MoneyGram International, a global money transfer company, has promoted W Alexander Holmes to executive vice president (EVP) and chief financial officer (CFO). Holmes succeeds James Shields, who has served in this position since July 2010. To ensure a smooth transition, Shields will remain with the company through 15 May 2012.
Having served most recently as MoneyGram’s senior vice president (SVP) for corporate strategy and investor relations, Holmes brings extensive and detailed knowledge of the business operations, partnership activities and growth objectives. In his new role, he is responsible for oversight of all finance-related functions, close collaboration with the company’s business unit leaders, and the continued development and expansion of MoneyGram’s involvement with the investor community.
Before joining MoneyGram in 2009, Holmes held a variety of financial positions over an eight-year period at First Data, most recently serving as SVP of global sourcing and strategic initiatives. From 2002 to 2003, he managed Western Union’s Benelux region from its offices in Amsterdam. He holds a BSc in Business Administration and Accounting and MSc in Information Technology, both from the University of Colorado.
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