Ryan McInerney
Also at Visa Inc
About
Ryan McInerney is a seasoned leader in the financial services and payments industries, known for his strategic vision and operational expertise. He began his career at McKinsey & Company, developing significant experience in retail banking and payments, and later held multiple senior roles at JPMorgan Chase, where he led various product, marketing, and risk management initiatives.
Since joining Visa in May 2013 as President, he has played a pivotal role in guiding the company’s global expansion and innovation strategies, overseeing operations across more than 200 countries and territories. On February 1, 2023, he transitioned to the role of Chief Executive Officer, further solidifying his influence in steering Visa’s market leadership and driving advancements in mobile and digital payments.
Throughout his journey, his leadership has consistently reflected a deep commitment to operational excellence and strategic growth, making him a trusted figure in the industry. His diverse professional background and focused contributions continue to shape Visa’s trajectory, reinforcing its position as a leader in the global payments ecosystem.
$V Performance Under Ryan McInerney
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Visa | President | May 2013 – January 2023 | Oversaw global businesses, market teams, business units, product, merchant, and client services |
| JPMorgan Chase | Chief Executive Officer of Consumer Banking | 2010 – 2013 | Role ended as he transitioned to higher leadership |
| JPMorgan Chase | Chief Operating Officer for Home Lending | 2009 – 2010 | N/A |
| JPMorgan Chase | Chief Risk Officer for Consumer Businesses | 2008 – 2009 | N/A |
| JPMorgan Chase | Head of Product and Marketing for Consumer Banking | 2005 – 2008 | N/A |
| McKinsey & Company | Principal | 1997 – 2005 | Focused on retail banking and payments practices |
Fixed Compensation
| Component Name | Amount (USD) | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,455,587 | Annual | Base salary for 2024. |
| 401(k) Plan Match | $34,500 | Annual | Represents the maximum 401(k) match for calendar year 2024. |
| Car and Driver | $17,765 | Annual | Cost for personal use of company car and driver; includes incremental fuel cost and driver’s salary/benefits. |
| Aircraft Usage | $252,468 | Annual | Cost for personal use of company-provided aircraft; reimbursement required for use exceeding $250,000. |
| Other Contributions | $5,000 | Annual | Contributions under Visa’s PAC Charitable Matching Program. |
Performance Compensation
Performance Shares Compensation for 2024
| Metric Component | Threshold | Target | Maximum | Actual/Result |
|---|---|---|---|---|
| Primary Metric | $8.70 | $9.78 | $10.46 | Adjusted EPS-PS Result averaged at 161.4% of target |
| TSR Rank Modifier | 25th percentile (75% modifier) | 50th percentile (100% modifier) | 75th percentile (125% modifier) | 64th percentile (114% modifier) |
Final Payout
| Description | Value |
|---|---|
| Primary Metric Result | 161.4% of target |
| Modifier Applied | 114% |
| Final Payout (capped at 200% of target) | 184% of target |
Grant Details
| Detail | Value |
|---|---|
| Grant Date | November 19, 2023 |
| Grant Date Fair Value | $3,466,728 |
| Grant Date Stock Price | $249.56 per share |
| Shares Granted (Threshold) | 6,595 shares |
| Shares Granted (Target) | 13,190 shares |
| Shares Granted (Maximum) | 26,380 shares |
Vesting and Evaluation
| Aspect | Detail |
|---|---|
| Vesting Schedule | Vesting on November 30, 2026 for the first tranche |
| Performance Period | Fiscal years 2024, 2025, and 2026 |
| Conditions | Annual EPS performance for each year and TSR Rank modifier applied at period end |
This comprehensive explanation details the performance compensation components, required performance metrics, targets, thresholds, maximum caps, weights, vesting schedule, and evaluation period for Ryan McInerney's performance shares in 2024.