Chris Thom, Chief Risk Officer, MasterCard To Retire
MasterCard has announced that Chris Thom, Chief Risk Officer, will retire from the company in October of 2006. The company said that a successor to Thom will be announced shortly.
"Throughout his 11 years with MasterCard, Chris has made significant contributions to the organization and the strategic value of the risk management function," said Robert Selander, President and Chief Executive Officer, MasterCard Inc. "We wish him the best as he begins this new chapter in his life."Serving as Chief Risk Officer, Thom has overseen the Risk Management Group's enterprise-wide risk management practices. Under his leadership, the group has been effective in reducing and preventing fraudulent use of MasterCard products, as well as expanding and enforcing compliance activities. Thom also chaired the MasterCard International Operations Committee and International Security Committee. Prior to his current position, he oversaw the former Global Development unit.
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