Market Overview

Visa Names Ellen Richey Chief Legal Officer

Visa (NYSE: V) today announced the appointment of Ellen Richey as Executive Vice President and Chief Legal Officer.  Ms. Richey, who currently serves as Visa's Chief Risk Officer, will take responsibility of the Legal function as well as maintain oversight of Visa's compliance and audit teams.  Ms. Richey will continue to report directly to Charlie Scharf, CEO of Visa Inc.

"From the start of the search, we wanted to find a candidate who offered the right balance of legal expertise and leadership skills, and with an understanding of the complexities of payments," said Charlie Scharf, CEO of Visa Inc.  "I am pleased that the best candidate for the role of Chief Legal Officer has come from within Visa.  With her extensive legal experience, proven success at Visa and thorough knowledge of our opportunities and challenges, Ellen is the right leader to help us navigate through an increasingly complex legal world."

The company already has begun a search for a new Chief Risk Officer. In the interim period, Ms. Richey will oversee both the Legal and Risk functions.   Ms. Richey assumes the role following the departure of General Counsel Josh Floum, who has decided

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Posted-In: News Guidance Offerings Contracts Management Global

 

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