Mastercard announced on Tuesday that CEO Ajay Banga will leave his current position and take over as the company's executive chairman.
Mastercard
announced on Tuesday that CEO Ajay Banga will leave his current position and take over as the company's executive chairman. The move will be effective Jan. 1, 2021. Banga will be taking over as chairman for Richard Haythornthwaite, who has served in that role since May 2006.Miebach has "as a proven track record of building products and running businesses globally," Banga said in a statement.
Mastercard's announcement came a day after the credit card company warned the coronavirus outbreak could hit its 2020 revenue.for exclusive insights and analysis, and live business day programming from around the world.
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