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Ruben Sprich/Reuters. This information is according to proxy statements filed for the 2019 fiscal year. Banga, who took over the company shortly after the financial crisis of 2008-09, saw the payment processor’s revenue triple as online shopping gained prominence worldwide during his tenure. Ajaypal Banga biography. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. 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. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. 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. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. 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. How Does Ajay Banga's Compensation Compare With Similar Sized Companies? 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. 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. 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. The information shown here is a reporting of information included in the company's proxy statement. 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. Just before the start of our Convocation, here is a video of Mr. Ajay Banga, CEO MasterCard and an alumnus of IIMA! Check out our Digital Press Kit for more information on MasterCard's efforts to enhance Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. Ajaypal Banga biography. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. "Porn's not illegal," Banga said. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. 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. What is the salary of Ajaypal Banga?

Weekly : ₹ 2,83,08,279.27. 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. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. Ajay Banga is CEO of Mastercard and a member of its board of directors, and will become executive chairman of the board of directors in January 2021. From 2010-2018, Banga realized $199,587,928 in total compensation. MasterCard Inc. Chief Executive Ajay Banga was paid $15.5 million in 2015, up 16% from a year prior. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Likewise, Ajaypal owns over 252,600 units of MasterCard’s stock worth over $149,094,670. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Ajay Banga, Chief Executive Officer, received $20.4M in total, which increased by 9% compared to 2017. 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. As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. The estimated net worth of Ajay Banga is at least $215 Million dollars as of 18 May 2020. Select this result to view Ajay Banga's phone number, address, and more. Salary Ajay Banga. 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 out our Digital Press Kit for more information on MasterCard's efforts to enhance 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. What is the salary of Ajaypal Banga? We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Mr. Banga has been CEO since July 2010. Ajaypal Singh Banga Net worth & salary (approx) – $1.2 billion, makes app. Ajay Banga is the chief executive officer and president of MasterCard Inc. DOW INC annual reports of executive compensation and pay … February 25, 2020. 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. There are no executives at Mastercard getting paid more. 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. Ajay Banga is the chief executive officer and president of MasterCard Inc. Check salary, income and/or net worth of Ajay Banga at Salary.lk You may also find the annual proxy statement by going directly to the company's website. As the CEO and the President of MasterCard Incorporated, Ajaypal makes an enormous earning up to $ 16.9 million per year. 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. 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. Ajaypal Singh Banga Net Worth. They have also lived in Pearland, TX and Antioch, CA. 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. Annual : ₹ 1,47,20,30,522.00. In the last ten years, he sold only stock worth over $69,9… The President, Shri Pranab Mukherjee presenting the Padma Shri Award to Shri Ajaypal Singh Banga, at a … In addition, he makes $23,250,000 as Chief Executive Officer at … He is currently in the Top 10 list of highest paid Indian American CEOs. Ajaypal has made over 10 trades of the Mastercard stock since 2013, according to the Form 4 filled with the SEC. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, In addition, he makes $23,250,000 as CEO of Mastercard. 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. Ajay Banga is Chairman at Mastercard Inc. See Ajay Banga's compensation, career history, education, & memberships. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. 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'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. Ajay Banga: CEO Pay $23,249,977: Median Employee Pay $138,142: CEO Pay Ratio 168:1 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. He is currently in the Top 10 list of highest paid Indian American CEOs. Ajaypal Singh Banga Net Worth $1.2 Billion. Mr. Ajay Banga is at least $ 215 million dollars as of 23 July 2020 Mastercard reported... $ 20m for the year to December 2018 238th out of 10,438 executives ajay banga salary by ExecPay Pune... 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