Mastercard Nominates 15 Candidates for Election to Board of Directors
April 29 2019 - 5:46PM
Business Wire
Youngme Moon and Lance Uggla Proposed
Additions
Mastercard Incorporated (NYSE: MA) today announced that its
Board of Directors has nominated 15 candidates for election as
directors at the company's June 25, 2019 annual meeting of
stockholders. Lance Uggla and Youngme Moon have been added to the
slate as proposed directors.
“We continually seek directors who will continue to push the
company to think and act differently, while remaining consistent
with our corporate values,” said Richard Haythornthwaite, chairman
of the board, Mastercard. “With Youngme and Lance, we gain deep
experience across a broad set of industries that complements our
strategic vision and increasingly diverse business.”
Moon is the Donald K. David Professor of Business Administration
at Harvard Business School, where her research focuses on the
intersection of strategy, branding and innovation, with a
particular focus on youth and the digital economy. Moon also serves
as the vice-chair and senior independent director of Unilever. She
has held various leadership positions at Harvard Business School
and was previously a professor at Massachusetts Institute of
Technology.
Uggla is chairman and CEO of IHS Markit, positions he has held
since 2018. Prior to the 2016 merger of IHS and Markit, he was the
chief executive officer of Markit, a company he founded in 2003 to
deliver transparency to the credit default swap market. The company
launched the first daily credit default swap pricing service that
year. Earlier in his career, Uggla held executive management roles
at Toronto-Dominion Securities, including vice chairman and head of
Europe and Asia.
Mastercard also announced that, as part of a periodic board
review and refreshment, current directors Nancy Karch and Silvio
Barzi will not seek re-election. All other members of the current
board will stand for re-election.
“Nancy and Silvio have both had a significant impact on our
evolution as a public company over the past decade,” said Ajay
Banga, president and CEO, Mastercard. “Their perspective and
experience across the global financial, retail and consumer
marketing sectors have been important contributions to the counsel
and guidance the board has provided our management team. On behalf
of the entire board and management, I thank Silvio and Nancy for
their numerous contributions and wish them each the best in their
future pursuits.”
About Mastercard Incorporated
Mastercard (NYSE: MA), www.mastercard.com, is a technology
company in the global payments industry. Our global payments
processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries
and territories. Mastercard products and solutions make
everyday commerce activities - such as shopping, traveling, running
a business and managing finances - easier, more secure and more
efficient for everyone. Follow us on Twitter @MastercardNews,
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version on businesswire.com: https://www.businesswire.com/news/home/20190429005848/en/
Investor Relations: Gina
Accordino, investor.relations@mastercard.com,
914-249-4565Communications: Seth
Eisen, Seth.Eisen@mastercard.com, 914-249-3153
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