Mastercard Inc. (MA) Wednesday announced the appointment of Tim Murphy as vice chair and Richard Verma as chief administrative officer. Both positions are effective May 1.
Murphy has been serving as chief administrative officer since 2021. Verma most recently served as the U.S. Deputy Secretary of State for Management and Resources. Earlier, during 2020-2023, Verma had served at Mastercard as the Chief Legal Officer and Head of Global Public Policy.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.