Last updated: 28 May 2024 at 5:33pm EST

Hikmet Ersek Net Worth




The estimated Net Worth of Hikmet Ersek is at least $10.9 Million dollars as of 23 May 2024. Mr. Ersek owns over 2,165 units of Western Union stock worth over $31,712 and over the last 18 years he sold WU stock worth over $726,840. In addition, he makes $10,099,500 as President, Chief Executive Officer, and Director at Western Union.

Mr. Ersek WU stock SEC Form 4 insiders trading

Hikmet has made over 11 trades of the Western Union stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 2,165 units of WU stock worth $25,504 on 23 May 2024.

The largest trade he's ever made was exercising 1,068,136 units of Western Union stock on 4 June 2019 worth over $16,171,579. On average, Hikmet trades about 43,530 units every 106 days since 2006. As of 23 May 2024 he still owns at least 2,692 units of Western Union stock.

You can see the complete history of Mr. Ersek stock trades at the bottom of the page.





Hikmet Ersek biography

Hikmet Ersek serves as President, Chief Executive Officer, Director of the Company. Hikmet Ersek is our President and Chief Executive Officer (from September 2010) and a member of the Company’s Board of Directors (from April 2010). From January 2010 to August 2010, Mr. Ersek served as the Company’s Chief Operating Officer. Prior to January 2010, Mr. Ersek served as the Company’s Executive Vice President and Managing Director, Europe, Middle East, Africa and Asia Pacific Region from December 2008. From September 2006 to December 2008, Mr. Ersek served as the Company’s Executive Vice President and Managing Director, Europe/Middle East/Africa/South Asia. Prior to September 2006, Mr. Ersek held various positions of increasing responsibility with Western Union. Prior to joining Western Union in September 1999, Mr. Ersek was with GE Capital specializing in European payment systems and consumer finance.

What is the salary of Hikmet Ersek?

As the President, Chief Executive Officer, and Director of Western Union, the total compensation of Hikmet Ersek at Western Union is $10,099,500. There are no executives at Western Union getting paid more.



How old is Hikmet Ersek?

Hikmet Ersek is 59, he's been the President, Chief Executive Officer, and Director of Western Union since 2010. There are 6 older and 18 younger executives at Western Union. The oldest executive at Western Union Company is Richard Goodman, 71, who is the Independent Director.

Insiders trading at Western Union

Over the last 18 years, insiders at Western Union have traded over $13,708,226 worth of Western Union stock and bought 86,834 units worth $1,278,803 . The most active insiders traders include Hikmet Ersek, Jeffrey A Joerres, and Martin I Cole. On average, Western Union executives and independent directors trade stock every 40 days with the average trade being worth of $430,524. The most recent stock trade was executed by Timothy P. Murphy on 26 February 2024, trading 10,000 units of WU stock currently worth $128,500.



What does Western Union do?

with a 160+ year history of connecting people when it matters most, western union continues to shape the world in which we live. western union offers one of the easiest ways for families, friends and businesses to send money and stay connected almost anywhere in the world. it all comes down to the relationships we’ve established over many years. together with our agents, we speak our consumers’ languages and live in our consumers’ neighborhoods. and we share our consumers’ cultures. we are a significant part of each other’s lives. as a result, our agents and employees are more like ambassadors. they are ambassadors of trust. ambassadors of responsibility. and ambassadors of hope. they are the living, breathing manifestation of who we are as a company and everything we stand for. we are inspired, driven, responsible, connected, and game-changers. and we're moving forward with other new ventures too! western union has launched wu digital in san francisco, ca. this technology-driven divis



What does Western Union's logo look like?

Western Union Company logo

Complete history of Mr. Ersek stock trades at Voya Inc and Western Union

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
23 May 2024 Hikmet Ersek
Director
Option 2,165 $73.00 $158,045
23 May 2024
2,692
22 Mar 2023 Hikmet Ersek
Director
Option 527 $69.29 $36,516
22 Mar 2023
527
19 Feb 2021 Hikmet Ersek
President and CEO
Option 233,859 $21.00 $4,911,039
19 Feb 2021
1,338,078
4 Jun 2019 Hikmet Ersek
President and CEO
Option 1,068,136 $15.14 $16,171,579
4 Jun 2019
1,938,665
23 Aug 2016 Hikmet Ersek
President and CEO
Option 276,127 $19.13 $5,282,310
23 Aug 2016
677,998
4 Aug 2015 Hikmet Ersek
President and CEO
Sale 36,000 $20.19 $726,840
4 Aug 2015
294,802
5 May 2015 Hikmet Ersek
President and CEO
Option 230,515 $15.00 $3,457,725
5 May 2015
561,317
28 Oct 2013 Hikmet Ersek
President and CEO
Option 48,694 $17.78 $865,779
28 Oct 2013
256,105
9 Nov 2012 Hikmet Ersek
President and CEO
Buy 8,060 $12.36 $99,622
9 Nov 2012
303,383
30 Jan 2012 Hikmet Ersek
President and CEO
Option 43,910 $18.79 $825,069
30 Jan 2012
369,518
4 May 2011 Hikmet Ersek
President and CEO
Option 10,846 $16.02 $173,753
4 May 2011
336,454


Western Union executives and stock owners

Western Union executives and other stock owners filed with the SEC include: