---
schema_version: "secwatch.filing_event.v1"
accession: "0001403161-23-000051"
form_type: "8-K"
ticker: "V"
cik: "0001403161"
company_name: "VISA INC."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:04:28.902432+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001403161-23-000051
- form_type: 8-K
- ticker: V
- cik: 0001403161
- company_name: VISA INC.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000051/0001403161-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000051/v-20230620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-23-000051
- JSON: https://secwatch.observer/filing/0001403161-23-000051.json
- Plain text: https://secwatch.observer/filing/0001403161-23-000051.txt

## Key facts
- Executive change
  Chris Suh was appointed as Executive Vice President, Chief Financial Officer at VISA INC..
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000051/0001403161-23-000051-index.htm
- Executive change
  Vasant Prabhu departed as Chief Financial Officer at VISA INC..
  - Action: departing
  - Role: Chief Financial Officer
  source text: Mr. Suh succeeds Vasant Prabhu, who is departing the Company on September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000051/0001403161-23-000051-index.htm

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