Mastercard Incorporated appointed Devin Corr as executive vice president of investor relations, effective May 1, 2023. This appointment comes as Warren Kneeshaw announced he will retire from Mastercard. Kneeshaw joined Mastercard in 2016. Under his leadership, Mastercard's investor relations program has been highly recognized, as he effectively managed investor interactions, including during both a CEO and CFO transition. Kneeshaw will continue to serve in an advisory capacity and work on special projects through the end of the year. Prior to joining Mastercard, Kneeshaw held various finance and investor relations roles at Qualcomm, Textron, Nortel Networks and Procter & Gamble. As executive vice president of investor relations, Corr will oversee the team responsible for cultivating relationships with the investment community. His team will continue to focus on educating and updating investors and
providing management and the board with feedback on how the market views the company. Corr will work closely with several groups, including with the management committee, the corporate controller and corporate secretary, to deliver key information to a range of stakeholders. Corr currently serves as the chief financial officer for Mastercard's Data and Services activities. Before moving into this role, he served in a number of finance leadership positions, including support of Consumer Products and the company's UK, Ireland, Nordic and Baltics division. Corr originally joined Mastercard in 2013 to manage customer risk management activities across the Americas. Earlier in his career, Corr worked in equity trading at UBS and equity research at Bank of America/Merrill Lynch. He also spent time at General Motors treasurer's office. Corr earned his Master of Business Administration at Harvard Business School and a bachelor's degree in Mathematics and Economics from Cornell University.
Mastercard, Inc. specializes in issuing and selling payment cards. Net sales break down by activity as follows:
- sale of payment solutions (61.5%): credit cards, traveler's checks, on-line payment cards, etc. (Mastercard®, Maestro® and Cirrus® brand names);
- value-added services (38.5%): consulting, assistance, information services, partner network management services, etc.
56.1% of net sales are earned abroad.
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Investor
Investor
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Global
Global
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