Visa Names Ryan McInerney CEO to Succeed Al Kelly

  • Transition from Kelly should be smooth, KBW’s Sakhrani says
  • Next chief has looked to deepen foothold in new payment forms
Photographer: Lionel Ng/Bloomberg
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Visa Inc. said President Ryan McInerney will become chief executive officer next year, replacing Al Kelly.

McInerney has been behind the company’s push to deepen its foothold in new forms of payments, including the more than $120 trillion businesses send to one another each year. The 47-year-old will take over in February, when Kelly will assume the role of executive chairman.