Mastercard Incorporated (NYSE:MA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Mastercard Incorporated (NYSE:MA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On April 28, 2017, Mastercard Incorporated (the Company)
announced that Ed McLaughlin, currently the Companys Chief
Information Officer, will succeed Robert Reeg as President,
Operations and Technology, effective May 1, 2017. Mr. Reeg will
remain with the Company until October 1, 2017 to assist with the
transition of his duties. Mr. Reeg will receive the benefits
contemplated to his existing employment arrangement with the
Company, which has been previously disclosed.
A press release issued by the Company in connection with the
above is attached hereto as Exhibit 99.1 and incorporated herein
by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Exhibit Description
99.1
Press release of Mastercard Incorporated, dated April
28, 2017


About Mastercard Incorporated (NYSE:MA)

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world. The Company operates through payment solutions segment. The Company allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus. Its offerings include loyalty and reward programs, information services and consulting. It provides a range of products and solutions that support payment products that customers can offer to their cardholders. The Company’s services facilitate transactions on the MasterCard Network among cardholders, merchants, financial institutions and governments. The Company’s programs include consumer credit, commercial, and debit and prepaid. The Company’s offerings and platforms include premium, travel, purchasing and fleet cards and programs.

Mastercard Incorporated (NYSE:MA) Recent Trading Information

Mastercard Incorporated (NYSE:MA) closed its last trading session down -0.37 at 116.73 with 3,350,831 shares trading hands.