The Fortune 500 company affirms significant, long-term investment to
the local community as it celebrates 155 years of serving Denver
DENVER--(BUSINESS WIRE)--
The
Western Union Company (NYSE: WU), a leader in cross-border,
cross-currency money movement, announces the completed relocation of its
global headquarters from Englewood to a new, highly-visible location in
Denver, Colorado. The Fortune 500 company estimates making a long-term
economic investment to the region of more than USD $300 million over the
next decade.
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As the centerpiece of Western Union's worldwide operations, the company has completed the relocation to its new global headquarters in Denver, Colorado. (Photo: Business Wire)
“As the centerpiece of our worldwide operations, our new headquarters
reflects the company’s ongoing transformation, with a state-of-the-art
workspace that promotes collaboration, innovation and sustainability,”
President and CEO of Western Union, Hikmet Ersek said. “The move to this
dynamic city marks another milestone in the significant, long-term
commitment we made one year ago, to reinvest in community and people,
further strengthening our roots in Denver.”
Central to light rail access and other urban amenities, Western Union
supports the positive environmental impact of public transit, while also
making it easier for employees to commute to work and take advantage of
the efficiency of working while in transit. Shuttles will transport
employees between the two locations at 7001
E. Belleview Ave. and 7979
E. Tufts Ave. The combined space totals approximately 350,000 square
feet with workspaces for the more than 1,300 employees based in Denver.
The facilities have a range of upgraded features from advanced
conferencing and communication technology, innovation labs, and
ergonomically designed furniture, to digitally-enabled, self-checkout
micro markets.
“Western Union connects people around the world every day. With
progressive workspaces such as community hubs, technology-enhanced
meeting rooms, and a grand staircase for company-wide meetings and
broadcasts, we’re connecting our employees in new ways and fostering a
collaborative atmosphere,” EVP and Chief Human Resources Officer at
Western Union, Richard Williams said. “Our vision, people and productive
work environment will enable us to attract and retain the best talent in
the Denver area.”
Embracing the theme of innovation, Western Union recently announced
that the company will work with Boulder-based Techstars,
to run a mentorship-driven accelerator program and provide seed funding.
The 30 early-stage international start-ups will be based out of Western
Union’s new Denver-based headquarters, work closely with and be mentored
by the company’s leadership team.
Last year, the Western
Union Foundation announced an infusion of USD $1
million in contributions to local nonprofits supporting education,
including: Denver
Public Schools Foundation, Junior
Achievement Rocky Mountain, Emily
Griffith Technical College, and Mi
Casa Resource Center. Since its inception in 2001, the Western Union
Foundation has provided nearly $8 million in grants to 340 non-profits
in the Denver community.
In 2017, Western Union announced a three-year
deal to become the first NBA corporate jersey sponsor of the Denver
Nuggets and a MLS sponsorship with the Colorado Rapids.
This year, Western Union celebrates 155 years in Denver. On October 10,
1863 the first telegraph line arrived in Denver, connecting to the
transcontinental telegraph in Julesburg, Colorado.
Today, Western Union’s cross-border, cross-currency platform – including
a robust digital footprint, a vast global network of over half a million
locations, and the ability to send money to billions of consumer
accounts and mobile wallets – sets the standard for international money
movement. More than 350,000 customers used a Western Union agent
location in the Denver region last year, sending nearly $500 million to
friends and family in 200 countries.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in cross-border,
cross-currency money movement. Our omnichannel platform connects the
digital and physical worlds and makes it possible for consumers and
businesses to send and receive money and make payments with speed, ease,
and reliability. As of September 30, 2018, our network included over
550,000 retail agent locations offering Western Union, Vigo or Orlandi
Valuta branded services in more than 200 countries and territories, with
the capability to send money to billions of accounts. Additionally,
westernunion.com, our fastest growing channel in 2017, is available in
more than 50 countries and territories to move money around the world.
In 2017, we moved over $300 billion in principal in nearly 130
currencies and processed 32 transactions every second across all our
services. With our global reach, Western Union moves money for better,
connecting family, friends and businesses to enable financial inclusion
and support economic growth. For more information, visit www.westernunion.com.
WU-G
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The Western Union Company
Rachel Rogala, +1 303-808-2674
Rachel.rogala@wu.com
Source: The Western Union Company