In 2022, Hikmet Ersek earned $1.00K in total compensation at Western Union, primarily from $1.00K salary. Most recently acquired 156,800 shares in Feb 2021. Currently holds stock worth $12.32M. Led Western Union as CEO for 11 years.
Compensation History
Annual executive compensation data for Hikmet Ersek, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.00K
Salary
$1.00K
Bonus
$0.00
Other
$0.00
Salary
$1.00KBoard Justification
The company aims to align executive compensation with performance and shareholder interests, focusing on attracting and retaining top talent while rewarding performance.
Bonus
$0.00Board Justification
No annual incentive payout was reported for 2022 as Mr. Ersek was not the CEO during the entire year.
Other Compensation
$0.00Board Justification
No additional compensation was reported for Mr. Ersek in 2022 as he was not an active executive during the year.
Restricted Stock
Board Justification
No stock awards were vested in 2022 as Mr. Ersek retired in December 2021 and did not receive new grants in 2022.
Performance Metrics
The performance metrics for executive compensation are based on financial performance goals, including revenue growth and operating margin.
Hikmet Ersek
Ex-CEO of Western Union
Education
N/A
Field of Expertise
Business & Management
Sector of Economy
Financial Services
Born
January 1, 1961 - 64 years ago
CEO of Western Union for
11 years 9 months (Sep 2010 - Jun 2022)
Previous Experience
Various positions at Western Union since 1999
Holdings
Track Hikmet Ersek's stock holdings and portfolio value over time.
Total Stock Sold
$19.05M
$19.05M
878,968 WU shares
What if they kept their stock?
If Hikmet Ersek didn't sell their stock, today they would have:
Extra WU878,968 shares worth $7.95M.
This is -58.28% and $11.10M less than what they got when they sold the stock.
Insider Trading
Hikmet Ersek's recent stock transactions, purchases, and sales filed with the SEC.
$5.59M
WU at $23.91/share
Feb 19, 2021
Sale
156,800 shares
WU
Feb 22, 2021
Received
34,296 shares
WU
Feb 19, 2021
Received
292,902 shares
WU
Feb 21, 2020
Received
30,944 shares
WU
Feb 20, 2020
Received
39,706 shares
WU
Feb 21, 2019
Received
180,100 shares
WU
Feb 20, 2019
Received
34,844 shares
WU
Feb 22, 2018
Received
212,543 shares
WU
Feb 19, 2018
Received
283,311 shares
WU
Feb 20, 2017
Received
Rivals
Compare Hikmet Ersek with competitor CEOs and industry peers.