Mastercard appoints Craig Vosburg as Chief Product Officer & promotes Linda Kirkpatrick to President, North America

By Pavithra R

Mastercard has announced the appointment of Craig Vosburg as chief product officer and Linda Kirkpatrick to succeed him as president, North America, effective from January 1, 2021.

Mr Vosburg, as CPO will lead newly integrated products and engineering organization for the company. This will include all areas that are integral to growing Mastercard’s business and executing on opportunities in multi-rail, digital and B2B payments – commercial products, consumer products, acceptance solutions, real-time, account-to-account and push payments, open banking, processing, and Mastercard Labs. These teams, including those added through the acquisitions of Transfast, Transactis, Vocalink, and Finicity and the anticipated close of the Nets Corporate Services transaction in early 2021 and will focus on serving Mastercard customers with end to end accountability for developing and delivering the products they need.

“Craig has been an integral part of our leadership team over the past decade. He’s brought a thoughtful and analytical approach to resetting our course in North America, and the results speak for themselves. As we prepare for the next decade, we believe this same approach will deliver dividends in an integrated product management and engineering organization. The teams will have a greater ability to collaborate and innovate to take advantage of the opportunities of the post-Covid world,” said Michael Miebach, president and CEO-elect.

Ms Kirkpatrick, as president, will oversee Mastercard’s customer facing activities in the United States and Canada, including business development, strategy, sales, and relationship management with merchants, digital partners, governments, issuers, acquirers and processors.

Earlier this year, she was named president, U.S. issuers, managing the Mastercard’s regional debit, credit, commercial and prepaid card programs and service offerings with banks, credit unions (CUs) and processors across the U.S. market. Kirkpatrick, prior to this role, was responsible for key merchant and acquirer relationships and business development across various sectors.

“Linda has deep experience across so many areas of our business. In each role, she’s established herself as a trusted partner and a relentless force to deliver a positive impact for our customers, our partners and the markets where we operate. This foundation – and the relationships she has established along the way – will only strengthen our ability to deliver on tomorrow’s opportunities,” said Ajay Banga, chief executive officer.