MoneyGram swipes Wells Fargo vet for CFO
Yahoo Finance·2025-12-11 15:29

Group 1 - MoneyGram International has appointed Marc Winniford as its new finance chief, effective February, following a transitional period for the company [5][6] - The company is undergoing a digital overhaul after experiencing a severe outage in 2024 that affected its operations [3] - The appointment comes after Gary W. Ferrera's retirement in June 2025, who served as CFO for one year [4][6] Group 2 - Winniford previously served as CFO of Wells Fargo's Corporate & Investment Banking segment and has extensive experience in senior leadership roles at the bank [5] - MoneyGram is focused on transforming its finance organization to enhance operational excellence and growth, with CEO Anthony Soohoo emphasizing the importance of Winniford's leadership [5][8] - The finance team includes seasoned leaders and new hires from notable companies, indicating a strategic approach to strengthening the organization [7]

MoneyGram swipes Wells Fargo vet for CFO - Reportify