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Talk:Hikmet Ersek

Latest comment: 3 years ago by Z1720 in topic Edit Request
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Edit Request

edit
Latest comment: 4 years ago3 comments2 people in discussion

NOTE: I am proposing this edit for FleishmanHillard on behalf of Western Union. I am a paid editor and aware of the COI guidelines. I am submitting this edit request to propose updating language that is inaccurate and unsubstantiated by sourcing. I’ve provided an overview of proposed edits below to update the language. Thank you for your consideration. Taylorcanderson (talk) 22:01, 10 January 2020 (UTC)Reply

Controversies: Currently, the fourth paragraph of this section claims that Odilon Almeida was the company’s “Number Two” executive. Though accurate that Almeida served as Executive Vice President and President of Global Money Transfer (as confirmed by existing source in the article), the “Number Two” label is an assumption unsubstantiated by sourcing.

  1. The same paragraph also states that Stewart Stockdale had the same position as Almeida, when in actuality he served as the company’s president of global consumer financial services. [1] As the existing copy asserts that both men were “Number Two”, but both had different titles, we suggest updating this paragraph to address both departures factually. Please see below for a recommended update, which would replace the existing fourth paragraph of the section:

On May 29, 2019, Western Union announced the departure of Odilon Almeida, who served as Executive Vice President and President of Global Money Transfer, [2] which generates 80 percent of the company’s revenues. [3] On October 30, 2012, Western Union announced that Stewart Stockdale, former president of global consumer financial services, had left the company. [4]

References

  1. ^ "Western Union shares drop to 3-year low". Yahoo!. October 31, 2012. Retrieved January 8, 2020. Western Union also announced that the Stewart Stockdale, president of global consumer financial services, has left the company.
  2. ^ "Form 8-K". United States Securities and Exchange Commission. May 19, 2019. Retrieved January 8, 2020. On May 29, 2019, The Western Union Company (the "Company") announced that Odilon Almeida will cease serving as Executive Vice President, President – Global Money Transfer, effective as of June 30, 2019.
  3. ^ Tom Hudson (March 6, 2019). "The Sunshine Economy: Immigration And Moving Money With Western Union". WLRN. Retrieved January 8, 2020. Today, Almedia runs global money transfers for Western Union from Miami. The division generates 80 percent of the company's revenues -- over $4 billion per year.
  4. ^ "Western Union shares drop to 3-year low". Yahoo!. October 31, 2012. Retrieved January 8, 2020. Western Union also announced that the Stewart Stockdale, president of global consumer financial services, has left the company.

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— Preceding unsigned comment added by Taylorcanderson (talk • contribs) 22:01, 10 January 2020 (UTC)Reply

Please supply the verbatim text of the sentences to be removed.  Spintendo  02:31, 11 January 2020 (UTC)Reply

Clarification on Edit Request

edit
Latest comment: 4 years ago2 comments2 people in discussion

@Spintendo: Per your request, please see below for the verbatim text to be removed from the Controversies section per our original edit request submitted on January 10, 2020 and your request for clarification. Also below is the copy intended to replace the removed copy, as well as related sourcing. Thank you for your consideration! Taylorcanderson (talk) 16:45, 27 January 2020 (UTC) Reply

Extended content
  • Copy to remove from Controversies section

On May 29, 2019, Western Union announced the departure of the company's Number Two executive, Odilon Almeida, who served as Executive Vice President and President of Global Money Transfer, the company's largest division by revenue and staff.[8] In 2012, Stewart Stockdale, who had the same position as Almeida, left the company in a similar situation. This marked the second time, in less than a decade that the #2 person at Western Union left with Ersek alone at the helm.

  • Replacement copy and related sourcing for removed paragraph

On May 29, 2019, Western Union announced the departure of Odilon Almeida, who served as Executive Vice President and President of Global Money Transfer, [1] which generates 80 percent of the company’s revenues. [2] On October 30, 2012, Western Union announced that Stewart Stockdale, former president of global consumer financial services, had left the company. [3]

References

  1. ^ "Form 8-K". United States Securities and Exchange Commission. May 19, 2019. Retrieved January 8, 2020. On May 29, 2019, The Western Union Company (the "Company") announced that Odilon Almeida will cease serving as Executive Vice President, President – Global Money Transfer, effective as of June 30, 2019.
  2. ^ Tom Hudson (March 6, 2019). "The Sunshine Economy: Immigration And Moving Money With Western Union". WLRN. Retrieved January 8, 2020. Today, Almedia runs global money transfers for Western Union from Miami. The division generates 80 percent of the company's revenues -- over $4 billion per year.
  3. ^ "Western Union shares drop to 3-year low". Yahoo!. October 31, 2012. Retrieved January 8, 2020. Western Union also announced that the Stewart Stockdale, president of global consumer financial services, has left the company.

Reply 28-JAN-2020

edit

   Edit request partially implemented  

  • The phrase "number two" was omitted from the article.

  Additional changes made:

  1. {{Citation needed}} inline templates were applied where needed.
  2. A {{refimprove}} maintenance template was applied.
  3. Non-notable awards were omitted.
  4. The deprecated |residence= parameter was omitted from the infobox.

Regards,  Spintendo  23:43, 28 January 2020 (UTC)Reply

Edit Request

edit
Latest comment: 4 years ago2 comments2 people in discussion

NOTE: I am proposing this edit for FleishmanHillard on behalf of Western Union. I am a paid editor and aware of the COI guidelines.

I am submitting this edit request to propose a minor update to the first line of the page to accurately describe Ersek’s heritage/background (related sourcing is included below with the proposed revision).

The first line of the page describes Ersek as a Turkish businessman, when in actuality, he is of Austrian-Turkish descent.

Thus, we propose changing the first line from: “Hikmet Ersek is a Turkish businessman currently serving as CEO of Western Union.” to “Hikmet Ersek is an Austrian-Turkish[1] businessman currently serving as CEO of Western Union.”

Thank you for your consideration. Jon Gray (talk) 00:09, 6 February 2020 (UTC)Reply

References

  1. ^ "A Spectrum of Traditions". The New York Times. July 28, 2012. Retrieved February 5, 2020. MY mother is a Christian from Austria and my father a Muslim from Turkey. They met and married in Paris and settled in Istanbul, my father's home. I was born there and attended an Austrian school in the city. At 19, I moved to Austria to attend what is now the Vienna University of Economics and Business.

Reply 5-FEB-2020

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   Edit request partially implemented  

  • Since there is a dispute over whether "Turkish businessman" refers to the subject's genealogical makeup versus their nationality, and since Wikipedia does not do genealogical distinctions of which parent has which lineage,[a] the term "Turkish businessman" has been omitted in favor of just "businessman". The reader continues to be able to see that the subject was born in Istanbul, according to the infobox.

Regards,  Spintendo  00:57, 6 February 2020 (UTC)Reply

Notes

  1. ^ Per WP:NOTGENEALOGY.

Edit Request

edit
Latest comment: 3 years ago4 comments4 people in discussion

NOTE: I’m proposing the following edits for FleishmanHillard on behalf of Western Union. I am a paid editor and aware of the COI guidelines. Please let me know of any questions or comments as you review. Thanks for your time and consideration. Jon Gray (talk) 01:17, 1 October 2020 (UTC)Reply

Lead Section

Propose removing “Turkish” from his description as a “Turkish businessman.” This edit was previously implemented on the grounds that there was a “dispute over whether ‘Turkish businessman’ refers to the subject's genealogical makeup versus their nationality,” and “Wikipedia does not do genealogical distinctions of which parent has which lineage.” After that edit was made, it was later reverted back to read “Turkish businessman,” so we propose only using “businessman” as his descriptor.

Career

The fourth sentence of this section incorrectly claims (without citation) that the company’s stock price decreased 5% during his tenure. However, per the history of the NYSE, the company’s stock price has increased 6.15% during his tenure.[1] Thus, we propose replacing that sentence with the following:

Western Union’s stock price also has generated an annualized total return of 6.15% during his tenure.[2]


Controversies

Propose adding the following sentence (in bold) to account for the fact that charges connected to the 2017 settlement were dismissed in March 2020 per the terms of the deferred prosecution agreement:

In 2017, Western Union admitted to anti-money laundering and consumer fraud violations and agreed to pay $586 million in a settlement with the Department of Justice.[5] Among other charges, the Justice Department showed that Western Union was complicit in creating an ecosystem where criminals were able to engage in consumer fraud and human trafficking. The charges were dismissed in March 2020.[3]


Personal Life

Suggest adding the following sentence to the personal life section to account for Ersek’s role as Honorary Consul to Austria:

In 2015, Ersek was appointed as honorary consul for Austria at the country’s consulate in Denver. [4]

Reply 25-DEC-2020

edit

Concerning your suggested edit on WU performance, the 6.15% of stock 'annualized' performance shall be clarified: start date / end date + compared with a benchmark i.e. either S&P500 or Nasdaq100. From a quick look, as of the date of your post, seems less flattering: WU up 55.55% from jan2010 to oct2020, while S&P up 198.40% and Nasdaq up 513.94% [5] these figures can be annualized Best regards, 2A01:CB10:5B:6C00:718D:F6F1:B028:D6DF (talk) 15:22, 25 December 2020 (UTC)Reply


Reply 4JAN21

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Hi all, i did some implementation as per this request: removed the reference to the nationality in the first sentence, added in the award section the fact about the honorary consul title and added some stock price performance to correct the previous paragraph. Hope it's ok for you all Regards Victrue (talk) 14:43, 4 January 2021 (UTC)Reply

References

  1. ^ "The Western Union Company (WU)". Yahoo Finance. Retrieved September 30, 2020.
  2. ^ "The Western Union Company (WU)". Yahoo Finance. Retrieved September 30, 2020.
  3. ^ "Department of Justice Begins First Distribution of Funds Recovered Through Asset Forfeiture to Compensate Victims of Western Union Fraud Scheme". United States Department of Justice. March 10, 2020. Retrieved September 30, 2020. Western Union had fulfilled its obligations under the DPA and the government has filed a motion to dismiss the information, which the court granted today.
  4. ^ "Austria reopens its honorary consulate in Denver". The Denver Post. May 22, 2015. Retrieved September 30, 2020. Austria has reopened an honorary consulate in Denver and appointed Western Union chief executive Hikmet Ersek and his wife, Nayantara Ghosh-Ersek, to oversee it.
  5. ^ https://app.koyfin.com/share/41917c01ee
Hi @Jon Gray: I think the request edit above has been answered, so I have closed the ticket. I also added your paid editing status to the top of the page to let other editors see your status. Please post below if you have any questions or would like to propose additional changes to this article. Z1720 (talk) 03:21, 18 January 2021 (UTC)Reply
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