Visa Inc. Appoints Charlotte Hogg as Chief Executive Officer of the Company’s European Operations
September 07 2017 - 7:31AM
Business Wire
Visa (NYSE:V) announced today it has appointed Charlotte Hogg as
the new executive vice president and chief executive officer for
its European operations, effective October 1, 2017. Ms. Hogg will
report to Visa’s chief executive officer, Al Kelly, and Visa Europe
Limited (VEL) board chairman, Gary Hoffman. Ms. Hogg will join the
VEL board of directors and will also be a member of Visa’s global
executive committee.
Ms. Hogg brings more than 25 years of experience to Visa, in
roles that span financial services, bank operations and management
consulting. Ms. Hogg most recently served as chief operating
officer for the Bank of England, from 2013 to 2017. Prior to that
role, she led retail distribution for Santander in the UK and
previously worked at Experian as the managing director of UK and
Irish operations.
Earlier in her career, Ms. Hogg was a managing director for
strategy and planning at Morgan Stanley, and a management
consultant at McKinsey & Company, based in the U.S. Ms. Hogg
graduated from the University of Oxford with a Bachelor of Arts
degree.
“After an extensive search, we are very pleased to have
Charlotte lead our team in Europe,” said Al Kelly, chief executive
officer of Visa Inc. “Charlotte’s depth of experience and
outstanding accomplishments in the European financial services
market will be a great addition to our global management team. She
will lead the effort to expand our merchant and financial
institution relationships, and capitalize on the tremendous growth
opportunity in the European region.”
“I'm honored and thrilled to be joining Visa at this time.
Across Europe, as well as globally, the developments in digital and
payments provide new opportunities for consumers, financial
institutions and merchants,” said Ms. Hogg. “It will be a privilege
to work with colleagues across the globe to bring European clients
the deep technological expertise and innovation for which Visa is
known.”
Ms. Hogg joins Visa at a pivotal time in its business and growth
trajectory. Visa Inc. acquired Visa Europe Ltd. in June of 2016 to
create a single global company, positioned to provide Visa’s
European clients with a more seamless experience and to assist them
in gaining access to a greater range of payment capabilities,
services and products.
“Visa is entering a very exciting chapter in its history, in
which the company has a significant opportunity to harness new
payment innovations, offer differentiated payments services and
forge new partnerships. This will drive growth and deliver
increased value to Visa’s clients and their customers across the
region,” said Gary Hoffman, chairman of the board for Visa Europe
Limited. “Ms. Hogg’s long-standing relationships in European and
global markets will be a tremendous asset that will undoubtedly
accelerate our business and help us continue our strong track
record of success.”
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments.
Our mission is to connect the world through the most innovative,
reliable and secure payment network - enabling individuals,
businesses and economies to thrive. Our advanced global processing
network, VisaNet, provides secure and reliable payments around the
world, and is capable of handling more than 65,000 transaction
messages a second. The company’s relentless focus on innovation is
a catalyst for the rapid growth of connected commerce on any
device, and a driving force behind the dream of a cashless future
for everyone, everywhere. As the world moves from analog to
digital, Visa is applying our brand, products, people, network and
scale to reshape the future of commerce. For more information,
visit usa.visa.com/aboutvisa, visacorporate.tumblr.com and
@VisaNews.
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version on businesswire.com: http://www.businesswire.com/news/home/20170907005797/en/
Visa Inc.Media Relations:Elvira Swanson (Europe),
+44 20 7795 5336europeanmedia@visa.comAmanda Pires (Global),
+1-650-445-8169globalmedia@visa.comorInvestor
Relations:Victoria Hyde-Dunn, +1-650-432-7644ir@visa.com
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