Mastercard announces leadership appointments

February 21, 2023 | PURCHASE, N.Y.

Karen Griffin to become the company’s Chief Risk Officer, Jennifer Rademaker to lead the company’s future of work experience

Mastercard (NYSE: MA) today announced the creation of two new leadership positions to accelerate the company’s delivery against its strategic priorities.

Karen Griffin, currently the company’s Chief Compliance Officer, will take on a new role as Chief Risk Officer. The ability to manage an organization’s risk appetite in order to maximize growth opportunities has become increasingly important in recent years. In this new role, Griffin will strengthen the company's risk management strategy and activities, building on the robust processes and procedures currently in place.

Jennifer Rademaker has been named Chief Future of Work Officer, underscoring the company’s unyielding focus on people and culture. She will lead all aspects of future of work for Mastercard – from programs that support flexibility, to office spaces, to tools and resources that enable employees to deliver their best work.

“These new positions strengthen our company and reinforce our deep leadership bench around the world,” said Michael Miebach, president and CEO of Mastercard. “I look forward to what Karen and Jennifer will bring to these incredibly important positions. Their unique skills and experiences will help the company navigate an ever-evolving industry and world.”

Both appointments are effective immediately.

Media Contacts

Warren Kneeshaw or Jud Staniar

914-249-4565 | investor.relations@mastercard.com

Media Contacts

Seth Eisen

914-249-3153 | seth.eisen@mastercard.com

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

www.mastercard.com