Visa Chief Financial Officer Vasant Prabhu Appointed Company Vice Chairman

SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. announced today that Vasant Prabhu, Executive Vice President,
Chief Financial Officer and member of the Executive Committee, will take
on the added title of Vice Chairman for the global payments technology
company.

As part of his expanded role, Prabhu will take an active role in
representing Visa at payments industry forums and serving as a valuable
voice with key constituents on business issues of strategic importance
to Visa and its clients. Additionally, he will provide strategic counsel
on major initiatives and geographies important to Visa’s future growth.

“I have extraordinary respect for Vasant,” said Al Kelly, Visa CEO. “He
is a strong strategist with a deep knowledge of our business, and is
very well regarded in the industry. This expanded role will enable us to
leverage his expertise in new and meaningful ways.”

Prior to joining Visa, Prabhu worked at NBCUniversal Media, LLC, as
Chief Financial Officer, overseeing the company’s finance function as
well as the operations and technical services division. Prior to joining
NBCUniversal in 2014, Prabhu served as the chief financial officer for
Starwood Hotels & Resorts Worldwide, Inc. since 2004.

In 2010, Prabhu was named Vice Chairman of Starwood. At Starwood, he was
responsible for all financial functions, information technology and a
range of corporate functions. He also served as Executive Vice President
and Chief Financial Officer for Safeway Inc., and held senior leadership
roles at The McGraw-Hill Companies, Inc., PepsiCo, Inc. and Booz, Allen
& Hamilton. Prabhu holds a B.S. in Engineering from the Indian Institute
of Technology and an MBA from the University of Chicago.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our
mission is to connect the world through the most innovative, reliable
and secure payment network – enabling individuals, businesses and
economies to thrive. Our advanced global processing network, VisaNet,
provides secure and reliable payments around the world, and is capable
of handling more than 65,000 transaction messages a second. The
company’s relentless focus on innovation is a catalyst for the rapid
growth of digital commerce on any device for everyone, everywhere. As
the world moves from analog to digital, Visa is applying our brand,
products, people, network and scale to reshape the future of commerce.
For more information, visit About
Visa
, visa.com/blog
and @VisaNews.

Contacts

Visa Inc.
Media Relations
Will Stickney,
+1-415-805-5218
[email protected]

Investor Relations
Mike Milotich, +1-650-432-7644
[email protected]

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