Short answer
Mastercard (MA) filed an 8-K current report with the SEC on June 2, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CFO Sachin Mehra becomes Chief Business Officer, consolidating global country operations under one go-to-market structure.
Mastercard 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO Sachin Mehra becomes Chief Business Officer, consolidating global country operations under one go-to-market structure
- President Ling Hai succeeds Mehra as CFO, effective August 3, 2026
- Ling receives $850,000 base salary, 150% incentive target, and $1,500,000 restricted-stock-unit award
- Craig Vosburg becomes Vice Chair; Linda Kirkpatrick succeeds him as Chief Services Officer
- Vice Chair Timothy Murphy retires in October 2026; Ling’s daughter earned $127,262 from Mastercard in 2025
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