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MasterCard tech chief Dunbar steps down

17 January 2008  |  2114 views  |  0 Source: MasterCard Worldwide

W. Roy Dunbar, 46, President - Global Technology and Operations since 2004, will leave MasterCard Worldwide to become Chief Executive Officer of a company outside the payments industry.

Details of his position will be announced shortly by his new company.

Mr. Dunbar's active employment concludes on January 31; his resignation from the company is effective on March 15. Rob Reeg, 51, Chief Technology Officer for MasterCard Worldwide, will head the unit on an interim basis.

Robert W. Selander, MasterCard President and CEO, noted that "Roy has made significant contributions to the company's strategic processing platform and seamless global network, which are competitive assets in the marketplace. I understand that Roy wants to take on an opportunity as CEO in a new arena, and I wish him well in his journey."

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