Ajaypal Singh Banga Net Worth. How Does Ajay Banga's Compensation Compare With Similar Sized Companies? You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Ajaypal Banga biography. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. He will also be receiving an equity grant with an estimated target value of $6.25 Mn. Of this total $1,250,000 was received as a salary, $5,664,063 was received as a bonus, $7,450,079 was received in stock options, $8,650,134 was awarded as stock and $235,701 came from other types of compensation. They have also lived in Pearland, TX and Antioch, CA. Mastercard CEO Ajay Banga explained in a new interview with The New York Times that the company's decision to cut ties with the popular pornography website Pornhub was a measure of legality rather than morality. This report is not for commercial use. Executive positions at Citigroup (1996-2009), including CEO, Asia Pacific region; Chairman and CEO, International Global Consumer Group; Executive Vice President, Global Consumer Group; President, Retail Banking, North America; and business head for CitiFinancial and the U.S. Consumer Assets … Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. Ajay Banga is Chairman at Mastercard Inc. See Ajay Banga's compensation, career history, education, & memberships. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. The estimated net worth of Ajay Banga is at least $215 Million dollars as of 18 May 2020. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Mr. Banga owns over 81,533 units of Mastercard stock worth over $121,357,987 and over the last 11 years he sold MA stock worth over $69,986,261. Why you should listen. Ajaypal has made over 10 trades of the Mastercard stock since 2013, according to the Form 4 filled with the SEC. Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities.
ap. Ajay Banga is executive chairman of the board of directors of Mastercard. Ruben Sprich/Reuters. Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor’s revenue triple during his tenure as online shopping gained prominence around the world. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Ajay Banga is the chief executive officer and president of MasterCard Inc. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. For its 2019 fiscal year, Mastercard Inc, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. With his remarkable tenure as Mastercard CEO, Ajay Banga knows what he's talking about when it comes to driving growth. Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. 33.12% of Banga's compensation, or $6.8M, was in stock awards.Banga also received $5.3M in non-equity incentive plan, $6.7M in option awards, $1.3M in salary, as well as $341.3K in other compensation. February 25, 2020. Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Coronavirus Tips – Working and Protection. His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. A website quoted that Banga’s salary included $1 million in salary, $4.3 million in stock awards, $4.2 million in options and $2.5 million in a non-equity incentive plan compensation along with other elements. Salary Ajay Banga. According to our data, Mastercard Incorporated has a market capitalization of US$304b, and paid its CEO total annual compensation worth US$20m over the year to December 2018. Mywage.ca is connected to the WageIndicator Network. He moved into this role following 11 years as the company’s president and chief executive officer. Ajay Banga is CEO of Mastercard and a member of its board of directors, and will become executive chairman of the board of directors in January 2021. MasterCard Inc. Chief Executive Ajay Banga was paid $15.5 million in 2015, up 16% from a year prior. You may also find the annual proxy statement by going directly to the company's website. The current Chairman Richard Haythornthwaite will retire from his role once Banga assumes his new role. Annual : ₹ 1,47,20,30,522.00. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk The President, Shri Pranab Mukherjee presenting the Padma Shri Award to Shri Ajaypal Singh Banga, at a … His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. What is the salary of Ajaypal Banga? Weekly : ₹ 2,83,08,279.27. Ajay Banga is the chief executive officer and president of MasterCard Inc. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. In the last ten years, he sold only stock worth over $69,9… Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security's Cybersecurity Summit in Manhattan, New York, U.S., July 31, 2018. Mastercard CEO Ajay Banga to step down in 2021; chief product officer Michael Miebach to take over Ajay Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor’s revenue triple during his tenure as online shopping gained prominence around the world. Banga is a firm believer of diversity in the workplace. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Ajay Banga: CEO Pay $23,249,977: Median Employee Pay $138,142: CEO Pay Ratio 168:1 DOW INC annual reports of executive compensation and pay … Executive positions at Citigroup (1996-2009), including CEO, Asia Pacific region; Chairman and CEO, International Global Consumer Group; Executive Vice President, Global Consumer Group; President, Retail Banking, North America; and business head for CitiFinancial and the U.S. Consumer Assets … Rankings In 2010 , Ajay Banga's compensation ranked 238th out of 10,438 executives tracked by ExecPay. CEO - Mastercard - United States; Born: 1960, India; Annual: R343 375 722,00; Monthly: R28 614 643,50; Weekly: R6 603 379,27; Daily: R1 320 675,85; Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Mastercard CEO of a decade, Ajay Banga, will step down at the beginning of next year. "Porn's not illegal," Banga said. What is the salary of Ajaypal Banga? We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. The current president and chief executive officer of MasterCard make a whopping $16.9 million a year. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. From 2010-2018, Banga realized $199,587,928 in total compensation. From 2010-2018, Banga realized $199,587,928 in total compensation. "It is certain kinds of porn that are illegal. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. On January 1, 2021, Micahel Miebach will assume the role of Chief Executive Officer. Banga, who took over the company shortly after the financial crisis of 2008-09, saw the payment processor’s revenue triple as online shopping gained prominence worldwide during his tenure. Select this result to view Ajay Banga's phone number, address, and more. Ajaypal Banga biography. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. Ajay Banga, MasterCard - Rs 5,200 crore. Check salary, income and/or net worth of Ajay Banga at Salary.lk His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. All proxy statements are public filings made available to the general public by the SEC. Simplywall.st Nov 2019: Mastercard Incorporated reported total annual CEO compensation of US$20m for the year to December 2018. Ajaypal Singh Banga Net worth Check how rich is Ajaypal Singh Banga in 2020? Mastercard announced the transition of President and CEO Ajay Banga to Executive Chairman of the Board, effective January 1, 2021. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. As a part of the new appointment as president, Miebach has entered a compensation agreement that gives him an additional $750,000 to his annual base salary. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page © WageIndicator 2021 - Mywage.ca -, Mr. Banga owns over 61,067 units of Mastercard stock worth over $132,461,934 and over the last 11 years he sold MA stock worth over $69,986,261. Monthly : ₹ 12,26,69,210.17. Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure as online shopping gained prominence around the world. Check salary, income and/or net worth of Ajay Banga at WageIndicator.co.uk
, Living and Working during the Coronavirus Pandemic, Survey on Living and Working in Canada during Coronavirus, Coronavirus Work & Life in Maps and Graphs - updated daily, Daily updated Maps on Living and Working during Coronavirus, Daily updated Graphs on Living and Working during Coronavirus. Mr. How Does Ajay Banga's Compensation Compare With Similar Sized Companies? This information is according to proxy statements filed for the 2019 fiscal year. Salary Ajay Banga. The current Chief Product Officer Michael Miebach will take over from Banga. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. DOW INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Thorough reviews have been conducted to assure this data accurately reflects disclosures. As the CEO and the President of MasterCard Incorporated, Ajaypal makes an enormous earning up to $ 16.9 million per year. There are no executives at Mastercard getting paid more. Most recently he exercised 61,067 units of MA stock worth $3,165,103 on 23 July 2020. The information shown here is a reporting of information included in the company's proxy statement. He is currently executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 until December 31, 2020. He is the son of Harbhajan Singh Banga, a retired army officer, and was brought up in a traditional family with his older brother Manvinder Singh Banga, who is also well known as CEO of equity fund Clayton Dubilier Rice. Daily : ₹ 56,61,655.85. Ajaypal Singh Banga (born November 1959) is an Indian-American business executive. Salary of Ajaypal Banga As the Chief Executive Officer of Mastercard, the total compensation of Ajaypal Banga at Mastercard is $23,250,000. Ajaypal Banga biography. There are no executives at Mastercard getting paid more. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Salary Ajay Banga. As Chief Executive Officer at Mastercard Inc, Ajay Banga made $23,249,977 in total compensation. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 3 Ajaypal Singh Banga. Ajaypal Singh Banga Net Worth $1.2 Billion. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1604915830963-0'); }); Likewise, Ajaypal owns over 252,600 units of MasterCard’s stock worth over $149,094,670. Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. Ajaypal Singh Banga Net worth & salary (approx) – $1.2 billion, makes app. We think total compensation is more important but we note that the CEO salary is lower, at US$1.3m. His nationality and ethnicity is Indian. Related Posts on Ajay Banga Ajay Banga's friends say that the brothers' upbringing in a Sikh family with an army background (their father is a retired lieutenant general) prepared them well. Mastercard Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents. He is currently in the Top 10 list of highest paid Indian American CEOs.