Ajaypal Banga biography. Ajay Banga is the chief executive officer and president of MasterCard Inc. DOW INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Mr. Banga has been CEO since July 2010. For its 2019 fiscal year, Mastercard Inc, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Salary Ajay Banga. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance Daily : ₹ 56,61,655.85. Just before the start of our Convocation, here is a video of Mr. Ajay Banga, CEO MasterCard and an alumnus of IIMA! His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. Ajaypal Banga biography. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Ajay Banga, Chief Executive Officer, received $20.4M in total, which increased by 9% compared to 2017. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. The second best result is Ajay Banga age 30s in Pittsburg, CA. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. MasterCard Inc. Chief Executive Ajay Banga was paid $15.5 million in 2015, up 16% from a year prior. Banga, who took over the company shortly after the financial crisis of 2008-09, saw the payment processor’s revenue triple as online shopping gained prominence worldwide during his tenure. Mr. In addition, he makes $23,250,000 as CEO of Mastercard. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. Related Posts on Ajay Banga February 25, 2020. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. DOW INC annual reports of executive compensation and pay … According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. He moved into this role following 11 years as the company’s president and chief executive officer. Select this result to view Ajay Banga's phone number, address, and more. Mastercard CEO of a decade, Ajay Banga, will step down at the beginning of next year. Why you should listen. From 2010-2018, Banga realized $199,587,928 in total compensation. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. In addition, he makes $23,250,000 as Chief Executive Officer at … Ajay Banga, MasterCard - Rs 5,200 crore. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. In the last ten years, he sold only stock worth over $69,9… Of this total $1,250,000 was received as a salary, $5,664,063 was received as a bonus, $7,450,079 was received in stock options, $8,650,134 was awarded as stock … Banga also received $2.1M in bonus, $1.9M in non-equity incentive plan, $2.2M in option awards, $850K in salary and $149.3K in other compensation. Mastercard CEO Ajay Banga explained in a new interview with The New York Times that the company's decision to cut ties with the popular pornography website Pornhub was a measure of legality rather than morality. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajay Banga: CEO Pay $23,249,977: Median Employee Pay $138,142: CEO Pay Ratio 168:1 Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Ajay Banga is CEO of Mastercard and a member of its board of directors, and will become executive chairman of the board of directors in January 2021. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Monthly : ₹ 12,26,69,210.17. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. The current president and chief executive officer of MasterCard make a whopping $16.9 million a year. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk This information is according to proxy statements filed for the 2019 fiscal year. All proxy statements are public filings made available to the general public by the SEC. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Ajaypal Singh Banga Net worth Check how rich is Ajaypal Singh Banga in 2020? Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. There are no executives at Mastercard getting paid more. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Ajaypal Singh Banga Net Worth. The current Chief Product Officer Michael Miebach will take over from Banga. Rankings In 2010 , Ajay Banga's compensation ranked 238th out of 10,438 executives tracked by ExecPay.
Ajaypal has made over 10 trades of the Mastercard stock since 2013, according to the Form 4 filled with the SEC. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. The estimated Net Worth of Ajay Banga is at least $226 Million dollars as of 23 July 2020. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. Ajaypal Banga biography. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. ap. 33.12% of Banga's compensation, or $6.8M, was in stock awards.Banga also received $5.3M in non-equity incentive plan, $6.7M in option awards, $1.3M in salary, as well as $341.3K in other compensation. What is the salary of Ajaypal Banga? The information shown here is a reporting of information included in the company's proxy statement. FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security's Cybersecurity Summit in Manhattan, New York, U.S., July 31, 2018. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Coronavirus Tips – Working and Protection. Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Ruben Sprich/Reuters. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Mastercard Inc income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Of this total $1,250,000 was received as a salary, $5,664,063 was received as a bonus, $7,450,079 was received in stock options, $8,650,134 was awarded as stock and $235,701 came from other types of compensation. He is currently in the Top 10 list of highest paid Indian American CEOs. They have also lived in Pearland, TX and Antioch, CA. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. How Does Ajay Banga's Compensation Compare With Similar Sized Companies? There are no executives at Mastercard getting paid more. Executive positions at Citigroup (1996-2009), including CEO, Asia Pacific region; Chairman and CEO, International Global Consumer Group; Executive Vice President, Global Consumer Group; President, Retail Banking, North America; and business head for CitiFinancial and the U.S. Consumer Assets … Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. There are no executives at Mastercard getting paid more. A website quoted that Banga’s salary included $1 million in salary, $4.3 million in stock awards, $4.2 million in options and $2.5 million in a non-equity incentive plan compensation along with other elements. From 2010-2018, Banga realized $199,587,928 in total compensation. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Ajay Banga is executive chairman of the board of directors of Mastercard. "It is certain kinds of porn that are illegal. Ajay Banga was raised in Khadki, Pune, Maharashtra in India. Ajay Banga is Chairman at Mastercard Inc. See Ajay Banga's compensation, career history, education, & memberships. His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. How Does Ajay Banga's Compensation Compare With Similar Sized Companies? Salary Ajay Banga. 3 Ajaypal Singh Banga.
, Living and Working during the Coronavirus Pandemic, Survey on Living and Working in Canada during Coronavirus, Coronavirus Work & Life in Maps and Graphs - updated daily, Daily updated Maps on Living and Working during Coronavirus, Daily updated Graphs on Living and Working during Coronavirus. Mr. Banga has been CEO since July 2010. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Mr. Banga owns over 61,067 units of Mastercard stock worth over $132,461,934 and over the last 11 years he sold MA stock worth over $69,986,261. Executive positions at Citigroup (1996-2009), including CEO, Asia Pacific region; Chairman and CEO, International Global Consumer Group; Executive Vice President, Global Consumer Group; President, Retail Banking, North America; and business head for CitiFinancial and the U.S. Consumer Assets … He will also be receiving an equity grant with an estimated target value of $6.25 Mn. The chart on this page features a breakdown of the total annual pay for Ajay Banga, Chief Executive Officer at Mastercard Inc as reported in their proxy statements. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. Ajay is related to Mohinder S Banga and Sudev S Singh as well as 2 additional people. The President, Shri Pranab Mukherjee presenting the Padma Shri Award to Shri Ajaypal Singh Banga, at a … Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. What is the salary of Ajaypal Banga? Likewise, Ajaypal owns over 252,600 units of MasterCard’s stock worth over $149,094,670. He is the son of Harbhajan Singh Banga, a retired army officer, and was brought up in a traditional family with his older brother Manvinder Singh Banga, who is also well known as CEO of equity fund Clayton Dubilier Rice. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Mastercard CEO Ajay Banga to step down in 2021; chief product officer Michael Miebach to take over Ajay Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor’s revenue triple during his tenure as online shopping gained prominence around the world. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1604915830963-0'); }); Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Ajay Banga is the chief executive officer and president of MasterCard Inc. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. Mastercard President and CEO Ajay Banga. Mywage.ca is connected to the WageIndicator Network. Check salary, income and/or net worth of Ajay Banga at Salary.lk His nationality and ethnicity is Indian. As the CEO and the President of MasterCard Incorporated, Ajaypal makes an enormous earning up to $ 16.9 million per year. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. With his remarkable tenure as Mastercard CEO, Ajay Banga knows what he's talking about when it comes to driving growth. Ajaypal Singh Banga Net Worth $1.2 Billion. 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