Kelly Mahon Tullier to Join as Executive Vice President and Deputy
General Counsel in June — Transition to General Counsel October 1; Ellen
Richey to Become Vice Chairman October 1
FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 10, 2014--
Visa Inc. (NYSE: V) today announced that Kelly Mahon Tullier will join
the company as Executive Vice President and Deputy General Counsel,
effective June 16. She will also serve as a member of the company’s
Executive Committee. Ms. Tullier will transition to the role of
Executive Vice President and General Counsel on October 1, 2014. She
joins Visa from PepsiCo, Inc., where she was the Senior Vice President
and Deputy General Counsel.
Ellen Richey, Chief Legal Officer, Chief Risk Officer, and member of the
Executive Committee will continue in those roles through September 30,
when she will become Vice Chairman – Risk and Public Policy. The Chief
Risk Officer and the Chief Audit Executive will report directly to Ms.
Richey. Ms. Richey will also lead a newly created function responsible
for Public Policy at Visa, which will include ensuring that Visa
continues to drive the future of payment security, being our voice with
legislators, regulators and clients globally regarding payment system
security, and other similar initiatives combining business and policy
issues of strategic importance to Visa. She will also be responsible for
coordinating global crisis management at the executive level.
“We are thrilled to have Kelly join the Visa team and to create the
opportunity for Ellen to guide us through this critical time in the
evolution of the payment system,” said Charlie Scharf, Visa’s CEO.
“Kelly’s extensive global and broad leadership experience will be a
great complement to our outstanding legal team.”
“I have extraordinary respect for Ellen,” Charlie added. “She has helped
Visa navigate through many complex issues in her Legal and Risk roles.
Her deep expertise and judgment, both at Visa and elsewhere, are
invaluable and make her the ideal person to lead global risk management
and help us further develop our public policy strategies.”
Ms. Tullier has been the PepsiCo, Inc. Senior Vice President and Deputy
General Counsel, managing the global legal teams supporting the
businesses around the world, and centralized teams responsible for
mergers and acquisitions, intellectual property, regulatory, litigation,
environmental, and procurement legal work. Prior to that role, she was
Senior Vice President and General Counsel for PepsiCo’s Asia, Middle
East & Africa Sector, based in Dubai, where she managed legal issues in
over 70 countries, including the important growth markets of China and
India. Prior to that, she was Vice President and General Counsel at
Frito-Lay, Inc., with responsibility for a wide range of legal, policy
and compliance issues. Earlier in her career, she was an associate at
Baker Botts LLP. Ms. Tullier received a B.A. from Louisiana State
University and her J.D., magna cum laude, from Cornell Law
School. She also served as law clerk to the Honorable Sidney A.
Fitzwater, U.S. District Court, Northern District of Texas.
Prior to joining Visa Inc., Ms. Richey worked at Washington Mutual Inc.
as Senior Vice President of Enterprise Risk Management and Executive
Vice President of Cards Services, from October 2005 to June 2006. Before
that, she served as Vice Chairman of Providian Financial Corporation,
where she had responsibility for enterprise risk management, legal and
regulatory affairs, corporate governance and corporate relations, as
well as the compliance and audit functions of the company. Earlier in
her career, Ms. Richey was a Partner in the San Francisco law firm
Farella, Brown & Martel, where she specialized in corporate, real estate
and financial institution matters. Ms. Richey received a B.A. in
Linguistics and Far Eastern languages from Harvard University and a J.D.
from Stanford Law School. She also served as a law clerk for Judge
Charles B. Renfrew of the U.S. District Court for the Northern District
of California and for Associate Justice Lewis F. Powell, Jr., of the
United States Supreme Court.
About Visa Inc.: Visa is a global payments technology company
that connects consumers, businesses, financial institutions, and
governments in more than 200 countries and territories to fast, secure
and reliable electronic payments. We operate one of the world’s most
advanced processing networks — VisaNet — that is capable of handling
more than 30,000 transaction messages a second, with fraud protection
for consumers and assured payment for merchants. Visa is not a bank and
does not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit corporate.visa.com.
Source: Visa Inc.
Rosetta Jones, +1 704-444-3815