---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-002671"
form_type: "8-K"
ticker: "WU"
cik: "0001365135"
company_name: "Western Union CO"
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:19:50.276151+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Western Union President Michelle Swanback to depart effective March 31, 2022

## Summary
- Separation payment of $1,565,000 payable in nine monthly installments from April to December 2022.
- Ms. Swanback forfeits 2022 bonus and all unvested equity awards; no severance under company policy.
- She remains subject to non-competition, non-solicitation, and non-disclosure covenants.

## SEC filing metadata
- accession: 0000950170-22-002671
- form_type: 8-K
- ticker: WU
- cik: 0001365135
- company_name: Western Union CO
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1365135/000095017022002671/0000950170-22-002671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1365135/000095017022002671/wu-20220225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-002671
- JSON: https://secwatch.observer/filing/0000950170-22-002671.json
- Plain text: https://secwatch.observer/filing/0000950170-22-002671.txt

## Key facts
- Executive change
  Michelle Swanback departed as President, Product and Platform at Western Union CO.
  - Action: will cease serving
  - Role: President, Product and Platform
  source text: On February 25, 2022, The Western Union Company (the “Company”) announced that Michelle Swanback will cease serving as President, Product and Platform, effective as of March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1365135/000095017022002671/0000950170-22-002671-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.