Mastercard Incorporated has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) on February 26, 2025. The key points from this filing are:

Timothy Murphy, currently Mastercard’s Chief Administrative Officer, will transition to the role of Vice Chair, effective May 1, 2025.

Richard Verma will re-join Mastercard and succeed Murphy as Chief Administrative Officer, also effective May 1, 2025.