MasterCard has shuffled four top executives to evolve the company’s “Global Products and Solutions” and “Operations and Technology” business units, effective January 1st.
Ed McLaughlin has been named chief information officer. In this new role, McLaughlin will be responsible for ensuring the company efficiently delivers software development and integration efforts at the highest standards. For the past five years, he served as chief emerging payments officer, leading the development and launch of the company’s digital platforms, including MasterPass, the MDES digital token program and P2P payments.
McLaughlin originally joined MasterCard in 2005 as head of Bill Payment and Healthcare. He later served as chief franchise development officer before assuming his current role. Earlier in his career, McLaughlin led product and strategy at Metavante and was a co-founder and CEO of Paytrust, an online payments company.
Garry Lyons, chief innovation officer, will now lead the Digital Payments and MasterCard Labs organizations. He will be responsible for consolidating the development and delivery of emerging digital payments solutions to ensure a high quality consumer and merchant experience. In 2010, Lyons led the launch of MasterCard Labs, the company’s global research and development arm focused on payments innovation, delivering additional consumer shopping convenience.
Lyons served as chief executive officer for Orbiscom prior to its acquisition by MasterCard. He has also held senior technology and management positions with Cognotec, Credo and ICL.
Raja Rajamannar, chief marketing officer, will add communications to his responsibilities. He will also help the company explore new business opportunities in various sectors, drawing on his global experience in different industries, from Citi to Unilever to Humana.
Chris Monteiro will become chief communications and digital marketing officer, reporting to Rajamannar. Together, Rajamannar and Monteiro will work closely to drive alignment across the company’s marketing, internal and external communications activities.
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