Michael Miebach is the CEO of Mastercard since January 2021, following a seamless leadership transition from Ajay Banga. Before this role, he was the President of Mastercard and served as Chief Product Officer. Miebach has a solid track record in...

Number of Employees

33.4K

Year

2023

Total Compensation

$5.62M

Salary

$1.25M

Board Justification

Mastercard's compensation philosophy emphasizes aligning executive compensation with performance metrics, including financial, ESG, and strategic objectives, to attract and retain top talent.

Bonus

$4.06M

Board Justification

Annual incentive compensation based on performance metrics including adjusted net income and adjusted net revenue, with a corporate score of 116% of target for 2023.

Other

$314.09K

Board Justification

Includes perquisites and other personal benefits, company contributions to defined contribution plans, and insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock reported for 2023, only stock grants that are yet to vest.

Performance Metrics

Adjusted net income and adjusted net revenue, with a corporate score of 116% of target for 2023.

SEC Filing

From April 26, 2024

Michael Miebach

CEO of Mastercard

M

Education

Bachelor's degree in International Business from the University of Toronto

Field of Expertise

Business & Management

Born

January 1, 1967 - 58 years ago

Is Founder?

No

Current Tenure

4 years 0 months (Jan 2021 - Present)

Previous Experience

Chief Product Officer at Mastercard, President of Middle East and Africa at Mastercard