Mastercard Names Craig Vosburg Chief Product Officer; Promotes Linda Kirkpatrick to President, North America
December 03 2020 - 10:00AM
Business Wire
Mastercard today appointed Craig Vosburg as chief product
officer and named Linda Kirkpatrick to succeed him as president,
North America, with both positions effective January 1, 2021.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201203005623/en/
Craig Vosburg (Photo: Business Wire)
As chief product officer, Vosburg will lead a newly integrated
products and engineering organization for the company. This
includes all areas that are integral to growing Mastercard’s
business and executing on opportunities in multi-rail, digital and
B2B payments – consumer products, commercial products, acceptance
solutions, real-time, account-to-account and push payments,
processing, open banking and Mastercard Labs. These teams,
including those added through the acquisitions of Vocalink,
Transfast, Transactis and Finicity and the anticipated close of the
Nets Corporate Services transaction in early 2021, will have a
singular focus on serving Mastercard customers with end-to-end
accountability for developing and delivering the products they
need.
“Craig has been an integral part of our leadership team over the
past decade. He’s brought a thoughtful and analytical approach to
resetting our course in North America and the results speak for
themselves," said Michael Miebach, president and CEO-elect. “As we
prepare for the next decade, we believe this same approach will
deliver dividends in an integrated product management and
engineering organization. The teams will have a greater ability to
collaborate and innovate to take advantage of the opportunities of
the post-Covid world.”
As president, North America, Kirkpatrick will oversee
Mastercard’s customer-facing activities in the U.S. and Canada,
including sales, business development, strategy and relationship
management with issuers, merchants, digital partners, governments,
acquirers and processors.
Earlier this year, she was named president, U.S. issuers,
managing the company’s regional credit, debit, commercial and
prepaid card programs and service offerings with banks, credit
unions and processors across the U.S. market. Prior to this role,
Kirkpatrick was responsible for key merchant and acquirer
relationships and business development across a number of
sectors.
“Linda has deep experience across so many areas of our
business,” said Ajay Banga, chief executive officer. “In each role,
she’s established herself as a trusted partner and a relentless
force to deliver a positive impact for our customers, our partners
and the markets where we operate. This foundation – and the
relationships she has established along the way – will only
strengthen our ability to deliver on tomorrow’s opportunities.”
Kirkpatrick’s successor as president of U.S. issuers will be
announced at a later date.
About Mastercard (NYSE:MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ,
drives our culture and everything we do inside and outside of our
company. With connections across more than 210 countries and
territories, we are building a sustainable world that unlocks
priceless possibilities for all.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201203005623/en/
Investor Relations: Warren Kneeshaw or Gina Accordino,
investor.relations@mastercard.com, 914-249-4565 Communications:
Seth Eisen, seth.eisen@mastercard.com, 914-249-3153
MasterCard (NYSE:MA)
Historical Stock Chart
From Mar 2024 to Apr 2024
MasterCard (NYSE:MA)
Historical Stock Chart
From Apr 2023 to Apr 2024