MasterCard IPO Delayed - CEO Letter To Shareholders
MasterCard has filed with the SEC a letter to MasterCard shareholders from Bob Selander, President and CEO.
In the letter he announced that, while the company was " on track to complete the transition to our new governance and ownership structure in the first quarter of 2006," he was recently diagnosed with prostate cancer and, as a result, the transition has been delayed until the second quarter of 2006. Selander reported that he underwent surgery for the cancer this week, that the operation was successful, and that he expects to be back in the office in early March.
Add your comment... (note that all comments are reviewed before they're published)