What are the requirements for compensation?
A publicly-traded company is only required to disclose information concerning the amount and type of compensation paid to its CEO, CFO, and the three other most highly compensated executive officers in a given year. Information about compensation for these individuals may be unavailable in prior years if they were not in their current roles or did not qualify as among the most highly compensated officers at the time.
Who is John Morris’ current employer?
Visa, Inc., is a Delaware Corporation. The Company is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. It owns, manages and promotes a portfolio of well-known, widely-accepted payment brands, including Visa, Visa Electron, PLUS and Interlink, which it licenses to its clients for use in their payment programs. It offers branded payments product platforms, which its clients, mainly financial institutions, use to develop and offer credit, debit, prepaid and cash access programs as well as digital, mobile and eCommerce platforms for customers including individuals, businesses and government entities. It provides transaction processing and value-added services to its clients through VisaNet, Visa Debit Processing Services, Visa Processing Services, CyberSource, PlatSpan and Fundamo. It promotes and enforces a common set of operating regulations adhered to by its clients to ensure the efficient and secure functioning of its payments network and the maintenance and promotion of its brands. It operates an open-loop payments network, a multi-party system in which the Company connects financial institutions, or issuers, that issue cards to cardholders, and acquiring financial institutions, or acquirers, that have the banking relationship with merchants, and manage the exchange of information and value between them. It is subject to regulation of the payments industry in many countries in which its cards are used.