Mastercard Inc 8-K
Research Summary
AI-generated summary
Mastercard Inc. Announces Pay Increases for CFO and Chief Services Officer
What Happened
- Mastercard filed a Form 8‑K (Item 5.02) reporting that its Human Resources and Compensation Committee approved pay adjustments on February 2, 2026, effective March 1, 2026.
- The changes raise base salaries and increase 2026 target annual incentive bonus opportunities for Named Executive Officers Sachin Mehra (CFO) and Craig Vosburg (Chief Services Officer).
Key Details
- Sachin Mehra (CFO): base salary raised from $825,000 to $875,000; 2026 target annual incentive increased from 150% to 175% of base salary (calculated on the new base).
- Craig Vosburg (Chief Services Officer): base salary raised from $800,000 to $825,000; 2026 target annual incentive increased from 135% to 150% of base salary (calculated on the new base).
- Committee approval date: February 2, 2026; effective date: March 1, 2026.
Why It Matters
- These adjustments change the mix of fixed pay and incentive opportunity for two senior executives, increasing their potential performance-based compensation for 2026.
- For investors, the filing signals compensation policy decisions by Mastercard’s board committee but does not disclose a broader financial impact or changes to company guidance.