Board of Directors

W. Alexander Holmes

Alex Holmes, Chief Executive Officer of MoneyGram, was appointed to Chairman of the Board of Directors, effective February 2, 2018. Mr. Holmes previously served as executive vice president, chief financial officer and chief operating officer since February 2014 and executive vice president and chief financial officer since March 2012.

He joined MoneyGram International in 2009 as senior vice president for Corporate Strategy and Investor Relations. In this role, he directed MoneyGram's business development, investor relations and strategic partnership activities.

Before joining MoneyGram, Holmes spent nine years at First Data and Western Union and has extensive experience in global financial services with in-depth experience in the money transfer and payments industries. While at First Data Corporation, Holmes held a variety of positions including chief of staff to the CEO, head of investor relations and senior vice president of global sourcing & strategic initiatives.

He is a graduate of the University of Colorado where he earned a Bachelor of Science in Business Administration and Accounting and a Master of Science in Information Technology.

J. Coley Clark

J. Coley Clark has served as director of MoneyGram International, Inc. since May 2010. Clark also serves as the co-chairman of BancTec's board of directors and has been the company's President and Chief Executive Officer since 2004. He assumed his current role with BancTec after retiring from EDS as a senior vice president and head of the Financial and Transportation Industry Group. His career with EDS began in 1971 when he joined the Systems Engineering Development Program working his way through technical, sales and management roles related to the financial and insurance industries. In 1986, he assumed responsibility for the Financial Industry Group and was named a corporate officer in 1989. Clark was appointed senior vice president in 1996 and served as a member of the Global Operations Council, EDS' senior executive team. Clark is a graduate of the University of Texas at Austin. He served three years in the U.S. Army, attaining the rank of captain and served as a company commander in Europe and Southeast Asia.

Victor W. Dahir

Victor W. Dahir has been a director of MoneyGram International, Inc. since May2010. Mr. Dahir has a long and distinguished career in the financial services sector. He served as an Executive Vice President of Finance and Risk Operations at Visa, Inc. (formerly Visa U.S.A., Inc.) until 2005. Prior to this Mr. Dahir was an Executive Vice President of Finance & Administration and Chief Financial Officer of Inovant LLC, a subsidiary of Visa. He joined Visa, Inc. in 1984 as Director of Financial Planning and Budgeting for its subsidiary, Visa International. From 1991 until 2004, he served as the Chief Financial Officer of Visa, Inc. Prior to Visa, he served as Senior Vice President and Chief Financial Officer of Redwood Bank in San Francisco for six years. Prior to that, he spent two years as the Manager of Financial Planning and Capital Budgeting at Levi Strauss & Company in San Francisco and six years at Arthur Young & Company, Certified Public Accountants.

Dahir is a licensed Certified Public Accountant in California. He earned his Bachelor's Degree in Economics from Amherst College, and holds a Master of Business Administration from Harvard University.

Amb. Antonio O. Garza

Ambassador Antonio O. Garza serves as director of MoneyGram International Inc., as well as director of an oil and gas well services company called Basic Energy Services, Inc., and Kansas City Southern, a rail-based transportation company. Ambassador Garza has served as Counsel in the Mexico City office of White & Case LLP., since 2009. He also currently serves as Chairman of Vianovo Ventures, a management consultant firm with a focus on cross-border business development. He is a member of the Board of Trustees of Southern Methodist University and on the Development Board of The University of Texas at Austin. In addition, from 2010 to 2013 he was a member of the Dean's Council at the Harvard School of Public Health. Ambassador Garza is also a member of the Council on Foreign Relations. From 2002 to 2009, Mr. Garza was the US Ambassador to Mexico. Prior to that time, he served as chairman of the Railroad Commission of Texas, having been elected to statewide office in 1998. He is a past partner at Bracewell & Patterson (now Bracewell & Giuliani) and served as Secretary of State of the State of Texas and Senior Policy Advisor to the Governor of the State of Texas from 1994 to 1997, and as Cameron County Judge from 1988 to 1994.

Ambassador Garza holds a Bachelor of Business Administration from The University of Texas at Austin and a Doctor of Jurisprudence from Southern Methodist University School of Law. He is a member of the State Bar of Texas and the District of Columbia Bar, and is admitted to practice before the United States Supreme Court.

Chair of the Compliance and Ethics Committee
Seth W. Lawry

Seth W. Lawry is currently a director of MoneyGram International, Inc., Agencyport Software Ltd., and CompuCom Systems, Inc. His prior directorships include Fidelity National Information Services, Inc., Houghton Mifflin Company, ProSiebenSat.1 Media AG, Safelite Glass Corp., Tucker Anthony Sutro and Warner Music Group Corp. Mr. Lawry currently serves as a trustee of Colby College and is active in various private and non-profit institutions. Mr. Lawry is a managing director at Thomas H. Lee Partners. Prior to joining Thomas H. Lee Partners, he worked at Morgan Stanley & Co. Incorporated in the Mergers and Acquisitions, Corporate Finance and Equity Capital Markets Departments. Mr. Lawry also worked at General Atlantic Partners, a venture capital company.

Member of the Compliance and Ethics Committee
Michael P. Rafferty

Michael P. Rafferty joined MoneyGram in March 2016. Rafferty serves on the board’s audit committee. He was a member of Ernst & Young LLP, a global public accounting firm, from 1975 until his retirement in 2013. Mr. Rafferty was admitted as a Partner of Ernst & Young LLP in 1988 and served as the Audit Practice Leader for the Southwest Region from 2004 until 2013. During his career with Ernst & Young LLP, he primarily served clients in the financial services and healthcare industries. Mr. Rafferty currently serves as a director and chairman of the audit committee of Triumph Bancorp, Inc., a financial holding company with a diversified line of community banking, commercial finance and asset management activities. Mr. Rafferty is a Certified Public Accountant licensed in Texas.

Ganesh Rao has been on the Board of Directors for MoneyGram International since November 2008. His other active appointments include managing director of Thomas H. Lee Partners LP (THL) and director for Ceridian Corporation. Additionally, Rao serves as a director of Nielsen Holding N.V., a global information and measurement company. Prior to joining THL, Rao gained experience at Morgan & Stanley Incorporated in the Mergers & Acquisitions Department and at the hedge fund Greenlight Capitol. Rao earned a Bachelor of Arts degree, summa cum laude, in Economics from Duke University and a Master of Business Administration from Harvard Business School.

Member of the Compliance and Ethics Committee
W. Bruce Turner

W. Bruce Turner joined MoneyGram International as a director in May 2010. His other directorships include GTECH Holdings Corp, Gtech Corporation, Lottomatica SpA and Ameristar Casinos.

Prior to joining MoneyGram, Turner served as the Chief Executive Officer of Lottomatica Group S.p.A. (a/k/a, Lottomatica SpA) until December 31, 2007 and also acted as its General Manager. Turner earlier experience included serving as the President and Chief Executive Officer of GTECH Holdings Corp. and as the Chief Executive Officer of GTECH Corporation, a subsidiary of GTECH Holdings Corp. Additionally, he acted as Chairman of GTECH Holdings Corp. and ... Interim Chief Executive Officer. Following his temporary appointment, he served as President of GTECH Corporation until May 3, 2007.

Prior to joining GTECH, Turner worked as an Investment Analyst in the gaming and leisure industry and served as Managing Director over Equity Research for Salomon Smith Barney (formerly Salomon Brothers). Prior to Salomon Smith Barney, Mr. Turner served as the Director of Leisure Equity Research with Raymond James & Associates, and served as a Supervisor of Customer Relations for Tampa Electric Company. Prior to entering the private sector, he served as a Field Artillery Officer in the United States Army.

Turner is a graduate of the U.S. Military Academy at West Point. He also received a Master of Arts in Management and Supervision from Central Michigan University and a Masters in Business Administration degree from the University of Tampa in Tampa, Florida.

Member of the Compliance and Ethics Committee
Peggy Vaughan

Peggy Vaughan was appointed to the MoneyGram International Board of Directors in February 2014. Along with MoneyGram, Vaughn serves as a Director of APQC Consulting Group, Inc. and as Member of Portfolio Advisory Board at Texas Women Ventures. Vaughan brings to the MGI board more than 25 years consulting experience leading large-scale, operational improvement, restructuring, technology and change management engagements. Vaughn began her consulting career at PriceWaterHouseCooper (PwC) and became a partner in 1988. While at PwC, Vaughn led many high-profile initiatives including the US Services Industry, the Americas SAP Practice and the Global Supply Chain Practice. Additionally, Vaughan served as an elected member of the PwC US Board of Partners and PwC Global Board of Directors. Following her role at PwC, Vaughan served on the Global Management Board for IBM, successfully launching top-performing business platforms in key growth markets as IBM's Global Consulting Services Leader. Vaughn currently serves on the Advisory Committee for the Texas Women's Venture Fund. She is a graduate of Southern Methodist University and holds a Master of Business Administration from the University of Texas at Austin.