Mastercard ( (MA) ) has issued an update.
On February 26, 2025, Mastercard announced that Timothy Murphy will transition from Chief Administrative Officer to Vice Chair, effective May 1, 2025. Richard Verma will rejoin Mastercard as Chief Administrative Officer, succeeding Murphy. This leadership change aims to strengthen Mastercard’s strategic initiatives and regulatory relationships, with both Murphy and Verma reporting to CEO Michael Miebach. Verma, who has extensive experience in government and previously served at Mastercard, will oversee several key functions, enhancing the company’s operations and industry positioning.
More about Mastercard
Mastercard powers economies and empowers people in over 200 countries and territories worldwide. The company supports a wide range of digital payment choices, making transactions secure, simple, smart, and accessible. Its technology, innovation, partnerships, and networks deliver unique products and services to help people, businesses, and governments realize their greatest potential.
YTD Price Performance: 7.27%
Average Trading Volume: 2,544,703
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $514.2B
See more data about MA stock on TipRanks’ Stock Analysis page.