---
schema_version: "secwatch.filing_event.v1"
accession: "0001403161-23-000087"
form_type: "8-K"
ticker: "V"
cik: "0001403161"
company_name: "VISA INC."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:46:33.772839+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alfred F. Kelly Jr. to retire as Visa Executive Chairman on Jan 23, 2024; Lundgren to succeed

## Summary
- Alfred F. Kelly Jr. will retire as Executive Chairman and Board member on January 23, 2024; will serve as Senior Advisor until February 15, 2024.
- John F. Lundgren, current Lead Independent Director, to become Chair of the Board effective January 23, 2024, subject to re-election at the annual meeting.
- Kelly served as Chairman since 2019 and CEO from 2016 to February 2023; first elected to Board in 2014.

## SEC filing metadata
- accession: 0001403161-23-000087
- form_type: 8-K
- ticker: V
- cik: 0001403161
- company_name: VISA INC.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000087/0001403161-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000087/v-20231016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-23-000087
- JSON: https://secwatch.observer/filing/0001403161-23-000087.json
- Plain text: https://secwatch.observer/filing/0001403161-23-000087.txt

## Key facts
- Executive change
  John F. Lundgren was elected as Chair of the Board at VISA INC..
  - Action: elected
  - Role: Chair of the Board
  source text: the Board elected John F. Lundgren, Visa’s current Lead Independent Director, to serve as Chair of the Board, effective January 23, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000087/0001403161-23-000087-index.htm
- Executive change
  Alfred F. Kelly, Jr. departed as Executive Chairman at VISA INC..
  - Action: retire
  - Role: Executive Chairman
  source text: Alfred F. Kelly, Jr., Executive Chairman of Visa Inc. (“Visa”) informed the Nominating and Governance Committee of the Board of Directors ("Board") of his intention not to stand for re-election and to retire as Executive Chairman and as a member of the Board on January 23, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000087/0001403161-23-000087-index.htm

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