filings.toolsItem 4. Mine Safety Disclosures
15K characters. Original on sec.gov · Markdown
Item 4. Mine Safety Disclosures
Not applicable.
MASTERCARD 2020 FORM 10-K 33
PART I
EXECUTIVE OFFICERS
Information about our executive officers
(as of February 12, 2021)
| Name Current Position | Age | Previous Mastercard Experience | Previous Business Experience | |||||||||||||||||
| Ajay Banga Executive Chairmansince January 2021 | 61 | Chief Executive Officer (2020) President and Chief Executive Officer (2010-2020) President and COO (2009-2010) | Several executive positions at Citigroup, including CEO, Asia Pacific region and Chairman and CEO, International Global Consumer Group Previous senior leadership experience at Nestlé India and PepsiCo in roles of increasing responsibility | |||||||||||||||||
| Ajay BhallaPresident, Cyber and**Intelligence Solutionssince November 2018 | 55 | President, Enterprise Security Solutions (2014-2018) President, Digital Gateway Services (2011-2013) President, South Asia and Southeast Asia (2008-2011) Various senior leadership positions, including President, Southeast Asia; Country Manager, Singapore and Head of Marketing, Southeast Asia; Vice President | Various leadership positions at HSBC and Xerox Corporation | |||||||||||||||||
| Ann CairnsVice Chairmansince June 2018 | 64 | President, International (2011-2018) | Managing director, Alvarez & Marsal CEO, ABN AMRO Senior corporate and investment banking roles at Citigroup | |||||||||||||||||
| Gilberto CaldartPresident, Internationalsince June 2018 | 61 | President, Latin America and Caribbean region (2013-2018) Division President, South Latin America/Brazil (2008-2013) | Various leadership positions at Citigroup, including Country Business Manager, Brazil | |||||||||||||||||
| Michael FraccaroChief People Officersince July 2016 | 55 | Executive Vice President, Human Resources, Global Products and Solutions (2014-2016) Senior Vice President, Human Resources, Global Products and Solutions (2012-2014) | Various executive-level human resources positions at HSBC Group, Hong Kong (2000-2012) Various senior human resources positions in banking and financial services in Australia and the Middle East | |||||||||||||||||
| Michael Froman Vice Chairman and President, Strategic Growth since April 2018 | 58 | Mr. Froman joined the Company in 2018 in his current role | U.S. Trade Representative in the Executive Office of President Obama (2013-2017) Assistant to the President and Deputy National Security Advisor for International Economic Policy (2009-2013) Various senior leadership positions at Citigroup, including CEO, CitiInsurance and COO of Citigroup’s alternative investments business |
34 MASTERCARD 2020 FORM 10-K
PART I
EXECUTIVE OFFICERS
| Name Current Position | Age | Previous Mastercard Experience | Previous Business Experience | |||||||||||||||||
| Linda Kirkpatrick President, North America since January 2021 | 44 | President, U.S. Issuers (2020) Executive Vice President, Merchants and Acceptance (2016-2020) Senior Vice President, Core Merchants (2013-2016) Senior Vice President, Franchise Development (2011-2013) Vice President, U.S. Region (2008-2011) Vice President, Investor Relations | ||||||||||||||||||
| Edward McLaughlinPresident, Operations and Technologysince May 2017 | 55 | Chief Information Officer (2016-2017) Chief Emerging Payments Officer (2010-2015) Various senior leadership roles, including Chief Franchise Development Officer and Senior Vice President, Bill Payment and Healthcare | Group Vice President, Product and Strategy, Metavante Corporation Co-Founder and CEO, Paytrust, Inc. | |||||||||||||||||
| Sachin MehraChief Financial Officersince April 2019 | 50 | Chief Financial Operations Officer (2018-2019) Executive Vice President, Commercial Products (2015-2018) Executive Vice President and Business Financial Officer, North America (2013-2015) Corporate Treasurer (2010-2013) | Various senior positions at Hess Corporation, including Vice President and Treasurer Various senior treasury and finance positions, General Motors Corporation and GMAC | |||||||||||||||||
| Michael Miebach President and Chief Executive Officer since January 2021 | 53 | President (2020) Chief Product Officer (2016-2020) President, Middle East and Africa (2010-2015) | Managing Director, Middle East and North Africa and Managing Director, Sub-Saharan Africa, Barclays Bank PLC Various executive positions at Citigroup in Germany, Austria, U.K. and Turkey | |||||||||||||||||
| Tim MurphyGeneral Counselsince April 2014 | 53 | Chief Product Officer (2009-2014) Various senior leadership roles, including President, U.S. Region; Executive Vice President, Customer Business Planning and Analysis; and Senior Vice President and Associate General Counsel | Associate, Cleary, Gottlieb, Steen and Hamilton, New York and London | |||||||||||||||||
| Raja RajamannarChief Marketing and Communications Officer and President, Healthcaresince January 2016 | 59 | Chief Marketing Officer (2013-2015) | Executive Vice President-Senior Business and Chief Transformation Officer, Anthem (formerly, WellPoint, Inc.) (2012- 2013) Senior Vice President and Chief Innovation and Marketing Officer, Humana Inc. (2009-2012) Various management positions at Citigroup, including Executive Vice President and Chief Marketing Officer-Citi Global Cards |
MASTERCARD 2020 FORM 10-K 35
PART I
EXECUTIVE OFFICERS
| Name Current Position | Age | Previous Mastercard Experience | Previous Business Experience | |||||||||||||||||
| Raj SeshadriPresident, Data and Servicessince January 2020 | 55 | President, U.S. Issuers (2016-2019) | Managing Director, Head of iShares U.S. Wealth Advisory business, BlackRock (2014-2016) Managing Director, Global Marketing Officer of iShares, BlackRock, Inc. (2012-2014) Various leadership positions at Citigroup, U.S. Trust Company and McKinsey & Company, Inc. | |||||||||||||||||
| Kevin StantonChief Transformation Officersince January 2020 | 59 | Chief Services Officer (2018-2019) President, Mastercard Advisors (2010-2017) Various senior leadership roles, including President, Canada; Senior Vice President, Strategy and Market Development; and Vice President, Senior Counsel and North America Region Counsel | Vice President, Counsel, Shawmut National Corporation | |||||||||||||||||
| Craig VosburgChief Product Officersince January 2021 | 53 | President, North America (2016-2020) Chief Product Officer (2014-2015) Executive Vice President, U.S. Market Development (2010-2014) Various senior leadership roles, including Head of Mastercard Advisors, U.S. and Canada and Head of Mastercard Advisors, Southeast Asia, Greater China and South Asia/Middle East/Africa | Senior member-financial services practice, Bain & Company and A.T. Kearney Vice president, CoreStates Financial Corporation |
36 MASTERCARD 2020 FORM 10-K
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUES PURCHASES OF
Item 5. Market for registrant’s common equity, related stockholder matters and issuer purchases of equity securities
Our Class A common stock trades on the New York Stock Exchange under the symbol “MA”. At February 9, 2021, we had 73 stockholders of record for our Class A common stock. We believe that the number of beneficial owners is substantially greater than the number of record holders because a large portion of our Class A common stock is held in “street name” by brokers.
There is currently no established public trading market for our Class B common stock. There were approximately 257 holders of record of our non-voting Class B common stock as of February 9, 2021, constituting approximately 0.8% of our total outstanding equity.
Stock Performance Graph
The graph and table below compare the cumulative total stockholder return of Mastercard’s Class A common stock, the S&P 500 and the S&P 500 Financials for the five-year period ended December 31, 2020. The graph assumes a $100 investment in our Class A common stock and both of the indices and the reinvestment of dividends. Mastercard’s Class B common stock is not publicly traded or listed on any exchange or dealer quotation system.
Comparison of cumulative five-year total return
Total returns to stockholders for each of the years presented were as follows:
| Base period | Indexed Returns | |||||||||||||||||||||||||||||||||||||
| For the Years Ended December 31, | ||||||||||||||||||||||||||||||||||||||
| Company/Index | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||||||||||||||||||||||||||||||||
| Mastercard | $ | 100.00 | $ | 106.91 | $ | 157.88 | $ | 197.86 | $ | 314.91 | $ | 378.44 | ||||||||||||||||||||||||||
| S&P 500 | 100.00 | 111.96 | 136.40 | 130.42 | 171.49 | 203.04 | ||||||||||||||||||||||||||||||||
| S&P 500 Financials | 100.00 | 122.80 | 150.04 | 130.49 | 172.41 | 169.49 |
38 MASTERCARD 2020 FORM 10-K
PART II
Previous: Item 3. Legal proceedings · Next: Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUES PURCHASES OF