Annual Base Salary Approval for Named Executive Officers of MasterCard Incorporated (2008)
MasterCard Incorporated's Board of Directors approved new annual base salaries for certain executive officers, effective March 1, 2008. The Human Resources and Compensation Committee set Robert W. Selander's base salary at $1,000,000 and Chris A. McWilton's at $550,000. This document formalizes the salary increases for these executives as disclosed in the company's recent SEC filings.
Exhibit 10.1
ANNUAL BASE SALARIES FOR CERTAIN NAMED EXECUTIVE OFFICERS OF
MASTERCARD INCORPORATED
As of March 1, 2008
On February 4, 2008, the Human Resources and Compensation Committee of the Board of Directors of MasterCard Incorporated (the “Company”) approved increases to the annual base salaries (effective as of March 1, 2008) of certain of its named executive officers. The following table sets forth the annual base salary levels for the following named executive officers of the Company disclosed in the Company’s most recent proxy statement filed with the Securities and Exchange Commission (on April 26, 2007):
| Name | Base Salary | ||
| Robert W. Selander | $ | 1,000,000 | |
| Chris A. McWilton | $ | 550,000 | |
