visa inc-class a shares (V:New York)

Executive Profile*

Background*

Mr. Joseph W. Saunders, Joe served as Chief Executive Officer of Visa, Inc. from May 2007 to November 1, 2012. Mr. Saunders served as the Chief Executive Officer of Visa U.S.A., Inc., since May 2007. He served as the Chief Executive Officer of Visa International Service Association since May 2007. He served as the President of Card Services of Washington Mutual Inc. from October 2006 to February 28, 2007. He was employed by of Washington Mutual Inc. since October 2005. ... He is a leading provider of credit cards to middle market consumers throughout the United States. He joined Washington Mutual through its acquisition of Providian Financial Corp. in October 2005. Mr. Saunders served as the President and Chief Executive Officer of Washington Mutual Card Services (formerly, Providian Financial Corp.) from November 26, 2001 to October 2005. He served as Chairman of the Board, President and Chief Executive Officer of Household Credit Services Inc. His career in financial services spans more than 30 years, beginning in 1968 when, Mr. Saunders embarked on a 16-year career with Continental Illinois Bank, first as an analyst for the Methods Research Group and successively as Assistant Vice President and Vice President of Retail Banking and Head of the Credit Card Business. In 1985, after spending a year at Bank of America as Vice President in Credit Card Operations, he joined Household International as Vice President, where he was tasked with building its credit card business. During his tenure with Household, Mr. Saunders served in various senior roles, including Head of the Private Label credit card business, the Canadian banking business and Alexander Hamilton Life Insurance. He served as the Chief Executive Officer of Fleet Credit Card Services of FleetBoston Financial Corporation from 1997 to November 2001. He served as the Chairman of Visa U.S.A., Inc., since May 2007 and served as its Director. Mr. Saunders served as the Chairman of Visa International Service Association since May 2007. He served as Chairman of VISA U.S.A. Inc. and Director of VISA U.S.A. Inc. from October 2002 to February 2007 and Visa International Service Association from October 2005 to February 2007. He served as the Chairman of Washington Mutual Card Services since May 8, 2002 and its Director since November 2001. He served as Executive Chairman of Visa, Inc. from February 2007 to March 31, 2013. He served as the Chairman of the MasterCard International Board. He served as Chairman of Fleet Credit Card Services of FleetBoston Financial Corporation from 1997 to November 2001. He has been a Director of Affinion Group, Inc. since August 24, 2006. He serves as a Director of financial Services Roundtable. He served as a Director of NewStar Financial Inc. from December 13, 2006 to October 2007. From 1993 to 1997, while Mr. Saunders was at Household where, he also served as a member of the board of Directors for MasterCard International, MasterCard U.S.A., and MasterCard Inc. He served as a Director of Affinion Group Holdings, Inc. from August 24, 2006 to August 10, 2007. He received a Bachelor of Science in 1967 and a Master of Business Administration in 1968, both from University of Denver.

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