MoneyGram Announces Leadership Succession Plan
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August 3, 2015 11:34 AM EDT
Evercore ISI upgraded MoneyGram International (NASDAQ: MGI) from Sell to Hold with a price target of $10.00.
For an analyst ratings summary and ratings history on MoneyGram International click here. For more ratings news on MoneyGram International click here.
Shares of MoneyGram International closed at $10.20 yesterday.
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July 31, 2015 7:01 AM EDT
MoneyGram (NASDAQ: MGI) announced that its Board of Directors has chosen W. Alexander Holmes to serve as MoneyGram's next chief executive officer, beginning on January 1, 2016. He will succeed MoneyGram chairman and CEO Pamela H. Patsley, who on the same date will assume the role of executive chairman for a minimum of two years. Holmes, currently the Company's executive vice president, chief financial officer and chief operating officer, will join the MoneyGram Board by the start of his tenure as CEO.
"We are pleased to be moving forward with a succession plan that provides... More
