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Mastercard Incorporated (MA)

NYSE - NYSE Delayed Price. Currency in USD
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474.75+0.24 (+0.05%)
At close: 04:00PM EST
473.50 -1.25 (-0.26%)
Pre-market: 05:42AM EST

Mastercard Incorporated

2000 Purchase Street
Purchase, NY 10577
United States
914 249 2000
https://www.mastercard.com

Sector(s)Financial Services
IndustryCredit Services
Full-time employees33,400

Key executives

NameTitlePayExercisedYear born
Mr. Michael MiebachCEO & Director6.32MN/A1968
Mr. Sachin MehraChief Financial Officer2.99M1.35M1971
Mr. Timothy Henry MurphyChief Administrative Officer2.25M2.85M1968
Mr. Craig E. VosburgChief Product Officer2.27M3.27M1967
Mr. Edward Grunde McLaughlinPresident & Chief Technology OfficerN/AN/A1966
Mr. Devin CorrExecutive Vice President of Investor RelationsN/AN/AN/A
Mr. Rob BeardChief Legal Officer, General Counsel & Head of Global PolicyN/AN/AN/A
Mr. Raja RajamannarChief Marketing & Communications OfficerN/AN/A1962
Mr. Greg UlrichExecutive Vice President of Strategy, Corporate Development and M&AN/AN/AN/A
Mr. Michael FraccaroChief People OfficerN/AN/A1966
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from a physical card and leverages the credit limit of the funding account; a platform to optimize supplier payment enablement campaigns for financial institutions; and treasury intelligence platform that offers corporations with recommendations to enhance working capital performance and accelerate spend on cards. In addition, the company offers Mastercard Send, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and Mastercard Cross-Border Services enables a range of payment flows through a distribution network with a single point of access to send and receive money globally through various channels, including bank accounts, mobile wallets, cards, and cash payouts. Further, it provides cyber and intelligence solutions; insights and analytics, consulting, marketing, loyalty, processing, and payment gateway solutions for e-commerce merchants; and open banking and digital identity services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus name. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Corporate governance

Mastercard Incorporated’s ISS governance QualityScore as of 1 February 2024 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.