Western Union has appointed Matthew Cagwin as Chief Financial Officer (CFO), effective January 20, 2023.

Cagwin joined Western Union in July 2022 as Head of Financial Planning and Analysis and was appointed interim Chief Financial Officer in September following the departure of the former CFO.

Prior to Western Union, Cagwin served as Senior Vice President, Chief Financial Officer – Merchant Acceptance of Fiserv, Inc./First Data Corporation from 2018, and as Senior Vice President, Corporate Controller and Chief Accounting Officer of First Data from 2014 to 2018.

“Matt is a talented finance executive with broad knowledge of payments and financial service. His in-depth knowledge and experience will be a valuable asset to our company as we focus on the execution of our strategy,” said Devin McGranahan, President and Chief Executive Officer of Western Union in a statement.

This latest appointment adds to the list of talent Western Union has assembled over the past year as the company executes on its ‘Evolve 2025’ strategy.

“Western Union is at a pivotal inflection point, having presented our vision for growth and transformation during our recent Investor Day. I am honored to lead our global finance organization as we seek to drive sustainable value creation,” Cagwin said.