Visa USA Hires Search Firm to Assist With CEO Transition

Thursday 28 October 2004 18:35 CET | News

Visa USAs Board of Directors has retained Russell Reynolds Associates to assist in the search for candidates to serve as Visas next president and chief executive officer.

In July, Carl F. Pascarella, who has served as President and CEO of Visa USA since August 1993, announced his decision not seek another term when his contract expires in September 2005. The Visa USA Board, which ultimately selects the new CEO, approved Pascarellas transition plan and formed a search committee to identify his replacement. G. Patrick Phillips, president of Card Services for Bank of America and Chairman of the Visa USA Board of Directors, leads the search committee.

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Categories: Payments & Commerce | Payments General
Countries: World
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