Purchase, NY, USA – MasterCard announced the appointment of Tim Murphy to general counsel and chief franchise officer, effective April 1, 2014.[break]
Mr. Murphy also joins the company’s Executive Committee. Mr. Murphy joined MasterCard’s Law department in 2000 and became senior vice president and associate general counsel in 2003. In 2006, he was named group executive, Customer Business Planning and Analysis, and was president of MasterCard’s U.S. Region from 2007 to 2009. Mr. Murphy then became chief product officer, responsible for leading the management, development and commercialization of MasterCard’s core payment solutions.
Before joining MasterCard, Mr. Murphy was an associate in the New York and London offices of Cleary, Gottlieb, Steen & Hamilton, an international law firm. He graduated magna cum laude from Harvard Law School and from Amherst College.
The appointment comes as Noah Hanft announces his retirement from MasterCard.
Mr. Hanft retires March 31, after 27 years with the company. He was general counsel and chief franchise officer since 2001. Beginning May 1, 2014, Mr. Hanft will become the president and CEO of the International Institute for Conflict Prevention and Resolution, a non - February 6, 2014, Purchase, NY, USA – MasterCard announced the appointment of Tim Murphy to general counsel and chief franchise officer, effective April 1, 2014.
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Mr. Murphy also joins the company’s Executive Committee. Mr. Murphy joined MasterCard’s Law department in 2000 and became senior vice president and associate general counsel in 2003. In 2006, he was named group executive, Customer Business Planning and Analysis, and was president of MasterCard’s U.S. Region from 2007 to 2009. Mr. Murphy then became chief product officer, responsible for leading the management, development and commercialization of MasterCard’s core payment solutions.
Before joining MasterCard, Mr. Murphy was an associate in the New York and London offices of Cleary, Gottlieb, Steen & Hamilton, an international law firm. He graduated magna cum laude from Harvard Law School and from Amherst College.
The appointment comes as Noah Hanft announces his retirement from MasterCard.
Mr. Hanft retires March 31, after 27 years with the company. He was general counsel and chief franchise officer since 2001. Beginning May 1, 2014, Mr. Hanft will become the president and CEO of the International Institute for Conflict Prevention and Resolution, a non-profit organization whose mission is to help global businesses resolve complex commercial disputes.
Since joining MasterCard in 1984, he held positions of increasing responsibility within the Law Department, including that of senior vice president, U.S. Counsel and assistant general counsel. He left MasterCard from 1990 to 1993 and returned to see the company through its acquisition of Europay and he played an instrumental role in MasterCard’s transition from an association to a publicly-traded company beginning May 25, 2006.
Effective April 1, Craig Vosburg will assume the role of chief product officer after holding the role of group executive, U.S. Market Development.
Mike Cyr, group executive, U.S. Markets Customer Delivery, will now become responsible for U.S. Market Development. ■
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