Tuesday, June 26, 2007

Visa hires president pre-IPO; Visa USA CEO resigns

(Reuters) - At Visa Inc., Morris will have responsibility for all income-generating businesses. Morris, 48, has spent his 27-year career at Citigroup and its predecessors. Since November 2002, he has been chief financial officer of Citi Markets & Banking, which includes investment and corporate banking operations.




The publicly traded entity to be known as Visa Inc. will combine Visa USA, Visa International and Visa Canada. Smaller rival MasterCard Inc. went public in May 2006.


Read more at Reuters.com Bonds News

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