Mastercards published big news to its users a few months ago. They have hired the new Mastercard Names Devin Corr as head of Investor Relations. Devin already took the command on May 1, 2023. Now, he is the head of investor relations at Mastercards.
Table of Contents
Mastercard Names Devin Corr as head of Investor Relations, Let’s discuss the matter
Mastercard is the popular world giant in payment solutions and has revealed a shocking revelation. Devin Corr has been appointed Executive Vice President of Investor Relations. He already joined the company on May 1.
Devin Corr is a finance expert who currently leads as a Chief Financial Officer for Mastercard. Now, Devin handles all the investor relations of Mastercard. He will also be responsible for engaging the investment communities.
Devin currently works in New York and is responsible for directly reporting to Mastercard’s Chief Financial Officer Sachin Mehra. Corr has more than 20 years of experience in financials and in leadership rules. Before joining Mastercards, he worked as a Chief Financial Officer at Hanesbrands Inc.
Devin Corr also got a degree in Economics from the University of Notre Dame. Additionally, he also has the degree of MBA from the University of Michigan. Overall, Corr is an experienced and talented person, and that’s why a company like Mastercard appointed him.
A Brief Overview of Devin Corr
Currently, Devin Corr plays the role of investor relations head at Mastercard. As the investor relations team head, he communicates with investors and manages the company’s investor relations activities. Corr is an experienced man and already worked with many big companies. Before joining Mastercard, he worked as a managing director at J.P. Morgan. He also worked at Goldman Sachs and Morgan Stanley.
Mastercard Names Devin Corr as Head of Investor Relations | Picture
New Head of Investor Relations at MasterCard
A few months ago, Mastercard announced that they would hire Devin Corr as the new Head of Investor Relations. So, Devin plays the role of leading the company’s Investor Relations team. Additionally, he provides investors with information about the company’s performance and strategy.
Devin Corr has a vast 20 years of experience in Investor Relations, and that’s why the company hire him. Recently, he also worked as a head of Investor Relations at American Express. Additionally, Devin also worked in some famous companies like Merrill Lynch, JPMorgan, and Goldman Sachs.
Chief Marketing and Communications Officer of Mastercard Raja Rajamannar said, “With Devin’s proven track record in Investor Relations and capital markets, we are excited to have him on board.” Additionally, he said, “ He will be an invaluable asset as we continue to drive value for our shareholders by combining his expertise on the financial markets with his ability to tell our story.”
Corr also said that, “ Mastercard is such a world-class company that I am honored to join it.” Additionally, he said, “ I am looking forward to continuing to communicate the company’s strong growth story to investors.”
New role at Mastercard for Devin Corr
The company announced that Devin Corr would be the new head of investor relations. Before him, Mike Cahill was the head of investor relations. However, Mike retired from the company after a successful career of more than 20 years.
In fact, Corr did not directly appoint as a head of investor relations. He has been working with the company since 2013. Recently, he worked with the company as a head of corporate finance. But, in his promotion, he plays as head and leads the investor relations strategy and activities team.
Mastercard CEO Ajay Banga said, “As a strategic thinker in the payments sector, Devin has a deep understanding of our business.” Additionally, he said, “ I am confident he will be a great addition to our leadership team as he is a proven leader who has built strong relationships with our investors.”
Devin Corr also has 15 years of experience in the financial services field, making a perfect choice for his new promotion. Before joining Mastercard, he worked at JPMorgan and played different roles, including head of corporate finance for the North American region.
Investor Relations Head Devin Corr appointed by MasterCard
On July 25, 2023, the Mastrcards company published that they will promote Devin Corr as the new Head of Investor Relations. In this position, Corr will be head of the company’s investor relations strategy and projects. Devin Corr is responsible to report Mastercard’s Chief Financial Officer, Craig Vosburg.
Before joining Mastercard, Devin worked as a Vice President of Investor Relations at American Express. In this job, he led Amex’s global investor relations strategy team. Instead of American Express, Corr also worked in the department of investment banking of Goldman Sachs.
Devin’s New Role: What will he do?
In his new role, his first priority will be building a powerful relationship with the company investors. With his team, he makes sure that investors remain happy with the company’s progress. The team also informed all the vital information to investors. Aside from providing valuable feedback to management and the board, he will also provide insight into what the market thinks about Mastercard.
However, Corr’s journey to the head of the investor management team is very existing. As we mentioned, he joined the company in 2013. In all these years, he performed different roles in the finance department. With Mastercard, he worked in different roles, including managing consumer products in the UK, Ireland, Nordics, and Baltics.
Relationship building with Super Investors
Devin Corr is about to take on a new role that’ll be as impressive as saving the world from financial disaster. As an executive vice president of investor relations at Mastercard, Devin Corr is ready to make some serious and excellent relationships with the super investors.
Educating and Updating Investors
Devin is an experienced person, and he knows how to manage company investors. His experience shows that he is a genius in finance. He will educate and update the investors about the main things of Mastercard.
Unveiling Market Views
Instead of educating investors, he will also give valuable and legitimate feedback to the board members. But how? Simple, he analyzes how the market feels about Mastercard. The report acts like a crystal ball, but instead of predicting the future, it gives you an insight into what the market thinks.
Creating a financial alliance
Devin knew that individually, he couldn’t fly. So, he will work with some high-rated finance groups. In these groups, different experts include such as the management committee, the corporate controller, and the corporate secretary. Their combined efforts will provide essential information to all stakeholders.
Mastercard is one of the biggest and most popular payment solution companies in the world and worked for years. They always hire a person that completes their requirements for a specific job. Devin Corr is an experienced person, and with their expertise, the company will be able to strengthen its relationship with shareholders and the broader investment community.
However, Mastercard’s Chief Financial Officer, Sachin Mehra, said that Devin’s new position is something he can’t wait for. Additionally, he said that, In addition to bringing a unique perspective, Devin is a valuable asset.