Western Union names Michael Salop SVP, investor relations

Source: Western Union

The Western Union Company (NYSE: WU), a leader in the money transfer segment of global payments, today announced that Michael A. Salop has been appointed Senior Vice President, Investor Relations.

Salop joins Western Union after a distinguished career with Mattel Inc., a worldwide leader in the design, manufacture and marketing of toys and family products, where he most recently served as Treasurer and Senior Vice President for Investor Relations.

"Michael brings a wealth of experience, knowledge and financial insight that will enable him to communicate with investors very effectively," said Western Union Chief Financial Officer and Executive Vice President Scott Scheirman. "In this role, Michael will work to continue our strong relationships with the investment community and ensure that our investor relations program is of the highest quality. We are pleased to add him to our team."

Salop joined Mattel in 1990 and assumed the position of Vice President for Investor Relations and Assistant Treasurer in 1996. Salop was appointed Vice President for Finance for Mattel's American Girl division in 1998 and later served as Senior Vice President for Finance for Mattel Europe, based in the Netherlands. In 2003, Salop was appointed Senior Vice President for Strategic Planning and Mergers and Acquisitions. In 2005, he was named Treasurer and Senior Vice President, Investor Relations. Prior to joining Mattel, Salop worked as an analyst for Gateway Investment Advisors of Cincinnati, Ohio.

Salop holds a Bachelor's degree in Finance from the University of Texas, and a Master of Business Administration in Finance from Columbia Business School.

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