Mastercard announced a series of significant executive leadership changes, including the appointment of a new Chief Financial Officer and the creation of a Chief Business Officer role, effective August 3, 2026. The restructuring is intended to align leadership with customer needs and support continued growth.
Key Details
- New CFO: Ling Hai, currently President of Asia Pacific, Europe, Middle East and Africa, will become the new Chief Financial Officer.
- New CBO: Sachin Mehra, the current CFO, will transition to the newly created role of Chief Business Officer, overseeing global country operations.
- New CFO Compensation: Ling Hai's new compensation package includes a base salary of $850,000, a cash incentive target of 150% of base salary, and a $1.5 million long-term incentive award in restricted stock units.
- Other Changes: Linda Kirkpatrick will become Chief Services Officer, and Vice Chair Timothy Murphy will retire in October 2026.