May 4, 2020 / 7:20 AM / a month ago

Mastercard promotes Mark Barnett to European president role

FILE PHOTO: A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/File Photo

LONDON (Reuters) - Mastercard (MA.N) has promoted Mark Barnett to the role of president of its European business, responsible for the payment giant’s strategy and operations across 53 countries.

Barnett – who was previously head of Mastercard’s UK, Ireland, the Nordics and Baltics division – will succeed Javier Perez, who retires at the end of the year.

Barnett will join Mastercard’s management committee on June 1 and will report to Gilberto Caldart, President of Mastercard International.

Reporting By Sinead Cruise and Iain Withers; Editing by Maiya Keidan

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