Devin McGranahan

Devin McGranahan is a President and CEO of Western Union, Inc.(WU)

a global leader in cross-border, cross-currency money movement. He joined Western Union as CEO in December 2021 with more than two decades of business leadership experience. Previously, he was Senior Group President, Global Business Solutions at Fiserv, Inc., where he oversaw the company’s global merchant acquiring and processing businesses. During his tenure, he was responsible for the launch of the Carat enterprise merchant commerce platform

I joined Western Union as its President and Chief Executive Officer in late 2021. Previously, I was the Senior Group President,

Global Business Solutions at Fiserv, Inc. In that role, I oversaw the company’s global merchant acquiring and processing businesses. During my tenure I was responsible for the launch of the Carat enterprise merchant omni-commerce platform, the acceleration and launch of the Clover Connect integrated software vendor (ISV) platform, and the launch and growth of Clover Business Solutions (CBS), Fiserv’s digital-direct to merchant platform. These capabilities propelled Clover to become the largest cloud-based SMB merchant platform in the market and grew Fiserv’s merchant omni-channel business to over $1 billion in revenue.

Before my time at Fiserv, I spent 20+ years at McKinsey & Co., where I served as a Senior Partner, engaging with leading financial

services companies on a broad range of strategy, payments, and business-building opportunities. I also held a variety of other senior management roles at the firm, including co-leading the North America Financial Services Practice and being a co-chair of the

senior partner selection committee.

I hold a Master of Business Administration from Harvard Business School, a Bachelor of Science in Mechanical Engineering from the

University of Pennsylvania, and a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania.

Devin B. McGranahan joins Western Union from Fiserv, Inc., a global provider of payments and financial services technology solutions, where he most recently served as Executive Vice President and Senior Group President, Global Business Solutions. Throughout his career, spanning more than 25 years, McGranahan has demonstrated a strong track record of engaging with and leading financial services companies on a broad range of strategic and business-building opportunities amid a rapidly evolving financial services and payments landscape. As CEO, McGranahan will focus on accelerating Western Union’s growth strategy, expanding payments offerings and building on Western Union’s financial strength and a robust foundation of assets including a unique compliant cross-border platform and distinct global financial network.

Western Union Board Chair Jeffrey A. Joerres said, “After a comprehensive succession planning process, I am delighted to welcome Devin B. McGranahan as the next CEO of Western Union. Devin is a proven leader known for talent development and leadership of teams, while spurring growth and innovation in the financial technology industry. He is well-positioned to lead Western Union in this new era, with a focus on accelerating the company’s growth and gaining wider adoption of our ecosystem offerings and payment capabilities with consumers and businesses.”