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Visa nominates two for election to the board

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Staff writer | Foster City, Ca., USA | November 26, 2013
VisaVisa Inc. announced that it nominated Alfred F. Kelly, Jr. and Maynard G. Webb, Jr. for election as independent board members of Visa Inc on January 29, 2014.
Mr. Webb is the founder of Webb Investment Network and a co-founder of Everwise Corporation, a provider of workplace mentoring solutions.

Mr. Webb previously served as the Chief Executive Officer of LiveOps Inc. from 2006 to 2011, the Chief Operating Officer of eBay, Inc. from 2002 to 2006, and the President of eBay Technologies from 1999 to 2002.

Prior to joining eBay, Mr. Webb was the Senior Vice President and Chief Information Officer at Gateway, Inc. and the Vice President and Chief Information Officer at Bay Networks, Inc.

Mr. Webb currently serves as the Chairman of the Board of Yahoo! Inc. and LiveOps Inc., and as a Director of salesforce.com, Inc.

Mr. Kelly is currently the President and Chief Executive Officer of the 2014 NY/NJ Super Bowl Host Company, an entity created to raise funds for and to host Super Bowl XLVIII.

Mr. Kelly held senior positions at the American Express Company for 23 years, including President of the company from 2007 to 2010, Group President, Consumer, Small Business and Merchant Services from 2005 to 2007, and Group President, U.S. Consumer and Small Business Services from 2000 to 2005.

Prior to joining American Express, Mr. Kelly was head of information systems at the White House and also served in positions in information systems and financial planning at PepsiCo Inc.

Mr. Kelly currently serves on the Board of Directors of MetLife Inc.

The Board also announced that on November 21, 2013, Gary P. Coughlan provided notice of his decision not to stand for re-election as a member of the Board.

Mr. Coughlan has been a director since October 2007 and is a member of the Audit and Risk Committee.

He will continue to serve the remainder of his term until the 2014 Annual Meeting in January.


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