Mastercard Inc (NYSE:MA)
$ 453.06 3.69 (0.82%) Market Cap: 421.17 Bil Enterprise Value: 425.71 Bil PE Ratio: 36.01 PB Ratio: 58.23 GF Score: 97/100

Mastercard Inc at William Blair Growth Stock Conference Transcript

Jun 05, 2019 / 01:00PM GMT
Release Date Price: $256.26 (+2.84%)
Robert Paul Napoli
William Blair & Company L.L.C., Research Division - Partner and Co-Group Head of Financial Services & Technology

My name is Bob Napoli. I'd like to welcome everybody to William Blair's 39th Annual Growth Stock Conference, our first one here at the Loews Hotel. So they're all getting used to that. For a complete list of disclosures, please go to williamblair.com.

We're thrilled to have with us to kick off the conference, Mastercard's CFO, Sachin Mehra. Sachin is riding on a high of his own since becoming CFO a few months ago. Being a Virginia Darden's graduate, they won the lacrosse championship and, more importantly, the NCAA basketball championship, maybe more importantly. And then he also realized that since he became CFO, the stock has performed quite well and it's now up about 60-fold from its IPO price of $4 a share. So it's been pretty good.

Now Sachin has been with Mastercard since 2010 in various operating positions with the company, most recently running the B2B business, one of the more exciting places in the fintech space.

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