“I am thrilled to join an incredible company at such an exciting time,” McInerney said. “As the global leader in payments, Visa has helped its clients tremendously by driving the global migration to electronic payments. I look forward to working with the Visa team to prepare for the many opportunities ahead and finding new ways to help our partners grow their businesses.”
McInerney, the former CEO of consumer banking at JPMorgan Chase, held several senior positions at the bank, including responsibilities in risk management, operations, product management and marketing. He also previously served on the bank’s executive committee.
“I have worked closely with Ryan for many years and know him to have extensive payments knowledge, be a tremendous leader and a great executive capable of motivating and managing large groups of people,” Visa CEO Charlie Scharf said. “I am confident he will be a great fit and asset to the organization. As Visa seeks to find new ways to partner with and add value to our clients, I believe Ryan’s client focus and deep understanding of the industry will be invaluable.”
Visa also announced the appointment of Elizabeth Buse, who has led Visa’s Asia Pacific, Central Europe, Middle East and Africa regions, to its global solutions organization, where she will be responsible for managing new mobile and information products and services. She will also head CyberSource’s merchant sales.
Bill Sheedy was also chosen to head corporate strategy, mergers and acquisitions and government relations for Visa. He previously managed several of Visa’s regional departments.
“I believe the changes we are making harness the expertise and great talent that already exists within the company, while infusing our organization with new experience and perspective essential for us to continue to lead,” Scharf said.