MasterCard Names Rob Reeg to Top Technology Post
MasterCard Worldwide has announced the appointment of Rob Reeg as President, MasterCard Global Technology and Operations, a position Mr. Reeg has held on an interim basis since January 2008. MasterCard Global Technology and Operations (GTO) has its headquarters outside St. Louis and operations around the world.
In announcing Mr. Reeg's appointment, Robert W. Selander, MasterCard President and CEO, said, "Rob Reeg is a valued long-time leader of MasterCard, and we are pleased to have Rob continue to direct our technology development and oversee the global MasterCard transaction processing network. Among other accomplishments, Rob has helped develop the company's processing platform and seamless global network -- a key competitive asset."
Mr. Reeg succeeds W. Roy Dunbar, who concluded his employment with MasterCard in January 2008 to become chief executive officer of a company outside the payments industry.
Mr. Reeg, 52, is a 13-year veteran of MasterCard. He was named MasterCard chief technology officer in 2005, and in that role he was responsible for computer operations, network engineering, technology architecture, database management, program management, information security and software testing and quality. Mr. Reeg led the company's core processing systems reengineering effort, resulting in the leading payments processing platform in the industry. Anchored by clearing, authorization and settlement systems, the platform greatly enhances business functionality for MasterCard's financial-institution customers while leveraging economies of scale.
Before joining MasterCard, Mr. Reeg held IT and business leadership positions at Sprint Corp., Cleveland Pneumatic, Totco, Inc. and Conoco, Inc.
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