Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan McInerney, the company’s current president and a veteran of the payments giant for nearly a decade.
“Ryan’s appointment reflects the board’s very well-established and thoughtful succession plan,” John Lundgren, the board’s lead independent director, said in a release. “Visa’s
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success will continue to accelerate with Ryan assuming this new role. He is an experienced leader who has played an integral role in Visa’s growth and innovation.”
McInerney has been responsible for Visa’s global businesses in his role as president, looking over the company’s product team and merchant team, among others.
Kelly will assume the new, full-time position of executive chairman on the company’s board of directors.
