MasterCard Announces the Retirement of Chief Marketing Officer Alfredo Gangotena

  MasterCard Announces the Retirement of Chief Marketing Officer Alfredo

Business Wire

PURCHASE, N.Y. -- July 25, 2013

MasterCard today announced that Alfredo Gangotena will retire as the company’s
chief marketing officer, effective September 1. Gangotena, 60, has been with
MasterCard for nine years and has held the top marketing role since April

Tim Murphy, MasterCard’s chief product officer, will add oversight of
marketing to his current responsibilities on an interim basis as the search
for a chief marketing officer is conducted.

As chief marketing officer, Gangotena led the company's advertising,
sponsorships, promotions, research and digital marketing initiatives. He also
was a member of the company’s Operating Committee.

“I have had the pleasure of knowing and working with Alfredo for nearly a
decade, and I want to thank him for all he has achieved and accomplished at
MasterCard,” said Gary Flood, president, Global Products & Solutions. “As a
result of excellent work led by Alfredo and the entire global marketing team,
our brand has never been stronger.”

Prior to his role as chief marketing officer, Gangotena was the Global
Products & Solutions lead and general manager for MasterCard Europe. He also
held the role of general manager for Continental Europe and the SEPA Region.
Previously, Gangotena was the senior vice president and general manager of the
MasterCard Asia/Pacific Region.

About MasterCard

MasterCard (NYSE: MA),, 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
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Chris Monteiro, 914-249-5826
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