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MasterCard Announces Annual Meeting Results

Posted: June 28, 2016 6:57 pm (UTC)

MasterCard Incorporated announced the results of its annual meeting of stockholders. The Board of Directors also declared a cash dividend of $0.19 per share, payable on August 9, 2016.

Stockholders Elect 12 Directors

MasterCard Announces Annual Meeting Results

PURCHASE, N.Y. — (BUSINESS WIRE) —

MasterCard Incorporated (NYSE:MA) announced the results of its annual meeting of stockholders, held today at the company’s global headquarters.

At the meeting:

  • The full slate of 12 directors was elected for a one-year term, to expire at the next annual meeting of stockholders. Included in this slate is Oki Matsumoto, who was nominated for the first time earlier this year
  • The compensation for the company’s executive officers was approved on an advisory basis
  • The appointment of PricewaterhouseCoopers, LLP as the company’s independent registered public accounting firm for 2016 was ratified

During the meeting, Ajay Banga, president and CEO of MasterCard, addressed stockholders, noting, “The world of payments is changing. We’re building a competitive advantage through innovation and packaged solutions as we touch more transactions and expand our processing and other value-added capabilities.”

The Board of Directors also declared a cash dividend of $0.19 per share, payable on August 9, 2016, to holders of record of its Class A common stock and Class B common stock as of July 8, 2016.

About MasterCard Incorporated

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

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