This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

MoneyGram International's Management Discusses Appointment Of Alex Holmes As Chief Financial Officer Conference Call (Transcript)

With that, I’ll turn the call over to Pam.

Pamela H. Patsley

Thanks, Eric. Good morning and thanks everyone for joining us. Today we announced two senior level appointments and I wanted to take a few minutes to discuss this news with you. First, as I am sure you’ve heard by now Dutcher on the call, we have announced that Alex Holmes has been named Executive Vice President and Chief Financial Officer of the company effective immediately. Alex succeeds Jim Shields who served as MoneyGram's EVP and CFO since July 2010. Jim will remain with the company through May 15, 2012 in the event anything is needed to ensure a smooth transition. We expect this transition though to be seamless.

Jim’s contributions to MoneyGram’s reorganization and restructure, which began shortly after he arrived almost two years ago, have been widely important to MoneyGram’s turn around. We appreciate this and we wish Jim well and all the best in his future endeavors.

Many of you already know Alex. He has been with MoneyGram since 2009 and he has led our Corporate Strategy and Investor Relations department. Alex has extensive and detailed knowledge of the industry, MoneyGram’s business operations, our partnership activities and growth objectives. Now he is responsible for all finance related functions and the continued close collaboration with our business leaders and the development of MoneyGram's operational and strategic initiative.

With me and the support of Eric Dutcher, Alex will also continue to develop and expand MoneyGram’s involvement with the investor community, a role in which many of you already know him and a role typically with the CFO. Alex has been central to MoneyGram’s transformation over the last several years and we view his appointment as an important step in reinforcing the strength of MoneyGram’s finance department and leadership. Alex is with me on this call and he will be available to help answer your questions after a few remarks.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs