MasterCard Announces Executive Appointments
November 11 2015 - 04:05PM
Business Wire
MasterCard today announced a series of executive appointments
that will drive greater alignment and continue to evolve the
company’s “Global Products and Solutions” and “Operations and
Technology” business units. The appointments will become effective
January 1, 2016.
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Ed McLaughlin (Photo: Business Wire)
Ed McLaughlin has been named chief information officer. In this
new role, McLaughlin will be responsible for ensuring the company
efficiently delivers software development and integration efforts
at the highest standards. For the past five years, he served as
chief emerging payments officer, leading the development and launch
of the company’s digital platforms, including MasterPass, the MDES
digital token program and P2P payments.
McLaughlin originally joined MasterCard in 2005 as head of Bill
Payment and Healthcare. He later served as chief franchise
development officer before assuming his current role. Earlier in
his career, McLaughlin led product and strategy at Metavante and
was a co-founder and CEO of Paytrust, an online payments
company.
“We’ve been able to leverage our technology and know-how across
the globe, putting meaningful products in the hands of our
customers and cardholders,” said Rob Reeg, president of MasterCard
Operations and Technology. “Ed’s appointment to this critical role
allows us to build on a strong foundation, while maximizing the
valuable talent we already have in the company.”
Garry Lyons, chief innovation officer, will now lead the Digital
Payments and MasterCard Labs organizations. He will be responsible
for consolidating the development and delivery of emerging digital
payments solutions to ensure a high quality consumer and merchant
experience. In 2010, Lyons led the launch of MasterCard Labs, the
company’s global research and development arm focused on payments
innovation, delivering additional consumer shopping
convenience.
Lyons served as chief executive officer for Orbiscom prior to
its acquisition by MasterCard. He has also held senior technology
and management positions with Cognotec, Credo and ICL.
Raja Rajamannar, chief marketing officer, will add
communications to his responsibilities. He will also help the
company explore new business opportunities in various sectors,
drawing on his global experience in different industries, from Citi
to Unilever to Humana.
Chris Monteiro will become chief communications and digital
marketing officer, reporting to Rajamannar. Together, Rajamannar
and Monteiro will work closely to drive alignment across the
company’s marketing, internal and external communications
activities.
“These moves will drive tighter integration across the
organization allowing us to enhance our product offering and brand
experiences in an increasingly digital world,” said Gary Flood,
president, Global Products and Solutions, MasterCard.
About MasterCard
MasterCard (NYSE: MA), www.mastercard.com, is a technology
company in the global payments industry. We operate the world’s
fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in
more than 210 countries and territories. MasterCard’s products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on Twitter
@MasterCardNews, join the discussion on the Beyond the Transaction
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Bureau.
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Media:MasterCardSeth Eisen,
914-249-3153seth_eisen@mastercard.com
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