Ajay Banga is the former President and CEO of Mastercard, where he played a central role in its growth. Under his leadership, the company transformed into a leader in digital payments, processing over $9 trillion in volume in 2023 alone....

Current Market Cap

$461.44B

Number of Employees

33.4K

Total Compensation

2016 - 2020

Trending down by -7.96% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -0.88% last year

Salary

Up by 0.00% last year

Bonus

Down by -44.83% last year

Other

Down by -10.76% last year

Year

2020

Total Compensation

$32.50M

Salary

$1.25M

Board Justification

The compensation philosophy is designed to align executive compensation with performance, attract and retain top talent, and ensure that a significant portion of compensation is performance-based.

Bonus

$3.13M

Board Justification

The annual incentive bonus for 2020 was capped at 100% of target due to the impact of COVID-19 on financial performance, resulting in a payout of $3,125,000.

Other

$210.33K

Board Justification

Other compensation includes perquisites and company contributions to defined contribution plans.

Restricted Stock

$27.92M(99.61K RSU)

Board Justification

The value of stock awards that vested in 2020 includes 99,010 shares of RSUs and PSUs, which were settled based on the average of the high and low market price per share of Class A common stock on the NYSE on the respective vesting date.

Performance Metrics

The performance metrics for determining the CEO's compensation included adjusted net income and adjusted net revenue, with adjustments made for the impact of COVID-19.

SEC Filing

From April 29, 2021