Board of Directors

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Board of Directors

W. Alexander Holmes
Chairman and Chief Executive Officer
W. Alexander

Alex Holmes has served as CEO of MoneyGram International since January of 2016, and was appointed chairman of the board of directors in February 2018.  He 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. Holmes joined MoneyGram International in 2009 as senior vice president for corporate strategy and investor relations.

Prior to MoneyGram, Holmes spent almost nine years at First Data Corporation and Western Union where he gained extensive experience in global financial services and in-depth expertise in the money transfer and payments industries. While at First Data, 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. His career began at the University of Colorado where he worked as a financial systems project lead in the systems administration office.

Mr. Holmes serves on the board of directors of MoneyGram International and on the board of directors of the MoneyGram Foundation, a non-profit organization focused on education. He also serves on the University of Colorado Leeds School of Business board of alumni and friends and is on the board of Vogel Alcove, a non-profit organization with a mission to help young children overcome the lasting and traumatic effects of homelessness. Holmes is a member of LoneStar YPO.

Holmes is a graduate of the University of Colorado, where he earned a Bachelor’s of Science in Business Administration & Accounting, and a Master of Science in Information Technology.

J. Coley Clark
Director
Chairman & Chief Executive Officer, BancTec, Inc.
J. Coley

J. Coley Clark has served as a director of MoneyGram International, Inc. since May 2010. Mr. Clark is also a director of Exela Technologies, Inc., a position he has held since December 2019, and currently chairs its Compensation Committee and serves on its Audit and Nominating and Corporate Governance Committees.  Mr. Clark is the retired Chief Executive Officer and Chairman of the Board of BancTec, Inc., a global provider of document and payment processing solutions. Prior to his retirement in December 2016, he was Co-Chairman of the Board (from 2014 to December 2016) and Chairman of the Board and Chief Executive Officer of BancTec, Inc. (from September 2004 to2014). In 2004, Mr. Clark retired from Electronic Data Systems Corporation, or EDS, an outsourcing services company that was acquired by Hewlett-Packard in 2008, as Senior Vice President and head of the Financial and Transportation Industry Group. He joined EDS in1971 in the Systems Engineering Development Program and progressed through a variety of technical, sales and management roles related to the financial and insurance industries. He assumed responsibility for the Financial Industry Group in 1986 and was named a corporate officer in 1989. Mr. Clark was appointed a Senior Vice President in 1996 and served as a member of the Global Operations Council at EDS, which was the senior management group within the company. In addition, Mr. Clark 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
Director
Executive Vice President, Finance and Administration and Chief Financial Officer of Inovant LLC
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
Director
Counsel, White & Case LLP
Amb. Antonio O. Garza

Ambassador Antonio O. Garza has been a member of the Board of Directors of MoneyGram International Inc. since 2012. Amb. Garza has served as Counsel in the Mexico City office of White & Case LLP, an international law firm, since 2009. He currently serves as a director of Kansas City Southern, a railroad company, and Chairman of the Board of Kansas City Southern de México, a subsidiary of Kansas City Southern. Amb. Garza serves on the Board of Trustees of Southern Methodist University. He served as a director of Basic Energy Services, Inc. from 2009 to 2016. From 2002 to 2009, Amb. Garza was the U.S. Ambassador to Mexico. Prior to that time, Amb. Garza served as chairman of the Texas Railroad Commission, having been elected to that statewide office in 1998. Amb. Garza is a former partner at Bracewell & Patterson LLP (now Bracewell) 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.

Chair of the Compliance and Ethics
Michael P. Rafferty
Director
Michael Rafferty

Michael P. Rafferty joined MoneyGram in March 2016. Mr. Rafferty 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.

Member of the Compliance and Ethics
W. Bruce Turner
Director
Chief Executive Officer of Lottomatica S.p.A., retired
W. Bruce Turner

W. Bruce Turner joined MoneyGram International as a director in May 2010. Mr. Turner served as the Chief Executive Officer of Lottomatica Group S.p.A. (a/k/a, Lottomatica SpA), a global lottery operations and technology service company, from 2006 to 2008, where he also acted as its General Manager. From 2002 to 2006, he served as Chief Executive Officer, as well as other executive roles, of GTECH Holdings Corporation, a global technology services company in the government regulated lottery industry, and now a subsidiary of Lottomatica. From 2001 to 2002, Mr. Turner served as Chairman of GTECH and from 2000 to 2001, he served as Chairman and Acting Chief Executive Officer

Prior to joining GTECH, Mr. Turner was the Managing Director, Gaming Equity Research, of Salomon Smith Barney Inc. from 1993 to 1999. Prior to this role, he 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.

Mr. 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
Peggy Vaughan
Director
Global Consulting Services Leader of International Business Machines, retired
Peggy Vaughan

Peggy Vaughan was appointed to the MoneyGram International Board of Directors in February 2014. Ms. Vaughan currently advises portfolio companies in technology, life sciences, consumer goods, financial services and media industries, and also serves on the advisory committee for TWV Capital Management, LLC. Ms. Vaughn served 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 PWS, 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.

Member of the Compliance and Ethics