Mastercard today appointed Craig Vosburg as chief product officer and named Linda Kirkpatrick to succeed him as president, North America. Both positions are effective January 1, 2021.

As chief product officer, Mr Vosburg will lead a newly integrated products and engineering organization for the company. This includes all areas that are integral to growing Mastercard’s business and executing on opportunities in multi-rail, digital and B2B payments.

These teams, including those added through the acquisitions of Vocalink, Transfast, Transactis and Finicity and the anticipated close of the Nets Corporate Services transaction in early 2021, will have a singular focus on serving Mastercard customers with end-to-end accountability for developing and delivering the products they need.

Mr Vosburg originally joined Mastercard in 2006 as head of Mastercard Advisors in Southeast Asia, Greater China, and South Asia/Middle East/Africa. In 2008, he was named managing director of the Mastercard Advisors business in the U.S. and Canada. In 2010, Mr Vosburg was named group executive, U.S. Market Development, responsible for managing and building relationships within the merchant and acquiring community.

Earlier in his career, he was a senior member of the Financial Services practices with Bain & Company and A.T. Kearney, and was a vice president at CoreStates Financial Corporation.

Craig Vosburg is a past David Rockefeller Fellow at the Partnership for New York City and currently sits on the Board of Directors of the New York Botanical Garden and Sultana Education Foundation.

He holds a Master of Business Administration from The Wharton School at the University of Pennsylvania and a Bachelor of Science in Business Administration from Bucknell University.