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MasterCard Announces Annual Meeting Results

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

At the meeting:

  • The full slate of 13 directors was elected for a one-year term, to expire at the next annual meeting of stockholders
  • The compensation for MasterCard’s executive officers was approved on an advisory basis
  • MasterCard’s Amended and Restated Senior Executive Annual Incentive Plan was approved
  • The appointment of PricewaterhouseCoopers, LLP as the company’s independent registered public accounting firm for 2015 was ratified

MasterCard’s Board of Directors also declared a cash dividend of $0.16 per share, payable on August 10, 2015, to holders of record of its Class A common stock and Class B common stock as of July 9, 2015.

During the meeting, Ajay Banga, president and CEO of MasterCard, addressed stockholders, noting, “In this continually competitive environment, we are well positioned to maximize the growth opportunities and expand our reach to new segments and new audiences.”

About MasterCard Incorporated

MasterCard (NYSE:MA) ,, 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’s 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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