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Western Union appoints president for WU Foundation

Global payment services provider The Western Union Company (WU) has named Patrick Gaston as president of The Western Union Foundation.

Reporting to the WU foundation board of directors chair John Dye, Patrick Gaston will oversee its global philanthropic strategy, including employee engagement, grant making and strategic initiatives.

Dye said, "Under Patrick’s leadership, The Western Union Foundation will continue to focus on its mission and commitment to drive economic opportunity for families around the world."

Prior to accepting the current role, Gaston worked as president and CEO of Gastal Networks, a management consulting firm. Before this, Gaston served as a senior advisor to the Clinton Bush Haiti Fund as well as president of the Verizon Foundation, one of the largest corporate foundations in America. He also served on a number of national non-profit boards including the NAACP Board of Trustees.

Western Union together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, enables consumers and businesses to send and receive money globally.

In 2011, the company closed around 226 million consumer-to-consumer transactions worldwide, moving $81bn of principal between consumers, and 425 million business payments.