BIOGRAPHY

With a Master’s (Magister) degree in Economics and Business Administration from the Wirtschaftsuniversität (University of Economics) in Vienna, Austria, Hikmet Ersek is President and Chief Executive Officer of The Western Union Company (NYSE: WU), a Fortune 500®-ranked global leader in payment services.

After joining Western Union in September 1999, Mr. Ersek served as the company’s Chief Operating Officer before becoming CEO in September 2010. With Mr. Ersek as CEO, Western Union has successfully diversified its business mix.

Fluent in English, German and Turkish, Mr. Ersek began his career in financial services in 1986 at Europay/MasterCard in Austria. In 1996, he joined General Electric (GE) Capital, where he was responsible for retailer sales, finance and the card business. He also represented the GE Corporation as National Executive in Austria and Slovenia.