MA 8-K: Smart Summary

Mastercard Incorporated announced a series of leadership changes on June 2, 2026, all effective August 3, 2026, including a new Chief Financial Officer, a newly created Chief Business Officer role, transitions to Vice Chair, a new Chief Services Officer, a new Chief Commercial Payments Officer, and a planned retirement.

• Chief Business Officer Sachin Mehra, age 55 — newly created role; responsible for country operations across the globe, Sales Enablement, Global Partnerships, and Digital Commercialization under a single global go-to-market leadership structure; effective August 3, 2026
• Chief Financial Officer Ling Hai, age 56 — succeeding Sachin Mehra; previously President, Asia Pacific, Europe, Middle East and Africa; joined Mastercard in 2010; served in current role since January 2024; previously served as Co-President of International Markets, Co-President of Asia Pacific, President of Enterprise Development, and President, Greater China; prior to Mastercard held roles at Bank of America and Booz Allen Hamilton; effective August 3, 2026
• Chief Services Officer Linda Kirkpatrick, age 49 — succeeding Craig Vosburg; previously President, Americas; effective August 3, 2026
• Vice Chair Craig Vosburg, age 59 — transitioning from Chief Services Officer; will serve as global ambassador and partner with regional leadership teams to build critical senior stakeholder relationships; effective August 3, 2026
• Chief Commercial Payments Officer Dimi Dosis — previously President of Eastern Europe, Middle East and Africa; will lead Commercial & New Payment Flows, succeeding Raj Seshadri; effective August 3, 2026
• Senior Strategic Advisor to the CEO Raj Seshadri — previously President, Commercial & New Payment Flows; will provide support for senior client engagement, key partnerships, and emerging strategic areas; effective August 3, 2026

• Ling Hai — base salary of $850,000 effective August 3, 2026; eligible to earn a cash incentive award under the SEAICP with a performance target of 150% of base salary; Long-Term Incentive Award of $1,500,000 awarded as restricted stock units under the Company's 2006 Long Term Incentive Plan, as amended and restated; eligible to participate in Company employee compensation and benefit plans including the Amended and Restated Mastercard International Incorporated Executive Severance Plan and the Amended and Restated Mastercard International Incorporated Change-in-Control Severance Plan
• Anna Ling (related party disclosure) — daughter of Ling Hai; employed as Specialist, Product Management at Mastercard; earned $127,262 in base salary and cash bonus in 2025

• Chief Financial Officer Sachin Mehra — transitioning out of CFO role to newly created Chief Business Officer role; effective August 3, 2026
• Chief Services Officer Craig Vosburg, age 59 — transitioning from Chief Services Officer to Vice Chair; effective August 3, 2026
• President, Americas Linda Kirkpatrick, age 49 — transitioning from President, Americas to Chief Services Officer; effective August 3, 2026
• President, Commercial & New Payment Flows Raj Seshadri — transitioning to Senior Strategic Advisor to the CEO; effective August 3, 2026
• Vice Chair Timothy Murphy, age 59 — retiring from Mastercard in October 2026, as planned