Mastercard Names Ed McLaughlin President of Operations and Technology
Mastercard today announced the appointment of Ed McLaughlin to president, Operations and Technology, effective May 1, 2017.
McLaughlin succeeds Rob Reeg, who will be moving to greener pastures with a consulting role reporting to Ajay Banga, president and CEO, and will help to ensure a smooth transition through October 1, 2017.
With his new role, McLaughlin will oversee all of Mastercard’s technology functions, including the global network, processing platforms, information security and technology operations.
Within the past year in and half, McLaughlin has served as the company’s chief information officer, directing the development efforts for products and services, implementing the IT digital roadmap, and maintaining the development of Mastercard’s global tech hubs.
“Ed’s experience and know-how across our portfolio, combined with an entrepreneurial mindset, made him the ideal choice to continue the growth and advancement of our technology operations,” said Banga. “He’s a proven entity to our teams, our customers and industry stakeholders. It’s this foundation of delivering meaningful products and the highest levels of security that will continue to differentiate us in this increasingly digital world.”
Back in 2010, McLaughlin was selected as chief emerging payments officer, leading the development and launch of the company’s digital strategy, partnerships and platforms, including Masterpass, Mastercard Send and Mastercard Digital Enablement System, the digital token program.
McLaughlin joined Mastercard all the way back in 2005 as head of bill payment and healthcare, and was named chief franchise development officer in 2008.
“It would be impossible to recount all of Rob’s many contributions and accomplishments over the past two decades,” said Banga. “He’s pushed us to be at the cutting edge of operational efficiency and accuracy. Rob brought that same passion and caring to our culture and our people, being a tireless advocate for diversity and inclusion initiatives. We wish Rob and his family every happiness in this next chapter.”