Mastercard Management

Management criteria checks 2/4

Mastercard's CEO is Michael Miebach, appointed in Mar 2020, has a tenure of 4.67 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 $15.44M. The average tenure of the management team and the board of directors is 4.1 years and 6.2 years respectively.

Key information

Michael Miebach

Chief executive officer

US$25.7m

Total compensation

CEO salary percentage	4.8%
CEO tenure	4.7yrs
CEO ownership	0.003%
Management average tenure	4.1yrs
Board average tenure	6.2yrs

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
Sep 30 2024	n/a	n/a	US$12b
Jun 30 2024	n/a	n/a	US$12b
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 ($USD25.75M) is above average for companies of similar size in the PE market ($USD5.72M).

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

CEO

Michael Miebach (56 yo)

4.7yrs

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	4.7yrs	US$25.75m	0.0032% $ 15.4m
Sachin Mehra	Chief Financial Officer	5.6yrs	US$10.90m	0.00056% $ 2.7m
Edward McLaughlin	President of Mastercard Technology & CTO	less than a year	US$6.38m	0.0021% $ 10.2m
Timothy Murphy	Chief Administrative Officer	3.6yrs	US$8.01m	0.0016% $ 7.8m
Craig Vosburg	Chief Services Officer	10.6yrs	US$8.46m	0.0043% $ 20.8m
Devin Corr	Executive Vice President of Investor Relations	1.5yrs	no data	no data
Tiffany Hall	General Counsel	less than a year	no data	no data
Raja Rajamannar	Chief Marketing & Communications Officer	11.8yrs	no data	no data
Ruosi Wan	Executive Vice President of Strategy	less than a year	no data	no data
Michael Fraccaro	Chief People Officer	8.3yrs	no data	no data
Safdar Khan	Division President for Southeast Asia	2.8yrs	no data	no data
Eva Chen	Country Head of Taiwan & GM of Taiwan	11yrs	no data	no data

4.1yrs

Average Tenure

56.5yo

Average Age

Experienced Management: MA's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Miebach	CEO, President & Director	3.8yrs	US$25.75m	0.0032% $ 15.4m
Gabrielle Greene-Sulzberger	Independent Director	5.9yrs	US$396.36k	0.00025% $ 1.2m
Richard Davis	Independent Director	6.4yrs	US$381.36k	0.00084% $ 4.1m
Julius Genachowski	Independent Director	10.4yrs	US$427.36k	0.0012% $ 5.7m
Lance Uggla	Independent Director	5.4yrs	US$393.86k	0.00060% $ 2.9m
Oki Matsumoto	Independent Director	8.4yrs	US$360.11k	0.00057% $ 2.8m
Choon Phong Goh	Independent Director	6.6yrs	US$376.36k	0.00021% $ 1.0m
Candido Bracher	Independent Director	3.2yrs	US$382.61k	0.00021% $ 1.0m
Merit Janow	Independent Non-Executive Chairman	10.4yrs	US$588.79k	0.0011% $ 5.4m
Youngme Moon	Independent Director	5.4yrs	US$407.61k	0.00017% $ 830.7k
Harit Talwar	Independent Director	2.6yrs	US$360.11k	0.00011% $ 537.5k
Rima Qureshi	Independent Director	13.6yrs	US$382.61k	0.0013% $ 6.5m

6.2yrs

Average Tenure

62yo

Average Age

Experienced Board: MA's board of directors are considered experienced (6.2 years average tenure).

Mastercard Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

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

Recent updates

Mastercard Announces Biz360

Mastercard Goes OTP-Free in APAC for Faster, Safer Online Transactions

Third quarter 2024 earnings released: EPS: US$3.54 (vs US$3.40 in 3Q 2023)

Mastercard Incorporated to Report Q3, 2024 Results on Oct 31, 2024

Mastercard Accelerates the Path Toward Real-Time Card Payments

Mastercard Incorporated (NYSE:MA) agreed to acquire Minna Technologies AB.

Insufficient new directors

Second quarter dividend of US$0.66 announced

Mastercard Incorporated Announces Quarterly Cash Dividend, Payable on November 8, 2024

Mastercard Incorporated (NYSE:MA) entered into an agreement to acquire Recorded Future, Inc. from Insight Venture Management, LLC for $2.7 billion.

Mastercard Incorporated (NYSE:MA) entered into an agreement to acquire Recorded Future, Inc. from Insight Venture Management, LLC for $2.7 billion.

Mastercard Announces the Worldwide Launch of Its New Payment Passkey Service

Visa Inc., Visa U.S.A. Inc., Visa International Service Association, Plus System, Inc. and Mastercard Incorporated and Mastercard International Incorporated Announce a $197.5 Million Settlement for Persons and Entities Who Withdrew Money from an ATM

Second quarter 2024 earnings released: EPS: US$3.51 (vs US$3.01 in 2Q 2023)

Mastercard Incorporated to Report Q2, 2024 Results on Jul 31, 2024

First quarter dividend of US$0.66 announced

Mastercard Incorporated Announces Quarterly Cash Dividend, Payable on August 9, 2024

Wells Fargo and Mastercard Announces the New Attune? World Elite Mastercard

Mastercard Launches Biometric Checkout Program in Uruguay

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

Upcoming dividend of US$0.66 per share

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

Fourth quarter dividend of US$0.66 announced

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

Full year 2023 earnings released: EPS: US$11.86 (vs US$10.26 in FY 2022)

Now 24% overvalued after recent price rise

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

Upcoming dividend of US$0.66 per share at 0.6% yield

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

Third quarter 2023 earnings released: EPS: US$3.40 (vs US$2.59 in 3Q 2022)

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

Upcoming dividend of US$0.57 per share at 0.6% yield

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).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age