Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
(d)
On July 1, 2020, the Board of Directors (the "Board") of The Western Union
Company (the "Company") increased the size of the Board from 10 to 11 and
appointed Joyce A. Phillips to the Board to fill the vacancy resulting from such
increase, each effective July 1, 2020. In addition, the Board appointed Ms.
Phillips to the Compensation and Benefits Committee of the Board and the
Corporate Governance, ESG, and Public Policy Committee of the Board, also
effective July 1, 2020.
There is no arrangement or understanding between Ms. Phillips and any other
persons pursuant to which Ms. Phillips was selected as a director. There are no
transactions involving Ms. Phillips requiring disclosure under Item 404(a) of
Regulation S-K.
Ms. Phillips will receive the standard compensation effective for 2020 received
by the Company's current non-employee directors, as discussed in the Company's
Proxy Statement dated April 1, 2020, prorated for the time she serves during
2020.
A copy of the press release announcing the appointment of Ms. Phillips to the
Board is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
Exhibit
Number Description of Exhibit
99.1 Press Release issued by The Western Union Company on July 1, 2020
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)
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