Visa appoints Chris Suh as CFO, effective August 1, 2023, succeeding Vasant Prabhu

VISA INC.

Chris Suh appointed EVP and CFO, starts July 10 as CFO Designate, assumes full CFO role August 1.
Suh previously CFO at Electronic Arts and CFO of Microsoft's Cloud+AI group for over 25 years.
Compensation: $900k base salary, 175% bonus target, $9M initial LTI award, $11M one-time equity, $3M cash.
Outgoing CFO Vasant Prabhu to depart Sept 30 after assisting transition period.
Suh reports to CEO Ryan McInerney, oversees financial strategy, planning, reporting, and investor relations.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Chris Suh

Executive Vice President, Chief Financial Officer

V · VISA INC.

Effective: 2023-08-01
Filed: June 20, 2023, 7:59 PM ET

On June 20, 2023, Visa Inc. (“Visa,” or the “Company”) announced that Chris Suh, 52, has been appointed to serve as Executive Vice President, Chief Financial Officer (“CFO”) of the Company, effective August 1, 2023.

Departed

Vasant Prabhu

Chief Financial Officer

V · VISA INC.

Effective: 2023-09-30
Successor: Chris Suh
Filed: June 20, 2023, 7:59 PM ET

Mr. Suh succeeds Vasant Prabhu, who is departing the Company on September 30, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Suh was appointed as Executive Vice President, Chief Financial Officer at VISA INC..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On June 20, 2023, Visa Inc. (“Visa,” or the “Company”) announced that Chris Suh, 52, has been appointed to serve as Executive Vice President, Chief Financial Officer (“CFO”) of the Company, effective August 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vasant Prabhu departed as Chief Financial Officer at VISA INC..

Action: departing
Role: Chief Financial Officer

Exact text from the filing

Mr. Suh succeeds Vasant Prabhu, who is departing the Company on September 30, 2023.

View on SEC.gov

VISA INC. filing history →

Source: SEC EDGAR

accession 0001403161-23-000051

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.