MoneyGram Announces Leadership Succession Plan

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Evercore ISI Upgrades MoneyGram International (MGI) to Hold

August 3, 2015 11:34 AM EDT

Evercore ISI upgraded MoneyGram International (NASDAQ: MGI) from Sell to Hold with a price target of $10.00.

For an analyst ratings summary and ratings history on MoneyGram International click here. For more ratings news on MoneyGram International click here.

Shares of MoneyGram International closed at $10.20 yesterday.

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MoneyGram (MGI) Appoints New CEO

July 31, 2015 7:01 AM EDT

MoneyGram (NASDAQ: MGI) announced that its Board of Directors has chosen W. Alexander Holmes to serve as MoneyGram's next chief executive officer, beginning on January 1, 2016. He will succeed MoneyGram chairman and CEO Pamela H. Patsley, who on the same date will assume the role of executive chairman for a minimum of two years. Holmes, currently the Company's executive vice president, chief financial officer and chief operating officer, will join the MoneyGram Board by the start of his tenure as CEO.

"We are pleased to be moving forward with a succession plan that provides... More