New management reflects focus on continued growth

DALLAS--(BUSINESS WIRE)-- MoneyGram International (MGI), a leading global money transfer company, today announced that Peter E. Ohser has been promoted to senior vice president, U.S. and Canada, and Grant Lines has joined MoneyGram as senior vice president, Asia Pacific and the Middle East.

Pete Ohser, MoneyGram Senior Vice President, U.S. and Canada. (Photo: Business Wire)

I am very pleased to announce the addition of these two talented individuals to our leadership team, said Pamela H. Patsley, MoneyGrams chairman and CEO. Pete has been with MoneyGram for 12 years in a variety of roles, and has consistently demonstrated exceptional leadership, a keen understanding of the Company and our industry, and the ability to develop and maintain solid relationships in our agent base. It is exciting to have the opportunity to benefit from MoneyGrams internal talent growth, and for the Company to continue to benefit from Petes contributions in a broader capacity.

I am equally pleased to announce the addition of Grant, who joins MoneyGram as an accomplished veteran in the card and payments industry in Asia Pacific," said Patsley. "Grants experience in business development and managing various geographic regions will help MoneyGram continue its strong growth in Asia Pacific and the Middle East. With Grant and Pete, we have significantly enhanced our leadership team and this will support MoneyGrams strong focus on creating long-term shareholder value and growth.

Ohsers responsibilities during his time at MoneyGram have included retail sales management, strategic planning, finance, operations and risk management. In his new role, Ohser is responsible for MoneyGram retail, national accounts, bill pay and financial paper products in the U.S. and Canada. He is based in Dallas.

Lines previous responsibilities follow a 20-year tenure at First Data Corporation, where he held a variety of positions throughout Asia Pacific, most recently as managing director of Australia and New Zealand. Lines is based in Sydney and also will spend time in the Companys Dubai, Hong Kong, Mumbai and Shanghai offices.

About MoneyGram

MoneyGram, a leading global money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide and bill payment services in the United States and Canada through a global network of more than 293,000 Agent locations including retailers, international post offices and financial institutions in 197 countries and territories around the world. To learn more about money transfer or bill payment at an agent location or online, please visit moneygram.com or connect with us on Facebook.

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MoneyGram International
Sophia Stoller / Mike Gutierrez, 214-303-9923
media@moneygram.com

Source: MoneyGram International

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