Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of
           Certain Officers; Compensatory Arrangements of Certain Officers.

(c) and (e)

On January 25, 2022, The Western Union Company (the "Company") announced that Matthew Cagwin, Interim Chief Financial Officer of the Company, has been appointed as Chief Financial Officer of the Company, effective January 20, 2023 (the "Appointment Date").

Mr. Cagwin, age 47, joined the Company in July 2022 as Head of Business Unit Financial Planning and Analysis. He has served as Interim Chief Financial Officer since September 2022. Prior to joining the Company, Mr. Cagwin served as Senior Vice President, Chief Financial Officer - Merchant Acceptance of Fiserv, Inc. / First Data Corporation from 2018, and as Senior Vice President, Corporate Controller and Chief Accounting Officer of First Data Corporation from 2014 to 2018.

Effective upon the Appointment Date, Mr. Cagwin's compensation arrangements will include (i) an annual base salary of $525,000, subject to merit increases, (ii) an annual incentive award target opportunity under the Company's Senior Executive Performance Incentive Plan at 100% of base salary, and (iii) an annual long-term incentive award target grant date fair value under the Company's 2015 Long-Term Incentive Plan of $2,150,000, effective for the Company's 2023 annual equity grants. Mr. Cagwin will also become a participant in the Company's Executive Severance Policy.

There are no arrangements or understandings between Mr. Cagwin and any person pursuant to which Mr. Cagwin was appointed as Chief Financial Officer. There is no family relationship between Mr. Cagwin and any director or executive officer of the Company. There are no actual or proposed transactions between Mr. Cagwin or any of his related persons and the Company that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.

On January 25, 2023, the Company issued a press release regarding the foregoing matter. The press release 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 January 25,
         2023.
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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