---
schema_version: "secwatch.filing_event.v1"
accession: "0001141391-25-000023"
form_type: "8-K"
ticker: "MA"
cik: "0001141391"
company_name: "Mastercard Inc"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:14:41.251856+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mastercard appoints Tim Murphy Vice Chair, Richard Verma as new CAO effective May 1

## Summary
- Tim Murphy, current Chief Administrative Officer, transitions to Vice Chair effective May 1, 2025.
- Richard Verma rejoins Mastercard as Chief Administrative Officer effective May 1, overseeing Law, Government Affairs & Policy, Franchise and other functions.
- Verma previously served as Mastercard Chief Legal Officer (2020-2023) and most recently as U.S. Deputy Secretary of State.
- Murphy, with Mastercard since 2000, led legal, product, and U.S. region; will oversee global regulator relationships.

## SEC filing metadata
- accession: 0001141391-25-000023
- form_type: 8-K
- ticker: MA
- cik: 0001141391
- company_name: Mastercard Inc
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141391/000114139125000023/0001141391-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141391/000114139125000023/ma-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001141391-25-000023
- JSON: https://secwatch.observer/filing/0001141391-25-000023.json
- Plain text: https://secwatch.observer/filing/0001141391-25-000023.txt

## Key facts
- Executive change
  Timothy Murphy changed role as Vice Chair at Mastercard Inc.
  - Action: transition
  - Role: Vice Chair
  source text: On February 26, 2025, Mastercard Incorporated (“Mastercard” or the “Company”) announced that Timothy Murphy, 57, a Named Executive Officer and the Company’s Chief Administrative Officer, will transition from his current role to the role of Vice Chair, effective May 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141391/000114139125000023/0001141391-25-000023-index.htm
- Executive change
  Richard Verma was appointed as Chief Administrative Officer at Mastercard Inc.
  - Action: re-join and succeed
  - Role: Chief Administrative Officer
  source text: The Company also announced that effective May 1, 2025, Richard Verma will re-join Mastercard and succeed Mr. Murphy as Chief Administrative Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141391/000114139125000023/0001141391-25-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.