ENGLEWOOD, Colo., Jun 16, 2010 (BUSINESS WIRE) -- The Western Union Company (WU 16.22, -0.01, -0.06%) , a leader in global payment services, announced that David G. Yates has been appointed executive vice president, alternative channels.Yates, 47, joins Western Union from First Data Corporation, where he most recently served as executive vice president and president of First Data's International Division.
"In this new role at Western Union, David will be responsible for leading our westernunion.com, mobile and business-to-business payments. We believe his skills and experience will benefit Western Union greatly as we continue to focus on electronic and new customer segments, both consumer and business," said Western Union CEO-elect Hikmet Ersek.
Yates has extensive international information technology, banking and payment systems experience involving major systems projects throughout the United States, Europe and Asia. He has served in executive roles with several major international corporations, including IBM, General Electric and American Management Systems.
An Irish and British citizen, he is fluent in German, English and French. Yates received a master's degree in law from Oxford University.
About Western Union
The Western Union Company (WU 16.22, -0.01, -0.06%) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Custom House branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. The Western Union, Vigo and Orlandi Valuta branded services are offered through a combined network of more than 420,000 agent locations in 200 countries and territories. In 2009, The Western Union Company completed 196 million consumer-to-consumer transactions worldwide, moving $71 billion of principal between consumers, and 415 million business payments. For more information, visitwww.westernunion.com .
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SOURCE: The Western Union Company
