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MasterCard COO to retire

November
5

MasterCard Inc. of Purchase said this morning Alan J. Heuer, its chief operating officer, will retire at the end of next year.

Heuer has been appointed to the the newly created position of vice chairman, and will continue to report to MasterCard President and Chief Executive Officer Robert W. Selander, the company said.

The move was among a number of organizational changes the giant credit card company announced.

Chris A. McWilton, the chief financial officer, has been named president, Global Accounts, which includes MasterCard’s largest financial-institution customers around the world, the company said.

Martina Hund-Mejean will succeed McWilton as chief financial officer, starting on Nov. 15. She previously worked for Tyco International Ltd. as senior vice president and treasurer.

Gary J. Flood, formerly president, Global Account Management, will become the president, Products and Services, comprising MasterCard Advisors, Marketing and Product.

Walt M. Macnee, formerly the president, Americas, is the new president, Global Markets. Additionally, Timothy H. Murphy has been named President, U.S. region. He was previously Group Executive, Customer Business Planning and Analysis.

Timothy H. Murphy has been named president, U.S. region. He was previously the group executive, Customer Business Planning and Analysis.

This entry was posted on Monday, November 5th, 2007 at 10:59 am by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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