The Western Union Company announced that Matthew Cagwin has been appointed as its chief financial officer (CFO), effective January 20, 2023. Cagwin, who had served as the company's interim CFO since September 2022, joined Western Union in July 2022 as head of Financial Planning and Analysis. He was appointed interim chief financial officer two months later following the departure of the former CFO.

Cagwin had previously served as senior vice president, chief financial officer - Merchant Acceptance of Fiserv Inc. /First Data Corporation and prior to that as senior vice president, corporate controller and chief accounting officer of First Data. Before joining Fiserv/First Data, Cagwin spent 10 years at Coca-Cola Enterprises in various roles. He started his career in public accounting at Arthur Andersen and KPMG.