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Visa Announces CEO Succession Plan
October 17, 2016 4:05 PM EDTCharlie Scharf to Resign as CEO effective December 1; Alfred F. Kelly, Jr. Named CEO
SAN FRANCISCO--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced that Charlie Scharf is resigning as chief executive officer effective December 1, 2016, and the board of directors has unanimously voted to appoint Alfred F. Kelly, Jr. as CEO. Mr. Kelly, a current Visa board member, is the president and chief executive officer of Intersection Co. and the former president of American Express Co.
Mr. Scharf informed the board of directors that he decided to resign... More
