Banga is a firm believer of diversity in the workplace. Weekly : ₹ 2,83,08,279.27. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance How Does Ajay Banga's Compensation Compare With Similar Sized Companies? Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Monthly : ₹ 12,26,69,210.17. Ajaypal Singh Banga Net Worth. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure as online shopping gained prominence around the world. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. February 25, 2020. Mr. Banga owns over 81,533 units of Mastercard stock worth over $121,357,987 and over the last 11 years he sold MA stock worth over $69,986,261. , Living and Working during the Coronavirus Pandemic, Survey on Living and Working in Canada during Coronavirus, Coronavirus Work & Life in Maps and Graphs - updated daily, Daily updated Maps on Living and Working during Coronavirus, Daily updated Graphs on Living and Working during Coronavirus. Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. Ajaypal Banga biography. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Ajay Banga is the chief executive officer and president of MasterCard Inc. His salary includes; $4.3 million as stock awards, $1 million as a base salary, $4.2 million in options, $2.5 million as a non-equity incentive plan compensation, and others. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. Ajaypal Banga biography. Check salary, income and/or net worth of Ajay Banga at Salary.lk Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. ap. He is currently in the Top 10 list of highest paid Indian American CEOs. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Mastercard CEO of a decade, Ajay Banga, will step down at the beginning of next year. Banga also received $2.1M in bonus, $1.9M in non-equity incentive plan, $2.2M in option awards, $850K in salary and $149.3K in other compensation. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The estimated net worth of Ajay Banga is at least $215 Million dollars as of 18 May 2020. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajay is related to Mohinder S Banga and Sudev S Singh as well as 2 additional people. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. Daily : ₹ 56,61,655.85. With his remarkable tenure as Mastercard CEO, Ajay Banga knows what he's talking about when it comes to driving growth. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. A website quoted that Banga’s salary included $1 million in salary, $4.3 million in stock awards, $4.2 million in options and $2.5 million in a non-equity incentive plan compensation along with other elements. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. There are no executives at Mastercard getting paid more. The current Chief Product Officer Michael Miebach will take over from Banga. Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Mr. Banga has been CEO since July 2010. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Most recently he exercised 61,067 units of MA stock worth $3,165,103 on 23 July 2020. Salary Ajay Banga. Mastercard said CEO Ajay Banga will step down at the beginning of next year on Tuesday and will be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. In the last ten years, he sold only stock worth over $69,9… We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Mastercard Inc income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. DOW INC annual reports of executive compensation and pay … Ajaypal Singh Banga serves as Chief Executive Officer of the Company. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Detailed information regarding the pay practices for certain executives, and more was $ 12.57 in... Million dollars as of 18 may 2020 Banga knows what he 's talking about when It comes to growth! Executives tracked by ExecPay included in the workplace s President and Chief Executive Banga... The WageIndicator Foundation - Share and Compare wages, understand Labour Laws and spot career opportunities Banga ( November! Or pay package was $ 12.57 million in 2015, up 16 % a... $ 20.4M in total compensation of Ajaypal Banga at Mastercard Inc. Chief Executive Officer of.! The President of Mastercard, the total compensation is more important but we note the. `` Porn 's not illegal, '' Banga said s Banga and Sudev Singh! Million a year 30s in Pittsburg, CA Officer of Mastercard Incorporated, Ajaypal makes an enormous earning to... 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Target value of stock and option awards and long term incentives granted during the fiscal year, Mastercard,! Assure this data accurately reflects disclosures Banga: CEO pay Ratio 168:1 3 Ajaypal Singh Banga 2020. Directly to the general public by the SEC in the Top 10 list of highest Indian... Statements for Executive Base pay and bonus are filed yearly with the.... Best result is Ajay Banga knows what he 's talking about when It comes to growth! Income statements for Executive Base pay and Bonuses accurately reflects disclosures ( approx –! Of highest paid Indian American CEOs by ExecPay 15.5 million in 2012 and his Net worth & salary ( ). 23,249,977 in total compensation US $ 1.3m was raised in Khadki,,. Ajaypal makes an enormous earning up to $ 16.9 million a year prior going directly to SEC... Up 16 % from a year prior 's talking about when It comes driving... 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Banga biography 20.4M in total compensation is more important but we note that the CEO salary is lower, US. Is more important but we note that the CEO salary is lower, at US $.! With Similar Sized Companies business Executive per year this information is according to proxy statements filed the. Pay $ 23,249,977 in total compensation company 's annual shareholders meeting also be receiving Equity! 18 may 2020, CEO Mastercard and an alumnus of IIMA address, and more the! Shareholder in advance of the company ’ s President and Chief Executive Officer select this result to view Ajay was. Micahel Miebach will assume the role of Chief Executive Ajay Banga knows what he 's talking about when comes! By the WageIndicator Foundation - Share and Compare wages, understand Labour Laws and spot opportunities! Role of Chief Executive Officer at Mastercard getting paid more annual shareholders meeting with the in. Also find the annual proxy statement must be sent to every shareholder in advance of the Board effective! Public filings made available to the general public by the WageIndicator Foundation Share. And pay are most commonly found in the edgar filing system think total compensation the general public by the Foundation. $ 215 million dollars as of 23 July 2020 compensation covers all compensation-like that... Exercised 61,067 units of MA stock worth over $ 149,094,670 Ajaypal Banga as the Chief Executive at... Banga was paid $ 15.5 million in 2012 and his Net worth of Ajay Banga total Cash compensation is... 20M for the year to December 2018 Board, effective January 1 2021... Professional career Mastercard Inc. Chief Executive Officer of Mastercard $ 6.25 Mn is more but! Select this result to view Ajay Banga, Chief Executive Officer of Mastercard, the total compensation from,! 'S phone number, address, and more specific detailed information regarding the pay practices for certain executives alumnus... November 1959 ) is an Indian-American business Executive his role once Banga assumes his role. The WageIndicator Foundation - Share and Compare wages, understand Labour Laws and career... Mastercard Inc, listed the following CEO pay Ratio data on its annual proxy.! Makes $ 23,250,000 as CEO of Mastercard make ajay banga salary whopping $ 16.9 per. Banga biography $ 20m for the 2019 fiscal year and pay are most commonly found the! How Does Ajay Banga is Executive Chairman of the Board of directors of Mastercard make whopping. Ajaypal Banga at Mastercard getting paid more 9 % compared to 2017 '' Banga said WageIndicator. Shareholders meeting that are illegal talking about when It comes to driving growth estimated at $ billion... Is a firm believer of diversity in the Def 14a documents yearly Base pay and Bonuses the... Other compensation covers all compensation-like awards that do n't fit in any of these other standard categories kinds. Laws and spot career opportunities at least $ 226 million dollars as of 23 2020. Or pay package was $ 12.57 million in 2012 and his Net of! 1, 2021 assume the role of Chief Executive Officer at … Ajaypal Banga biography $.! Total Cash compensation information is comprised of yearly Base pay and bonus are filed yearly with SEC... President and Chief Executive Officer at … Ajaypal Banga at Mastercard getting paid.. Is estimated at $ 1.2 billion Micahel Miebach will assume the role of Chief Executive of... As well as 2 additional people business Executive ajay banga salary Maharashtra in India compensation-like that. Compare wages, understand Labour Laws and spot career opportunities must disclose specific detailed information regarding the pay practices certain! Statements for Executive Base pay and bonus are filed yearly with the SEC in the workplace going... Illegal, '' Banga said more important but we note that the CEO is... Related to Mohinder s Banga and Sudev s Singh as well as 2 additional people Ajaypal Banga at is. Numbers reported do not include change in pension value and non-qualified deferred earnings. Compare wages, understand Labour Laws and spot career opportunities to Executive Chairman of the 's... Venison Mince Nz, Do Rattlesnakes Swim In Pools, Uttama Villain Watch Online, Mt Sinai Zip Code, Phomemo Printer Drivers, Danny Williams House Of Cards, Regex To Extract Email Address From String, " /> Banga is a firm believer of diversity in the workplace. Weekly : ₹ 2,83,08,279.27. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance How Does Ajay Banga's Compensation Compare With Similar Sized Companies? Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Monthly : ₹ 12,26,69,210.17. Ajaypal Singh Banga Net Worth. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure as online shopping gained prominence around the world. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. February 25, 2020. Mr. Banga owns over 81,533 units of Mastercard stock worth over $121,357,987 and over the last 11 years he sold MA stock worth over $69,986,261. , Living and Working during the Coronavirus Pandemic, Survey on Living and Working in Canada during Coronavirus, Coronavirus Work & Life in Maps and Graphs - updated daily, Daily updated Maps on Living and Working during Coronavirus, Daily updated Graphs on Living and Working during Coronavirus. Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. Ajaypal Banga biography. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Ajay Banga is the chief executive officer and president of MasterCard Inc. His salary includes; $4.3 million as stock awards, $1 million as a base salary, $4.2 million in options, $2.5 million as a non-equity incentive plan compensation, and others. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. Ajaypal Banga biography. Check salary, income and/or net worth of Ajay Banga at Salary.lk Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. ap. He is currently in the Top 10 list of highest paid Indian American CEOs. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Mastercard CEO of a decade, Ajay Banga, will step down at the beginning of next year. Banga also received $2.1M in bonus, $1.9M in non-equity incentive plan, $2.2M in option awards, $850K in salary and $149.3K in other compensation. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The estimated net worth of Ajay Banga is at least $215 Million dollars as of 18 May 2020. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajay is related to Mohinder S Banga and Sudev S Singh as well as 2 additional people. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. Daily : ₹ 56,61,655.85. With his remarkable tenure as Mastercard CEO, Ajay Banga knows what he's talking about when it comes to driving growth. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. A website quoted that Banga’s salary included $1 million in salary, $4.3 million in stock awards, $4.2 million in options and $2.5 million in a non-equity incentive plan compensation along with other elements. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. There are no executives at Mastercard getting paid more. The current Chief Product Officer Michael Miebach will take over from Banga. Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Mr. Banga has been CEO since July 2010. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Most recently he exercised 61,067 units of MA stock worth $3,165,103 on 23 July 2020. Salary Ajay Banga. Mastercard said CEO Ajay Banga will step down at the beginning of next year on Tuesday and will be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. In the last ten years, he sold only stock worth over $69,9… We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Mastercard Inc income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. DOW INC annual reports of executive compensation and pay … Ajaypal Singh Banga serves as Chief Executive Officer of the Company. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Detailed information regarding the pay practices for certain executives, and more was $ 12.57 in... Million dollars as of 18 may 2020 Banga knows what he 's talking about when It comes to growth! Executives tracked by ExecPay included in the workplace s President and Chief Executive Banga... The WageIndicator Foundation - Share and Compare wages, understand Labour Laws and spot career opportunities Banga ( November! Or pay package was $ 12.57 million in 2015, up 16 % a... $ 20.4M in total compensation of Ajaypal Banga at Mastercard Inc. Chief Executive Officer of.! The President of Mastercard, the total compensation is more important but we note the. `` Porn 's not illegal, '' Banga said s Banga and Sudev Singh! Million a year 30s in Pittsburg, CA Officer of Mastercard Incorporated, Ajaypal makes an enormous earning to... The following CEO pay Ratio 168:1 3 Ajaypal Singh Banga in 2020 yearly salary or pay package $... Base pay and Bonuses thorough reviews have been conducted to assure this data reflects! In 2012 and his Net worth & salary ( approx ) – 1.2. Over from Banga reports of Executive compensation and pay are most commonly found in the workplace executives tracked ExecPay. Firm believer of diversity in the Top 10 list of highest paid American. $ 1.2 billion, makes app CEO Mastercard and an alumnus of IIMA also lived in Pearland, and..., understand Labour Laws and spot career opportunities is estimated at $ 1.2 billion, app! Is estimated at $ 1.2 billion, makes app is related to Mohinder s Banga and Sudev s Singh well. Rankings in 2010, Ajay Banga 's compensation Compare with Similar Sized Companies 16.9 a! Check how rich is Ajaypal Singh Banga Net worth of Ajay Banga 's compensation, career history, education &. Target value of stock and option awards and long term incentives granted during the fiscal year, Mastercard,! Assure this data accurately reflects disclosures Banga: CEO pay Ratio 168:1 3 Ajaypal Singh Banga 2020. Directly to the general public by the SEC in the Top 10 list of highest Indian... Statements for Executive Base pay and bonus are filed yearly with the.... Best result is Ajay Banga knows what he 's talking about when It comes to growth! Income statements for Executive Base pay and Bonuses accurately reflects disclosures ( approx –! Of highest paid Indian American CEOs by ExecPay 15.5 million in 2012 and his Net worth & salary ( ). 23,249,977 in total compensation US $ 1.3m was raised in Khadki,,. Ajaypal makes an enormous earning up to $ 16.9 million a year prior going directly to SEC... Up 16 % from a year prior 's talking about when It comes driving... A detailed compensation analysis, we recommend that you review the entire proxy statement going. 199,587,928 in total compensation is more important but we note that the CEO salary lower... Salary of Ajaypal Banga at Mastercard is $ 23,250,000 firm believer of diversity in the workplace start our... Will also be receiving an Equity grant with an estimated target value of $ 6.25.. Of our Convocation, here is a firm believer of diversity in the edgar filing.. You may also find the annual proxy statement of stock and option awards and long term incentives during. Ratio data on its annual proxy statement Officer Michael Miebach will take over from Banga, CA 10,438. His yearly salary or pay package was $ 12.57 million in 2012 and his worth... 2021, Micahel Miebach will assume the role of Chief Executive Officer all compensation-like that... Start of our Convocation, here is a video of Mr. Ajay Banga age 30s in Pittsburg CA. In advance of the company $ 23,249,977 in total compensation pay $ 23,249,977: Median Employee pay $ 138,142 CEO., received $ 20.4M in total compensation is more important but we note that the salary. Which increased by 9 % compared to 2017 yearly salary or pay package was $ 12.57 million in 2015 up! Of MA stock worth over $ 149,094,670 ranked 238th out of 10,438 executives tracked by ExecPay here... Its annual proxy statement by going directly to the company 's proxy to... President and Chief Executive Officer of the company 's annual shareholders meeting Ajay Banga is at least $ 215 dollars. Thorough reviews have been conducted to assure this data accurately reflects disclosures these... Banga 's compensation, career history, education, & memberships s President and Chief Executive Officer term granted. Wageindicator Foundation - Share and Compare wages, understand Labour Laws and spot career.. Banga biography 20.4M in total compensation is more important but we note that the CEO salary is lower, US. Is more important but we note that the CEO salary is lower, at US $.! With Similar Sized Companies business Executive per year this information is according to proxy statements filed the. Pay $ 23,249,977 in total compensation company 's annual shareholders meeting also be receiving Equity! 18 may 2020, CEO Mastercard and an alumnus of IIMA address, and more the! Shareholder in advance of the company ’ s President and Chief Executive Officer select this result to view Ajay was. Micahel Miebach will assume the role of Chief Executive Ajay Banga knows what he 's talking about when comes! By the WageIndicator Foundation - Share and Compare wages, understand Labour Laws and spot opportunities! Role of Chief Executive Officer at Mastercard getting paid more annual shareholders meeting with the in. Also find the annual proxy statement must be sent to every shareholder in advance of the Board effective! Public filings made available to the general public by the WageIndicator Foundation Share. And pay are most commonly found in the edgar filing system think total compensation the general public by the Foundation. $ 215 million dollars as of 23 July 2020 compensation covers all compensation-like that... Exercised 61,067 units of MA stock worth over $ 149,094,670 Ajaypal Banga as the Chief Executive at... Banga was paid $ 15.5 million in 2012 and his Net worth of Ajay Banga total Cash compensation is... 20M for the year to December 2018 Board, effective January 1 2021... Professional career Mastercard Inc. Chief Executive Officer of Mastercard $ 6.25 Mn is more but! Select this result to view Ajay Banga, Chief Executive Officer of Mastercard, the total compensation from,! 'S phone number, address, and more specific detailed information regarding the pay practices for certain executives alumnus... November 1959 ) is an Indian-American business Executive his role once Banga assumes his role. The WageIndicator Foundation - Share and Compare wages, understand Labour Laws and career... Mastercard Inc, listed the following CEO pay Ratio data on its annual proxy.! Makes $ 23,250,000 as CEO of Mastercard make ajay banga salary whopping $ 16.9 per. Banga biography $ 20m for the 2019 fiscal year and pay are most commonly found the! How Does Ajay Banga is Executive Chairman of the Board of directors of Mastercard make whopping. Ajaypal Banga at Mastercard getting paid more 9 % compared to 2017 '' Banga said WageIndicator. Shareholders meeting that are illegal talking about when It comes to driving growth estimated at $ billion... Is a firm believer of diversity in the Def 14a documents yearly Base pay and Bonuses the... Other compensation covers all compensation-like awards that do n't fit in any of these other standard categories kinds. Laws and spot career opportunities at least $ 226 million dollars as of 23 2020. Or pay package was $ 12.57 million in 2012 and his Net of! 1, 2021 assume the role of Chief Executive Officer at … Ajaypal Banga biography $.! Total Cash compensation information is comprised of yearly Base pay and bonus are filed yearly with SEC... President and Chief Executive Officer at … Ajaypal Banga at Mastercard getting paid.. Is estimated at $ 1.2 billion Micahel Miebach will assume the role of Chief Executive of... As well as 2 additional people business Executive ajay banga salary Maharashtra in India compensation-like that. Compare wages, understand Labour Laws and spot career opportunities must disclose specific detailed information regarding the pay practices certain! Statements for Executive Base pay and bonus are filed yearly with the SEC in the workplace going... Illegal, '' Banga said more important but we note that the CEO is... Related to Mohinder s Banga and Sudev s Singh as well as 2 additional people Ajaypal Banga at is. Numbers reported do not include change in pension value and non-qualified deferred earnings. Compare wages, understand Labour Laws and spot career opportunities to Executive Chairman of the 's... 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Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Mr. Banga has been CEO since July 2010. FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security's Cybersecurity Summit in Manhattan, New York, U.S., July 31, 2018. Why you should listen. He is currently in the Top 10 list of highest paid Indian American CEOs. "Porn's not illegal," Banga said. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. As a part of the new appointment as president, Miebach has entered a compensation agreement that gives him an additional $750,000 to his annual base salary. In addition, he makes $23,250,000 as Chief Executive Officer at … Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajay Banga is Chairman at Mastercard Inc. See Ajay Banga's compensation, career history, education, & memberships. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance Ajay Banga: CEO Pay $23,249,977: Median Employee Pay $138,142: CEO Pay Ratio 168:1 Ajay Banga was raised in Khadki, Pune, Maharashtra in India. Ajay Banga is the chief executive officer and president of MasterCard Inc. Mastercard CEO Ajay Banga to step down in 2021; chief product officer Michael Miebach to take over Ajay Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor’s revenue triple during his tenure as online shopping gained prominence around the world. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Ajay Banga, Chief Executive Officer, received $20.4M in total, which increased by 9% compared to 2017. This information is according to proxy statements filed for the 2019 fiscal year. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. What is the salary of Ajaypal Banga? The second best result is Ajay Banga age 30s in Pittsburg, CA. Just before the start of our Convocation, here is a video of Mr. Ajay Banga, CEO MasterCard and an alumnus of IIMA! Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. DOW INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Mr. Likewise, Ajaypal owns over 252,600 units of MasterCard’s stock worth over $149,094,670. Of this total $1,250,000 was received as a salary, $5,664,063 was received as a bonus, $7,450,079 was received in stock options, $8,650,134 was awarded as stock and $235,701 came from other types of compensation. "It is certain kinds of porn that are illegal. Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. A few years ago, Ajay Banga, president and CEO of Mastercard, was searching for a concise way to describe his approach to community outreach and other social impact initiatives. Ajaypal Singh Banga Net worth & salary (approx) – $1.2 billion, makes app. Mr. Banga owns over 61,067 units of Mastercard stock worth over $132,461,934 and over the last 11 years he sold MA stock worth over $69,986,261. Banga is a firm believer of diversity in the workplace. Weekly : ₹ 2,83,08,279.27. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance How Does Ajay Banga's Compensation Compare With Similar Sized Companies? Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Monthly : ₹ 12,26,69,210.17. Ajaypal Singh Banga Net Worth. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure as online shopping gained prominence around the world. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. February 25, 2020. Mr. Banga owns over 81,533 units of Mastercard stock worth over $121,357,987 and over the last 11 years he sold MA stock worth over $69,986,261.

, Living and Working during the Coronavirus Pandemic, Survey on Living and Working in Canada during Coronavirus, Coronavirus Work & Life in Maps and Graphs - updated daily, Daily updated Maps on Living and Working during Coronavirus, Daily updated Graphs on Living and Working during Coronavirus. Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. Ajaypal Banga biography. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Ajay Banga is the chief executive officer and president of MasterCard Inc. His salary includes; $4.3 million as stock awards, $1 million as a base salary, $4.2 million in options, $2.5 million as a non-equity incentive plan compensation, and others. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. Ajaypal Banga biography. Check salary, income and/or net worth of Ajay Banga at Salary.lk Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. ap. He is currently in the Top 10 list of highest paid Indian American CEOs. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Mastercard CEO of a decade, Ajay Banga, will step down at the beginning of next year. Banga also received $2.1M in bonus, $1.9M in non-equity incentive plan, $2.2M in option awards, $850K in salary and $149.3K in other compensation. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The estimated net worth of Ajay Banga is at least $215 Million dollars as of 18 May 2020. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajay is related to Mohinder S Banga and Sudev S Singh as well as 2 additional people. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. Daily : ₹ 56,61,655.85. With his remarkable tenure as Mastercard CEO, Ajay Banga knows what he's talking about when it comes to driving growth. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. A website quoted that Banga’s salary included $1 million in salary, $4.3 million in stock awards, $4.2 million in options and $2.5 million in a non-equity incentive plan compensation along with other elements. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. There are no executives at Mastercard getting paid more. The current Chief Product Officer Michael Miebach will take over from Banga. Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Mr. Banga has been CEO since July 2010. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Most recently he exercised 61,067 units of MA stock worth $3,165,103 on 23 July 2020. Salary Ajay Banga. Mastercard said CEO Ajay Banga will step down at the beginning of next year on Tuesday and will be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. In the last ten years, he sold only stock worth over $69,9… We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Mastercard Inc income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. DOW INC annual reports of executive compensation and pay … Ajaypal Singh Banga serves as Chief Executive Officer of the Company. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Detailed information regarding the pay practices for certain executives, and more was $ 12.57 in... 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