Western Union 2014 Annual Report Download - page 38

Corporate Governance PROXY STATEMENT
The Western Union Company – Proxy Statement | 20
NOTICE OF 2015 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
Audit Committee
Richard A. Goodman
Committee Chair
Additional Committee Members: Linda Fayne Levinson, Roberto G. Mendoza and Michael A. Miles, Jr.
Meetings Held in 2014: 8
Primary Responsibilities: Pursuant to its charter, the Audit Committee assists the Board of Directors in fulfilling its
oversight responsibilities with respect to:
s¬ INTEGRITY¬OF¬THE¬#OMPANYS¬CONSOLIDATED¬FINANCIAL¬STATEMENTS
s¬ COMPLIANCE¬WITH¬LEGAL¬AND¬REGULATORY¬REQUIREMENTS
s¬ INDEPENDENT¬REGISTERED¬PUBLIC¬ACCOUNTING¬FIRM¬QUALIFICATIONS¬AND¬INDEPENDENCE¬AND
s¬ PERFORMANCE¬OF¬THE¬#OMPANYS¬INTERNAL¬AUDIT¬FUNCTION¬AND¬INDEPENDENT¬REGISTERED¬PUBLIC¬ACCOUNTING¬FIRM
Independence: Each member of the Audit Committee meets the independence requirements of our Corporate
Governance Guidelines, the NYSE and the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and
as the Board has determined, has no material relationship with the Company. Each member of the Audit Committee
is financially literate, knowledgeable, and qualified to review financial statements. The Board has designated Mr.
Goodman as a “financial expert” as defined by Item 407(d) of Regulation S-K.
Service on Other Audit Committees: No director may serve as a member of the Audit Committee if such director
serves on the audit committees of more than two other public companies, unless the Board determines that such
simultaneous service would not impair the ability of such director to effectively serve on the Audit Committee.
Currently, none of the Audit Committee members serve on more than three audit committees (including the Company’s
Audit Committee).