union, Business, Finance, Western Union, stc pay

According to the terms of the transaction, Western Union will invest up to $200 million for up to 15% ownership of stc pay.

Key Points: 
  • According to the terms of the transaction, Western Union will invest up to $200 million for up to 15% ownership of stc pay.
  • With a strong base of over 4 million customers and an established regional brand in the fast-growing digital wallet market, Western Union believes that stc pay is poised to experience strong growth in the future.
  • The Company has achieved significant progress in its digital growth strategy in 2020 through both its market leading westernunion.com channel and digital partnerships.
  • Our strategy has proven to be successful, and I am encouraged by the meaningful contribution our partnership with stc pay made to Western Unions digital growth in 2020, said Western Union Chief Executive Officer Hikmet Ersek.