Ramón Martín joins Visa Inc. as Head of Merchant Sales and Solutions

March 13, 2014 at 6:00 AM EDT

FOSTER CITY, Calif.--(BUSINESS WIRE)--Mar. 13, 2014-- Visa Inc. (NYSE: V) today announced the appointment of Ramón Martín to the newly created position of Global Head of Merchant Sales and Solutions. In his role, Mr. Martín will be responsible for leading Visa’s global merchant strategy and integrating key functions to deliver customized products and services designed to help merchants achieve their business goals and advance Visa’s strong merchant and acquiring partnerships worldwide. Mr. Martín will report directly to Ryan McInerney, President, Visa Inc.

“Since Visa’s inception, the company’s success has been dependent on the strength of our client relationships,” said Charlie Scharf, CEO of Visa Inc. “Visa’s future will be defined by our ability to enhance our relationships with merchants with emphasis on delivering products and service that offer greater, tangible value to this critical client partner. Ramón’s 30 plus years of experience makes him ideally suited to transform Visa’s merchant offerings and further position Visa as a strategic partner among our merchant clients.”

Mr. Martín joins Visa from American Express Company, where he spent 16 years in various positions, including his most recent role as President of Merchant Services, Americas. Prior to Amex, Mr. Martín was a Commercial Director at DHL International in Spain and consultant at Alexander Proudfoot in both Spain and the United Kingdom. Mr. Martín completed an Industrial Engineering Degree at Universidad Politécnica de Madrid and an MBA at Instituto de Empresa Business School in Madrid, Spain. Mr. Martín also serves as a member of the Board of Directors for the National Retail Federation.

“Visa has an ambitious agenda for engaging merchants in new and innovative ways. I am impressed by the energy and talent of the team and the global focus of the work. I am eager to contribute to the development of merchant solutions and continuing to expand Visa’s payment leadership,” said Mr. Martín.

Also today, Visa announced that Elizabeth Buse has decided to retire after more than 16 years with the organization. Most recently, she has been leading the Global Solutions group.

“Throughout her career, Elizabeth has worked tirelessly to build a stronger, more effective and engaged Visa,” said Scharf. “I am thankful for the foundation she has created for us to work from and wish her well. “

About Visa

Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 47,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead of time with prepaid or pay later with credit products. For more information, visit corporate.visa.com and @VisaNews.

 

Source: Visa Inc.

Investor Relations:
Jack Carsky, 650-432-7644
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Victoria Hyde-Dunn, 650-432-7644
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