8-KLeadership Changes

Mastercard Inc 8-K Report, Executive Changes (Oct 17, 2005)

Filed October 17, 2005For Securities:MA

Summary

This 8-K filing from Mastercard Inc. on October 17, 2005, announces a change in its principal accounting officer. Lisa Wagner resigned from her role as Corporate Controller and principal accounting officer to focus on her family, concluding her maternity leave. This change is effective immediately as of October 17, 2005. The company has appointed Tara Maguire as the new Corporate Controller and principal accounting officer. Ms. Maguire has been serving as the acting principal accounting officer since June 2005 and has been with the company as assistant controller since 1999, bringing extensive experience to the role. Investors should note this internal transition in a key financial role.

Key Highlights

  • 1Lisa Wagner resigns as Corporate Controller and Principal Accounting Officer of Mastercard.
  • 2The resignation is effective October 17, 2005, following the conclusion of maternity leave.
  • 3Tara Maguire is appointed as the new Corporate Controller and Principal Accounting Officer.
  • 4Ms. Maguire has been serving as the acting Principal Accounting Officer since June 2005.
  • 5Ms. Maguire has been with Mastercard as Assistant Controller since 1999.
  • 6The change is described as a personal decision for Ms. Wagner to spend more time with her family.

Frequently Asked Questions

Lisa Wagner resigned from her role as Corporate Controller and principal accounting officer to spend more time with her family, following the conclusion of her maternity leave.

Tara Maguire has been appointed as the new Corporate Controller and Principal Accounting Officer. She has been serving as the acting principal accounting officer since June 2005.

Ms. Maguire has been with Mastercard since 1999, serving as the assistant controller of the Company and its principal operating subsidiary, MasterCard International Incorporated.

The filing states that Ms. Wagner's resignation is a personal decision related to her desire to spend more time with her family. There is no indication of performance issues or financial irregularities mentioned in the report.