Mastercard Appoints Jon Huntsman, Jr. as Vice Chairman and President, Strategic Growth
March 11 2024 - 9:15AM
Business Wire
Former U.S. Ambassador and Governor will drive
new business opportunities and partnerships to support inclusive,
sustainable, digital-driven economic growth
Mastercard today announced Jon Huntsman will join as Vice
Chairman and President, Strategic Growth, effective April 15. The
former U.S. Ambassador and Governor will lead efforts focused on
expanding commercial partnerships with governments and public
sector institutions along with driving the company’s inclusive
growth, philanthropy and sustainability agenda. He will report to
Michael Miebach, Mastercard’s Chief Executive Officer, and will be
part of the Executive Leadership Team.
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Jon Huntsman (Photo: Business Wire)
“Jon’s unique experience spanning four decades in public and
private sectors will be extremely valuable as we build the future
of Mastercard,” said Miebach. “He will play a pivotal role in
helping advance our approach to commercial sustainability through
social impact, consistent with our company’s core value of doing
well by doing good.”
Jon has served as U.S. Ambassador to Singapore, China, and
Russia under both Republican and Democratic administrations. He is
the only American to have been Chief of Mission in both China and
Russia. In a series of trade policy assignments, including as
Deputy U.S. Trade Representative, Jon negotiated dozens of trade
and investment agreements throughout Asia and Africa. Jon was also
twice elected Governor of Utah, where he served as Chairman of the
Western Governors Association.
Jon earlier served as an executive with Huntsman Corporation and
most recently as Vice Chairman of Ford Motor Company, where he
currently serves on the board of directors. He also serves on the
board of directors for Chevron. He is a trustee of the Huntsman
Foundation which has led the way in establishing the Huntsman
Cancer Institute along with the Huntsman Mental Health Institute,
both at the University of Utah. Jon is a graduate of the University
of Pennsylvania and has 10 honorary doctorate degrees.
“Mastercard has an extraordinary company culture that is driven
by a profound commitment to advancing inclusive, sustainable,
digital-driven economic growth throughout the world,” said Jon. “I
very much look forward to being part of this great team to further
scale new business opportunities and partnerships in support of the
company’s exciting strategic growth opportunities.”
Mastercard Strategic Growth is comprised of the company’s
philanthropic, ESG, localization and public sector partnerships
programs. This includes the Center for Inclusive Growth, which is
commemorating 10 years. The Center advances equitable and
sustainable economic growth and financial inclusion around the
world and administers the philanthropic Mastercard Impact Fund to
produce independent research, scalable global programs and an
empowered community of thinkers, leaders, and doers on the front
lines of inclusive growth.
About Mastercard (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry.
Our mission is to connect and power an inclusive, digital economy
that benefits everyone, everywhere by making transactions safe,
simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
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Seth Eisen, seth.eisen@mastercard.com, 914-249-3153
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