MoneyGram Announces Hilary Jackson as New Chief Operating Officer

Rhea-AI Summary

MoneyGram International (NASDAQ: MGI) has appointed Hilary Jackson as the new Chief Operating Officer, effective April 26, 2021. Jackson brings extensive experience from her previous role at Selene Holdings and executive positions at Capital One and Bank of America. Chairman and CEO Alex Holmes expressed excitement over Jackson's appointment, highlighting her success in technology and operations within the financial services sector. This leadership change is positioned to accelerate MoneyGram's digital transformation and enhance its position in the P2P payment market.

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• Appointment of Hilary Jackson as COO brings extensive experience from executive roles in financial services.
• Focus on accelerating digital transformation to enhance P2P payment capabilities.

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• None.

DALLAS, April 6, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the appointment of Hilary Jackson as its new Chief Operating Officer reporting to Alex Holmes, Chairman and CEO. The appointment is effective April 26, 2021.

Ms. Jackson joins MoneyGram from Selene Holdings where she served as Chief Operating Officer. Prior to joining Selene, Ms. Jackson held multiple executive roles at Capital One, including Head of Technology for Top of House Products within Capital One's Financial Services division, and Head of Home Loans Servicing.  

Hilary also spent 12 years at Bank of America, where she provided executive leadership in the mortgage lines of business. Within mortgage servicing, she led risk assessment and analytics, horizontal business controls, business transformation, strategic implementation, program management, and loss mitigation operations. She also held executive leadership roles within the mortgage originations and sales organizations. 

"We are thrilled to welcome Hilary Jackson as our new Chief Operating Officer," said Alex Holmes, MoneyGram Chairman and CEO. "As we continue to accelerate our digital transformation, Hilary's strong track record of success leading technology and operations functions in the financial services sector will be critical to helping MoneyGram continue to lead the evolution of digital P2P payments and mobilize the movement of money."

About MoneyGram International, Inc.
MoneyGram is leading the evolution of digital P2P payments. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve nearly 150 million people across the globe over the last five years.

The Company leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve consumers through MoneyGram Online (MGO), its direct-to-consumer digital business, its global retail network and its emerging embedded finance business for enterprise customers, MoneyGram as a Service.

For more information, please visit ir.moneygram.com and follow @MoneyGram.

Media Contact
Stephen Reiff
media@moneygram.com

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SOURCE MoneyGram

FAQ

Who is the new COO of MoneyGram (MGI)?

Hilary Jackson has been appointed as the new Chief Operating Officer of MoneyGram.

When does the new COO of MoneyGram start?

Hilary Jackson will officially start as COO on April 26, 2021.

What experience does Hilary Jackson have in financial services?

Hilary Jackson has previously held executive roles at Selene Holdings, Capital One, and Bank of America.

What are the expected impacts of Hilary Jackson's appointment on MoneyGram (MGI)?

Her appointment is expected to accelerate MoneyGram's digital transformation and advance its P2P payment services.