MasterCard marketing chief steps down after nine years

Alfredo Gangotena, MasterCard’s marketing chief has announced his intention to retire on 1 September.

Gangotena has spent nine years working on MasterCard’s marketing efforts, after joining the group in 2004.

Since becoming chief marketing officer in 2010, he has handled the company’s advertising, sponsorships, promotions, research and digital-marketing initiatives.

Tim Murphy, MasterCard's chief product officer, will take on the marketing responsibilities on an interim basis while the company searches for a new chief marketing officer.

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