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...
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 the payments industry, having held significant positions at Mastercard, Barclays, and Citibank. He's deeply involved in the company's strategy and operations, ensuring Mastercard remains a global leader in payments. His compensation reflects this, with total pay around $25.7 million in 2023, driven by a mix of salary, a performance-based bonus of $4.06 million, and stock options. Miebach's ownership in Mastercard is significant too: he holds over 82,000 shares, valued at about $39.6 million. He actively manages these holdings, adapting his portfolio as necessary. An interesting fact is that while he is focused on Mastercard, he also is part of various boards, including Accion and Ronald McDonald House in NYC. With his business education from the University of Toronto, he's dedicated to steering Mastercard into the future with strong financial performance and a clear vision.