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Christina Gold served as the President and Chief Executive Officer of Western Union from 2006 until 2010. Before that, she had a solid career, which included significant roles like the CEO of Excel Communications and President of Avon North America....

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Christina Gold

Ex-CEO of Western Union

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Financial Services

Born

January 1, 1961 - 64 years ago

CEO of Western Union for

1 year 0 months (Sep 2009 - Sep 2010)

Previous Experience

Various positions at Western Union since 2002

Holdings

See how much did Christina Gold make over time.

Christina Gold held a significant amount of stock in Western Union during her tenure. At one point, she had over 168,000 restricted stock units, which were intended to incentivize her performance and ensure she remained focused on the company's goals....

Insider Trading

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Compensation History

See how much did Christina Gold make over time.

In 2009, Christina Gold's compensation package totaled about $8.1 million, significantly influenced by her performance metrics. Her salary stood at $975,000, with a notable bonus component that was tied to the company's annual performance targets, set to incentivize her to drive revenue and operating results. As part of her compensation plan, she was eligible for bonuses that could reach 150% of her salary, which reflects a commitment to performance-based pay practices. The total included vested stock worth over $2.5 million, demonstrating how long-term incentives were crucial to her overall earnings strategy. Christina's compensation structure at Western Union serves as a clear example of how executive pay can be closely linked to a company's success, with her bonuses directly reflecting her ability to meet substantial corporate goals. This structure aimed to attract and retain top talent while focusing her efforts on creating value for shareholders.

Year

2010

Total Compensation

$4.98M

Salary

$975.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate outstanding executive talent while aligning executive goals with stockholder interests, emphasizing performance-based pay.

Bonus

$1.46M

Board Justification

Annual Incentive Plan target set at 150% of base salary, reflecting performance against pre-established targets for 2010.

Other

$1.54K

Board Justification

Includes various benefits such as health insurance premiums, contributions to retirement plans, and other personal benefits.

Restricted Stock

$2.54M(168.64K Restricted Stock Units)

Board Justification

Restricted stock units granted in February 2009, with a portion vesting upon her departure from the company, reflecting a pro rata portion for 18 months of the original 48-month vesting schedule.

Performance Metrics

Performance metrics for the Annual Incentive Plan were based on the company's revenue and operating income objectives.

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