Visa announced the appointment of Ryan McInerney as CEO, effective February 1, 2023. McInerney currently serves as President of Visa, a role he has held since 2013. He will take over as CEO from Alfred F. Kelly, Jr., who has served as the company’s CEO since 2016 and Chairman since 2019. Following McInerney’s appointment, Kelly…
Tag: Al Kelly
Visa appoints Teri List to its Board of Directors
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•Visa Inc. announced that Teri List has been appointed to its board of directors, effective April 11, 2022. List was executive vice president and chief financial officer of Gap Inc. from January 2017 until March 2020, and served as an advisor until June 2020. Prior to joining Gap Inc., she has served in various senior…
Frank Cooper III named Global Chief Marketing Officer at Visa
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•Visa announced that Frank Cooper III will join the company as Chief Marketing Officer (CMO) in May 2022. Cooper will also serve as a member of the company’s Executive Committee and report to Chairman and Chief Executive Officer (CEO), Al Kelly. “Frank is a rare mix of creative brand strategist with strong business acumen and…
Visa promotes Kelly Mahon Tullier to Vice Chair, Chief People and Administrative Officer and Julie Rottenberg to EVP, General Counsel
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•Visa announced the promotion of two senior company leaders: Kelly Mahon Tullier to Vice Chair, Chief People and Administrative Officer and Julie Rottenberg to Executive Vice President, General Counsel. Both appointments are effective as of October 1, 2021. In her newly created position, Tullier will assume leadership of Visa’s People organization in addition to her current responsibilities as Corporate Secretary and head of Global…
Visa announces inaugural $500 mn Green Bond issuance, appoints first Chief Sustainability Officer
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•Visa, a global payments technology company, announced that it has successfully priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August 15, 2027. The green bond, believed to be the first issued by a digital payments network, will be used to help advance the company’s commitment to…
Visa to digitally enable 50 million small businesses worldwide
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•Visa, the world’s leader in digital payments, announced a global commitment to elevate 50 million small and micro businesses (SMBs) worldwide in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa said that it is introducing a range of locally designed programs and solutions to enable SMBs…
Visa foundation commits $200 mn to support small and micro businesses amid coronavirus pandemic
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•It’s hard to predict how markets will react post the coronavirus crisis, so in order to absorb any unprecedented shock that could impact small businesses, major companies are holding the baton and announcing their support to small businesses thrive in such hard times. Visa Foundation has come up with a plan to support such organisations…
Visa to acquire Plaid
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•Visa Inc. has announced that the company has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion to acquire Plaid. Plaid’s products enable consumers…