Visa appoints retail exec to lead North American debit/credit business

Source: Visa

Visa Inc. (NYSE:V) ("Visa") today announced the appointment of Kevin Knight as the company's Head of Credit and Debit Products, North America.

In this role, Mr. Knight will be responsible for managing development and growth of Visa's consumer credit, debit and small business product suite.

Mr. Knight joins Visa from Nordstrom, one of the nation's leading fashion specialty retailers, where he most recently served as president of Nordstrom's credit division and chairman of Nordstrom FSB, the company's bank subsidiary. During his tenure at Nordstrom, Mr. Knight was responsible for the company's credit business, payment acceptance and processing for its stores, and built Nordstrom's retail loyalty program supported by credit and debit payment products. Prior to Nordstrom, he spent more than 20 years at GE Capital in a variety of positions with responsibility for credit card and other financial services.

"Kevin's deep knowledge of the payments industry and his experience from both a retailer and financial institution perspective make him an ideal choice to fill this role," said William M. Sheedy, Group President, Americas, Visa. "Further, Kevin's unique insight into consumer needs and trends will prove valuable to clients as we develop products and services to help them grow their respective businesses."

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