Mastercard Management

Management criteria checks 2/4

Mastercard's CEO is Michael Miebach, appointed in Mar 2020, has a tenure of 4.25 years. total yearly compensation is $25.75M, comprised of 4.8% salary and 95.2% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €12.05M. The average tenure of the management team and the board of directors is 4.3 years and 5.8 years respectively.

Key information

Michael Miebach

Chief executive officer

US$25.7m

Total compensation

CEO salary percentage	4.8%
CEO tenure	4.3yrs
CEO ownership	0.003%
Management average tenure	4.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Miebach's remuneration changed compared to Mastercard's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$12b
Dec 31 2023	US$26m	US$1m	US$11b
Sep 30 2023	n/a	n/a	US$11b
Jun 30 2023	n/a	n/a	US$10b
Mar 31 2023	n/a	n/a	US$10b
Dec 31 2022	US$21m	US$1m	US$10b
Sep 30 2022	n/a	n/a	US$10b
Jun 30 2022	n/a	n/a	US$10b
Mar 31 2022	n/a	n/a	US$9b
Dec 31 2021	US$16m	US$1m	US$9b
Sep 30 2021	n/a	n/a	US$8b
Jun 30 2021	n/a	n/a	US$7b
Mar 31 2021	n/a	n/a	US$7b
Dec 31 2020	US$9m	US$729k	US$6b
Sep 30 2020	n/a	n/a	US$7b
Jun 30 2020	n/a	n/a	US$7b
Mar 31 2020	n/a	n/a	US$8b
Dec 31 2019	US$6m	US$584k	US$8b

Compensation vs Market: Michael's total compensation ($USD25.75M) is above average for companies of similar size in the BG market ($USD4.42M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.

CEO

Michael Miebach (56 yo)

4.3yrs

Tenure

US$25,746,498

Compensation

Mr. Michael Miebach serves as President of Mastercard Incorporated from March 01, 2020. He is Director of International Business Machines Corporation since October 30, 2023. He has been Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Miebach	CEO, President & Director	4.3yrs	US$25.75m	0.0032% $ 12.0m
Sachin Mehra	Chief Financial Officer	5.2yrs	US$10.90m	0.0014% $ 5.1m
Edward McLaughlin	President of Mastercard Technology & CTO	less than a year	US$6.38m	0.0021% $ 7.8m
Timothy Murphy	Chief Administrative Officer	3.2yrs	US$8.01m	0.0027% $ 10.3m
Craig Vosburg	Chief Services Officer	10.2yrs	US$8.46m	0.0042% $ 15.9m
Devin Corr	Executive Vice President of Investor Relations	1.1yrs	no data	no data
Rob Beard	Chief Legal & Global Affairs Officer	less than a year	no data	no data
Raja Rajamannar	Chief Marketing & Communications Officer	11.4yrs	no data	no data
Michael Fraccaro	Chief People Officer	7.9yrs	no data	no data
Carlo Enrico	President of Global Partnerships & Segments	no data	no data	no data
Safdar Khan	Division President for Southeast Asia	2.4yrs	no data	no data
Eva Chen	Country Head of Taiwan & GM of Taiwan	10.6yrs	no data	no data

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: M4I's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Miebach	CEO, President & Director	3.4yrs	US$25.75m	0.0032% $ 12.0m
Gabrielle Greene-Sulzberger	Independent Director	5.5yrs	US$396.36k	0.00017% $ 642.0k
Richard Davis	Independent Director	6yrs	US$381.36k	0.00076% $ 2.9m
Julius Genachowski	Independent Director	10yrs	US$427.36k	0.00035% $ 1.3m
Lance Uggla	Independent Director	5yrs	US$393.86k	0.00059% $ 2.2m
Oki Matsumoto	Independent Director	8yrs	US$360.11k	0.00050% $ 1.9m
Choon Phong Goh	Independent Director	6.2yrs	US$376.36k	0.00031% $ 1.2m
Candido Bracher	Independent Director	2.8yrs	US$382.61k	0.00015% $ 566.5k
Merit Janow	Independent Non-Executive Chairman	10yrs	US$588.79k	0.00092% $ 3.5m
Youngme Moon	Independent Director	5yrs	US$407.61k	0.00031% $ 1.2m
Harit Talwar	Independent Director	2.2yrs	US$360.11k	0.00011% $ 415.4k
Rima Qureshi	Independent Director	13.2yrs	US$382.61k	0.0014% $ 5.2m

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: M4I's board of directors are considered experienced (5.8 years average tenure).

Mastercard Management

Management criteria checks 2/4

Key information

Recent management updates

Mastercard Appoints Jon Huntsman, Jr. as Vice Chairman and President, Strategic Growth, Effective April 15, 2024

Mastercard Incorporated, Annual General Meeting, Jun 18, 2024

Mastercard Appoints Sir Jeromy Fleming as Senior Advisor

Mastercard Announces Appointment of Rob Beard as Chief Legal Officer, General Counsel and Head of Global Policy

Michael Froman to Depart from Mastercard as Executive Officer and Vice Chairman and President, Strategic Growth At End of May 2023

Mastercard Incorporated, Annual General Meeting, Jun 27, 2023

Recent updates

First quarter 2024 earnings released: EPS: US$3.23 (vs US$2.48 in 1Q 2023)

Mastercard Incorporated to Report Q1, 2024 Results on May 01, 2024

U.S. Merchants Enter into Landmark Class Action Settlement with Visa and Mastercard to Eliminate Anti-Competitive Restraints and Reduce Swipe Fees

Mastercard Unveils Smart Subscriptions

Mastercard Appoints Jon Huntsman, Jr. as Vice Chairman and President, Strategic Growth, Effective April 15, 2024

Mastercard Incorporated, Annual General Meeting, Jun 18, 2024

Mastercard Incorporated Announces Quarterly Dividend, Payable on May 9, 2024

Mastercard Incorporated Provides Revenue Guidance for the First Quarter and Full Year 2024

TreviPay and Mastercard Partner to Launch B2B Net Terms Financing Capabilities for Any Supplier Accepting Credit Cards

Mastercard Incorporated to Report Q4, 2023 Results on Jan 31, 2024

Citizens Bank, N.A. Announces Full Rollout of New Sustainably Manufactured Mastercard Debit and ATM Card, the Latest Product in A Collaborative Partnership with Its Exclusive Partner, Mastercard

Neo Financial, Cathay, and Mastercard Launch the New Cathay World Elite Mastercard

Mastercard Incorporated Provides Earnings Guidance for the Fourth Quarter of 2023

Mastercard Further Expands Consulting Services with AI and Economics Practices and Digital Labs for Fast-Tracked Solutions

Mastercard Incorporated to Report Q3, 2023 Results on Oct 26, 2023

Mastercard Appoints Sir Jeromy Fleming as Senior Advisor

Mastercard Incorporated Declares Quarterly Cash Dividend, Payable on November 9, 2023

Mastercard Incorporated (NYSE:MA) signed a memorandum of understanding to acquire an unknown minority stake in Fintech Division of MTN Group Limited (JSE:MTN).

Mastercard Incorporated (NYSE:MA) signed a memorandum of understanding to acquire an unknown minority stake in Fintech Division of MTN Group Limited (JSE:MTN).

Mastercard Announces Appointment of Rob Beard as Chief Legal Officer, General Counsel and Head of Global Policy

Mastercard Incorporated to Report Q2, 2023 Results on Jul 27, 2023

Mastercard Incorporated to Report Q2, 2023 Results on Jul 27, 2023

Mastercard Incorporated Announces Quarterly Dividend, Payable on August 9, 2023

Citizens Financial Group, Inc. Introduces the Citizens Private Client World Elite Mastercard, the First Launch with Its Exclusive Payments Partner, Mastercard

Michael Froman to Depart from Mastercard as Executive Officer and Vice Chairman and President, Strategic Growth At End of May 2023

U.S. Bank Launches Business Altitude Connect World Elite Mastercard

Mastercard Incorporated, Annual General Meeting, Jun 27, 2023

BMO Rolls Out Its Enhanced BMO Harris Business Platinum Rewards Mastercard

Mastercard Names Devin Corr as Head of Investor Relations

Mastercard Incorporated to Report Q4, 2022 Results on Jan 26, 2023

Mastercard Incorporated Appoints Gautam Aggarwal as Division President for South Asia

Mastercard Incorporated (NYSE:MA) announces an Equity Buyback for $9,000 million worth of its shares.

Mastercard Incorporated (NYSE:MA) agreed to acquire an unknown minority stake in Conferma Limited from Sabre GLBL Inc.

Mastercard Incorporated (NYSE:MA) agreed to acquire an unknown minority stake in Conferma Limited from Sabre GLBL Inc.

Mastercard to Bring Crypto Trading Capabilities to Banks

Mastercard Incorporated to Report Q3, 2022 Results on Oct 27, 2022

Mastercard Announces Launch of Global Treasury Intelligence

Mastercard Incorporated Brings New Value to Small Business Owners with New and Expanded Cardholder Benefits

Upcoming dividend of US$0.49 per share

Mastercard Incorporated Announces Quarterly Dividend, Payable on November 9, 2022

CEO Compensation Analysis

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Leadership Team

Average Tenure

Average Age

Board Members

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