TMCnet News
MasterCard Board of Directors Proposes 2 New Candidates for Election [Manufacturing Close - Up](Manufacturing Close - Up Via Acquire Media NewsEdge) MasterCard announced that its Board of Directors has nominated Julius Genachowski and Merit Janow for election as independent directors at the company's June 3, annual meeting of stockholders. According to a release, if elected along with each of the company's existing directors, the Board will increase its size to 13 members. "The world continues to get smaller and technology opens new doors every day," said Richard Haythornthwaite, Chairman of the Board, MasterCard. "MasterCard is advancing to meet consumer, business and societal needs in an increasingly digital world, while maintaining a focus on convenience and security. Merit and Julius' experience and insights will add to and complement our existing Board as we pursue this vision." Genachowski is managing director and partner at The Carlyle Group. From 2009 through 2013, he served as Chairman of the U.S. Federal Communications Commission, responsible for wired and wireless communications policy and regulation. Prior to joining the FCC, Genachowski worked in the private sector, serving as chief of business operations and, before that, general counsel of IAC/ InterActiveCorp, an internet and media company. Genachowski has also been a senior advisor to General Atlantic, a private equity firm. Janow is an internationally recognized expert in international trade and economic law. She serves as Dean of Columbia University's School of International and Public Affairs and has been a professor and served in various leadership positions at Columbia for the past 18 years. Janow served as a member of the Appellate Body of the World Trade Organization, following her tenure as Executive Director of the International Competition Policy Advisory Committee of the U.S. Department of Justice and Deputy Assistant U.S. Trade Representative for Japan and China. MasterCard is a technology company in the global payments industry. More Information: www.mastercard.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |