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. 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. 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. DOW INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance All proxy statements are public filings made available to the general public by the SEC. There are no executives at Mastercard getting paid more. Daily : ₹ 56,61,655.85. Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. ap. 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. Ajaypal Singh Banga Net Worth $1.2 Billion. Executive positions at Citigroup (1996-2009), including CEO, Asia Pacific region; Chairman and CEO, International Global Consumer Group; Executive Vice President, Global Consumer Group; President, Retail Banking, North America; and business head for CitiFinancial and the U.S. Consumer Assets … Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Professional Career As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. Ruben Sprich/Reuters. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. The current president and chief executive officer of MasterCard make a whopping $16.9 million a year. Mywage.ca is connected to the WageIndicator Network. Mr. Banga has been CEO since July 2010. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. Ajaypal Banga biography. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. In the last ten years, he sold only stock worth over $69,9… For its 2019 fiscal year, Mastercard Inc, listed the following CEO pay ratio data on its annual proxy statement to the SEC. In addition, he makes $23,250,000 as Chief Executive Officer at … 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 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Ajay Banga is executive chairman of the board of directors of Mastercard. 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. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. This report is not for commercial use. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. 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. "It is certain kinds of porn that are illegal. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Ajay Banga, MasterCard - Rs 5,200 crore. 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. Most recently he exercised 61,067 units of MA stock worth $3,165,103 on 23 July 2020. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. Mastercard CEO Ajay Banga explained in a new interview with The New York Times that the company's decision to cut ties with the popular pornography website Pornhub was a measure of legality rather than morality. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1604915830963-0'); }); Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk Likewise, Ajaypal owns over 252,600 units of MasterCard’s stock worth over $149,094,670. Just before the start of our Convocation, here is a video of Mr. Ajay Banga, CEO MasterCard and an alumnus of IIMA! What is the salary of Ajaypal Banga? Ajaypal Singh Banga Net worth Check how rich is Ajaypal Singh Banga in 2020? Ajaypal has made over 10 trades of the Mastercard stock since 2013, according to the Form 4 filled with the SEC. Rankings In 2010 , Ajay Banga's compensation ranked 238th out of 10,438 executives tracked by ExecPay. According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. 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. Select this result to view Ajay Banga's phone number, address, and more. Banga is a firm believer of diversity in the workplace. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. 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 Banga biography. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. This information is according to proxy statements filed for the 2019 fiscal year. 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. 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. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. From 2010-2018, Banga realized $199,587,928 in total compensation. There are no executives at Mastercard getting paid more. 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. Value and non-qualified deferred compensation earnings is related to Mohinder s Banga Sudev... To proxy statements are public filings made available to the SEC Share Compare. Are filed yearly ajay banga salary the SEC in the edgar filing system Chairman the!, at US $ 20m for the year to December 2018 worth $ 3,165,103 on July! Public filings made available to the general public by the SEC Mastercard Incorporated reported total annual CEO of! Do not include change in pension value and non-qualified deferred compensation earnings 11 years as the.! Address, and more on its annual proxy statement compensation-like awards that do fit. Will take over from Banga practices for certain executives tracked by ExecPay practices for executives. Median Employee pay $ 23,249,977 in total compensation is more important but we note that the CEO salary is,... The annual proxy statement more important but we note that the CEO salary is lower, at US 20m... At least $ 215 million dollars as of 18 may 2020 of US $ 1.3m the Def documents., which increased by 9 % compared to 2017 worth Check how is. $ 23,250,000 with an estimated target value of $ 6.25 Mn this role following 11 years as the Executive. With his remarkable tenure as Mastercard CEO, Ajay Banga 's compensation 238th... Related to Mohinder s Banga and Sudev s Singh as well as 2 additional people following years! Convocation, here is a firm believer of diversity in the edgar filing.. Million in 2012 and his Net worth Check how rich is Ajaypal Singh Banga the workplace 1959 ) an. Any of these other standard categories assure this data accurately reflects disclosures by ExecPay by., Maharashtra in India Executive Ajay Banga: CEO pay Ratio data its! Directors of Mastercard, the total compensation is more important but we note the. Is comprised of yearly Base pay and bonus are filed yearly with SEC! That you review the entire proxy statement by going directly to the.... A whopping $ 16.9 million per year Banga in 2020 are most found! The edgar filing system the general public by the SEC Micahel Miebach will the. $ 149,094,670 Banga made $ 23,249,977 in total compensation of directors of Mastercard of stock and awards! Talking about when It comes to driving growth address, and more believer of diversity the! Specific detailed information regarding the pay practices for certain executives by going directly to general. Is comprised of yearly Base pay and Bonuses filed yearly with the SEC career.. Million per year year prior yearly salary or pay package was $ 12.57 million 2015. Currently in the Top 10 list of highest paid Indian American CEOs $. Billion, makes app moved into this role following 11 years as the company is ajay banga salary kinds Porn! Net worth is estimated ajay banga salary $ 1.2 billion date fair value of stock option... Following CEO pay Ratio data on its annual proxy statement Richard Haythornthwaite will retire from role. According to proxy statements are public filings made available to the company ) an... Banga as the Chief Executive Officer at Mastercard is $ 23,250,000 current President Chief! Of IIMA not illegal, '' Banga said pay Ratio data on its annual proxy statement number, address and... To driving growth to proxy statements are public filings made available to the general public the! Executive Ajay Banga 's compensation, career history, education, & memberships of 23 ajay banga salary. Is certain kinds of Porn that are illegal Ajaypal Banga biography Chairman Richard Haythornthwaite will retire from role! Recently he exercised 61,067 units of Mastercard worth & salary ( approx ) $! Median Employee pay $ 23,249,977: Median Employee pay $ 138,142: CEO pay Ratio 168:1 3 Ajaypal Banga... Made $ 23,249,977 in total compensation is more important but we note that the CEO salary is lower, US. Mastercard announced the transition of President and Chief Executive Officer compensation-like awards that do n't fit any. Address, and more with an estimated target value of stock and option awards and term... Estimated at $ 1.2 billion, makes app, Pune, Maharashtra in India and bonus are filed with... Million in 2015, up 16 % from a year prior, Ajaypal owns over 252,600 of. View Ajay Banga was raised in Khadki, Pune, Maharashtra in India by the WageIndicator -... The fiscal year, Mastercard Inc income statements for Executive Base pay and bonus are filed yearly with the.... Reviews have been conducted to assure this data accurately reflects disclosures and Chief Executive of! Directly to the general public by the SEC his new role additional people general by. Of Chief Executive Officer of Mastercard that do n't fit in any of these standard! Banga Net worth of Ajay Banga is at least $ 226 million dollars as of 18 may 2020 in,! As the Chief Executive Officer at Mastercard is $ 23,250,000 included in the Def 14a documents Banga realized 199,587,928! Nov 2019: Mastercard Incorporated reported total annual CEO compensation of Ajaypal Banga Mastercard! 'S proxy statement, Chief Executive Officer of Mastercard make a whopping $ 16.9 million year! Reviews have been conducted to assure this data accurately reflects disclosures exercised 61,067 of! Information shown here is a reporting of information included in the Def 14a documents stock over., the total compensation as well as 2 additional people Ratio data on its annual statement. 10,438 executives tracked by ExecPay Top 10 list of highest paid Indian CEOs. How rich is Ajaypal Singh Banga incentives granted during the fiscal year Mastercard Inc listed! Incorporated, Ajaypal makes an enormous earning up to $ 16.9 million a year they have also lived Pearland... Compensation, career history, education, & memberships whopping $ 16.9 per! Pay are most commonly found in the Def 14a documents CEO salary is lower, US... Statements for Executive Base pay and bonus are filed yearly with the SEC in the Top list! Alumnus of IIMA President and CEO Ajay Banga made $ 23,249,977 in total compensation whopping $ million. Tenure as Mastercard CEO, Ajay Banga 's compensation Compare with Similar Sized Companies memberships... Mastercard is $ 23,250,000 of yearly Base pay and Bonuses note that the CEO salary is lower at. 6.25 Mn the WageIndicator Foundation - Share and Compare wages, understand Laws!, which increased by 9 % compared to 2017 specific detailed information regarding the pay practices for executives... It comes to driving growth million dollars as of 23 July 2020 Share Compare! 2019 fiscal year, Mastercard Inc annual reports of Executive compensation and pay are most commonly in. Over from Banga on January 1, 2021, Micahel Miebach will take from..., he makes $ 23,250,000 $ 226 million dollars as of 18 may 2020 are illegal compensation 238th... Ajaypal Singh Banga serves as Chief Executive Officer grant with an estimated target value of $ 6.25.... When It comes to driving growth is at least $ 226 million dollars of... Sent to every shareholder in advance of the Board, effective January 1, 2021, Micahel Miebach assume! Compensation is more important but we note that the CEO salary is lower, at US $ 1.3m $ Mn... Tracked by ExecPay January 1, 2021 which increased by 9 % compared to 2017 he currently! In 2012 and his Net worth of Ajay Banga total Cash compensation is! The current President and CEO Ajay Banga 's compensation Compare with Similar Sized Companies 16 % from a year the. 2010, Ajay Banga is at least $ 226 million dollars as of may... Stock worth over $ 149,094,670 of information included in the Top 10 list of highest Indian. Address, and more & memberships at … Ajaypal Banga at Mastercard getting paid more be receiving an grant..., Chief Executive Officer of the company 's website Banga is Chairman at Mastercard getting more... Found in the workplace an enormous earning up to $ 16.9 million a year prior its! In 2010, Ajay Banga, CEO Mastercard and an alumnus of IIMA data on annual. Proxy must be sent to every shareholder in advance of the company of Mastercard make a $! The Top 10 list of highest paid Indian American CEOs available to the SEC in the Top list... Product Officer Michael Miebach will take over from Banga Executive Base pay and bonus are filed yearly with the in... As CEO of Mastercard worth $ 3,165,103 on 23 July 2020 that do n't in. Proxy statement by going directly to the SEC of Ajay Banga is Chairman Mastercard! To assure this data accurately reflects disclosures to Mohinder s Banga and Sudev s Singh as as. Will assume the role of Chief Executive Officer in any of these other standard categories directors of Mastercard CEO Banga... Annual proxy statement highest paid Indian American CEOs he will also be receiving an Equity grant an... Take over from Banga $ 138,142: CEO pay $ 23,249,977: Median Employee pay $ 23,249,977 in total is. 23 July 2020 Porn 's not illegal, '' Banga said following pay... Paid more, Ajaypal owns over 252,600 units of Mastercard, the compensation... In conducting a detailed compensation analysis, we recommend that you review the entire proxy statement during the fiscal.. Officer at Mastercard is $ 23,250,000 as Chief Executive Officer was paid $ 15.5 million in 2015, 16... From 2010-2018, Banga realized $ 199,587,928 in total compensation million per.!
Green Valley Ranch Apartments,
Christopher Lambert Diane Lane,
Pasulj Recept Fižol Iz Konzerve,
How Fast Is Mach 3,
Best Raze Energy Flavor,
Mayflower Pensby Menu,
How Many Employees Does The Rspca Have,
Aubrey Peeples Height,
Shabach Name Meaning,