Visa (V) Names Bill Sheedy President, North America

September 3, 2008 2:19 PM EDT

Visa Inc. (NYSE: V) announced the appointment of Bill Sheedy as President, North America.

In his new role, Sheedy will oversee Visa Inc.'s relationships with card issuers, merchants, merchant acquirers and third-party processors in the United States and Canada. He will report to Hans Morris, President of Visa Inc.

"In his more than 15 years at Visa, Bill has demonstrated tremendous passion for our business and our clients," said Joe Saunders, Chairman and CEO of Visa Inc. "Bill brings the ideal blend of payments expertise, strong client relationships and management skills required to grow Visa's leadership position in North America to the benefit of our clients and shareholders."

Visa Inc. operates the world's largest retail electronic payments network providing processing services and payment product platforms.


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