MoneyGram Announces New Board of Directors to Support Next Chapter of Growth as a Global Fintech Leader
Board brings extensive payments and fintech experience to oversee MoneyGram's digital-forward strategy and strengthen its market-leading cross-border capabilities
DALLAS, Aug. 15, 2023 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced its new Board of Directors. MoneyGram's new Board is composed of a diverse mix of global industry leaders with deep experience in the payments, financial services and technology industries that will help guide the Company's digital innovation strategy.
The Board announcement follows the Company's recently completed go-private transaction with funds affiliated with Madison Dearborn Partners (MDP), a leading private equity investment firm based in Chicago. The new Board will leverage its deep expertise to help MoneyGram further enhance its digital business and market-leading cross-border capabilities.
"Now, as a private company and with the guidance of our new Board of Directors, MoneyGram is well-equipped to strengthen its position as a leading global fintech platform that connects the world's communities," said Alex Holmes, Chief Executive Officer at MoneyGram. "We greatly appreciate MDP's partnership and support in constructing our new, highly capable Board with complementary expertise across the payments, financial services and technology industries. The Board's extensive knowledge and leadership experience will add tremendous value to the organization, and I am incredibly excited about the path ahead."
Additional information on the MoneyGram Board of Directors and individual Board members can be found ere.
As of August 2023, the MoneyGram Board includes:
About MoneyGram International, Inc.
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