October 26, 2020
Mastercard Headquarters

Mastercard Board of Directors Compensation and Executives Salary

Mastercard is a world famous financial services company, headquartered in Purchase, Harrison, New York, United States. The company is lead by the Chief Executive Officer Ajaypal Singh Banga since July 2010. It is a world famous brand for payments, credit card, debit card and other payment solutions. You can buy Mastercard through your bank or financial services provider. Mastercard CEO was paid US$20m as a total annual compensation (Dec. 2018), reports suggest.

In this article, we have provided information about board member salary, and executives total compensation. So, let’s see!

Mastercard Headquarters
Mastercard Headquarters

Mastercard Board of Directors Total Compensation Year Ended 2018

Richard Haythornthwaite, Chairman of the Board

This board member earned US$490,300 as total compensation including cash salary US$205,000, stock awards US$275,044, All other compensation US$10,256.

Silvio Barzi

This board member earned US$327,949 as total compensation including cash salary US$125,000, stock awards US$195,085, All other compensation US$7,864.

David R. Carlucci

This board member earned US$335,085 as total compensation including cash salary US$125,000, stock awards US$195,085, All other compensation US$15,000.

Richard K. Davis – Chief Executive Officer,

This board member earned US$259,251 as total compensation including cash salary US$64,166, and stock awards US$195,085.

Steven J. Freiberg – Former CEO, E*Trade Financial Corporation Independent Director

This board member earned US$347,585 as total compensation including cash salary US$137,500, stock awards US$195,085, All other compensation US$15,000.

Julius Genachowski – Managing Director and Partner, The Carlyle Group Independent Director

This board member earned US$314,785 as total compensation including cash salary US$110,000, stock awards US$195,085, All other compensation US$9,700.

Choon Phong Goh – Chief Executive Officer, Singapore Airlines Limited Independent Director

This board member earned US$323,886 as total compensation including cash salary US$82,500, and stock awards US$241,386.

Merit E. Janow – Dean, School of International and Public Affairs (SIPA)

This board member earned US$328,585 as total compensation including cash salary US$120,000, stock awards US$195,085, All other compensation US$13,500.

Nancy Karch

This board member earned US$327,576 as total compensation including cash salary US$120,000, stock awards US$195,084, All other compensation US$12,492.

Oki Matsumoto – Managing Director, Chairman and CEO

This board member earned US$305,085 as total compensation including cash salary US$110,000, and stock awards US$195,085.

Rima Qureshi – Executive Vice President and Chief Strategy Officer

This board member earned US$310,085 as total compensation including cash salary US$115,000, and stock awards US$195,085.

José Octavio Reyes Lagunes – Former Vice Chairman, The Coca-Cola Export Corporation

This board member earned US$317,585 as total compensation including cash salary US$122,500, and stock awards US$195,085.

Gabrielle Sulzberger – General Partner, Fontis Partners

This board member earned US$138,120 as total compensation including cash salary US$9,166, stock awards US$113,954, All other compensation US$15,000.

Jackson Tai – Former Vice Chairman and Chief Executive Officer

This board member earned US$335,085 as total compensation including cash salary US$125,000, stock awards US$195,085, All other compensation US$15,000.

Mastercard Corporation Executive Salaries 2019

Martina Hund-Mejean – Chief Financial Officer
This executive earned US$7,494,585 as total compensation including base salary (paid in cash) US$2,671,064, equity awards US$4,750,121, and all other compensation US$73,400.
Ajay Banga – Chief Executive Officer, Mastercard Incorporated
This executive earned US$20,379,353 as total compensation including base salary (paid in cash) US$6,538,090, equity awards US$13,499,976, and all other compensation US$341,287.
Ann Cairns- Former President, International
This executive earned US$4,502,727 as total compensation including base salary (paid in cash) US$951,141, equity awards US$3,550,079, and all other compensation US$1,507.
Craig Vosburg- President, North America
This executive earned US$4,719,165 as total compensation including base salary (paid in cash) US$1,961,536, equity awards US$2,700,073, and all other compensation US$57,556.
Gilberto Caldart – President, International
This executive earned US$3,852,273 as total compensation including base salary (paid in cash) US$1,505,067, equity awards US$1,000,063, and all other compensation US$1,347,143.
Tim Murphy – General Counsel
This executive earned US$4,471,481 as total compensation including base salary (paid in cash) US$2,013,903, equity awards US$2,400,022, and all other compensation US$57,556.

Article first published on June 23, 2020.