MoneyGram International Names Jeffrey R. Woods Executive Vice President and Chief Financial Officer
MINNEAPOLIS--(BUSINESS WIRE)--Jul. 30, 2009--
MoneyGram International (NYSE:MGI), a global leader in the payment
services industry, today announced that it has named Jeffrey R. Woods
executive vice president and chief financial officer, reporting to
Anthony P. Ryan, president and CEO.
In announcing the appointment, Ryan said, “Jeff is an experienced senior
executive with a strong financial services background and extensive
experience in strategic planning, technology and operations as well as
finance. I look forward to his contributions as a key member of our
senior leadership team as we position MoneyGram for future growth."
Woods brings to MoneyGram more than a decade of leadership experience in
finance and consulting in the global financial services and retail
industries. He most recently served as chief financial officer for
Global Investment Banking and chief operating officer for Investment
Banking, Americas at JPMorgan Chase & Co. Prior to that, Woods was an
associate principal with McKinsey & Company.
Woods holds an M.B.A. from the Walter A. Haas School of Business at the
University of California, Berkeley, and a B.S. degree in information
systems and accounting from the Pennsylvania State University. Woods
serves as a director of the Coalition Development Ltd., a business
intelligence provider based in London.
"With his proven ability to translate strategy into execution and
results, Jeff is a wonderful fit for MoneyGram, and I am delighted that
he will be joining our leadership team," said Pamela H. Patsley,
MoneyGram executive chairman of the board.
About MoneyGram International
MoneyGram International offers more control and more choices for people
separated by distance or with limited bank relationships to meet their
financial needs. A leading global payment services company, MoneyGram
International helps consumers to pay bills quickly and safely send money
around the world in as little as 10 minutes. Its global network is
comprised of 180,000 agent locations in nearly 190 countries and
territories. MoneyGram’s convenient and reliable network includes
retailers, international post offices and financial institutions. To
learn more about money transfer or bill payment at an agent location or
online, please visit www.moneygram.com.
Source: MoneyGram International