Joseph Saunders (chief executive)

Last updated

Joseph W. Saunders (born c. 1945) is the executive chairman and former CEO of the multibillion-dollar global payments technology company Visa Inc., appointed in 2007. [1]

Contents

Early life

He graduated as a brother of Lambda Chi Alpha from the University of Denver where he acquired a B.S. in business administration and an MBA.

Career

Saunders was president and CEO of Providian from November 2001, and chairman of the board from May 2002 until 2005.

He served as president of card services for Washington Mutual, Inc. after acquiring Providian Financial Corporation in October 2005. until Washington Mutual’s Purchasing of Providian in 2005. From 1997 until 2001, Saunders served as chairman and CEO of Fleet Credit Card Services. After leaving Visa, he became the head of Green Visor Capital, a new fintech venture capital fund. [2]

Saunders served as a member of the board of Visa USA from October 2002 to February 2007 and as a member of the board for Visa International from October 2005 to February 2007.

Philanthropy

He served as chairman of the board for Teach For All beginning in September 2009.

Saunders and his wife Sharon donated $5 million to the University of Denver in 2018 to establish the Saunders Leadership Academy. [3]

Related Research Articles

<span class="mw-page-title-main">Canadian Imperial Bank of Commerce</span> Canadian banking institution

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, in the largest merger between chartered banks in Canadian history. It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank.

<span class="mw-page-title-main">U.S. Bancorp</span> American bank holding company

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States. It is ranked 117th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.

<span class="mw-page-title-main">Laurentian Bank of Canada</span> Canadian bank

The Laurentian Bank of Canada is a Schedule 1 bank that operates primarily in the province of Quebec, with commercial and business banking offices located in Ontario, Alberta, British Columbia, and Nova Scotia. LBC's Institution Number is 039.

<span class="mw-page-title-main">Jim Nicholson (Secretary of Veterans Affairs)</span> American politician (born 1938)

Robert James Nicholson is an attorney, real estate developer, and a former Republican National Committee chairman. He was the United States Secretary of Veterans Affairs from January 26, 2005, until October 1, 2007.

<span class="mw-page-title-main">E-Trade</span> American financial services company

E-Trade Financial Corporation, a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets. The company receives revenue from interest income on margin balances, commissions for order execution, payment for order flow, and management services.

<span class="mw-page-title-main">Bob Iger</span> American business executive (born 1951)

Robert Allen Iger is an American media business executive who serves as Chief Executive Officer (CEO) of The Walt Disney Company. He previously served as the President of ABC between 1994 and 1995 and as president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then served as executive chairman until his retirement from the company on December 31, 2021. After his exit from the company, Iger served, at the company's request, as an advisor to his successor. Iger was awarded $2 million per year for such advice. However, at the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the unscheduled and immediate dismissal of his appointed successor, Bob Chapek. In July 2023, Disney renewed Iger's contract until 2026.

Providian Financial Corporation was one of the leading credit card issuers in the United States when it was sold to Washington Mutual for approximately US$6.5 billion in October 2005. Providian was headquartered in San Francisco, California, and had more than 10 million card holders at the time of its sale. Washington Mutual, Inc., continued to run the company as a wholly owned subsidiary, out of its San Francisco headquarters. At its peak, the company employed approximately 13,000 people nationwide. Providian had significant operations in California, New Hampshire, and Texas.

<span class="mw-page-title-main">Ron Williams</span> American businessperson

Ronald Allen Williams is an American businessman and board director on corporate, public sector and non-profit boards. Williams is the author of Learning to Lead: The Journey to Leading Yourself, Leading Others, and Leading an Organization, which appeared on The Wall Street Journal's best seller list. He is founder, chairman and CEO of RW2 Enterprises, LLC. He is the former chairman, president and chief executive officer (CEO) of Aetna Inc., a diversified benefits company. Aetna is now part of CVS Health.

<span class="mw-page-title-main">Donald Petersen</span> American businessman

Donald Eugene Petersen is an American businessman who was employed by the Ford Motor Company for 40 years, most notably as its chief executive officer from 1985 to 1990.

<span class="mw-page-title-main">Randall L. Stephenson</span> Telecommunications business executive

Randall Lynn Stephenson is a retired American telecommunications executive. He served as chairman and chief executive officer (CEO) of AT&T Inc. from May 9, 2007 – June 30, 2020 and as executive chairman of AT&T Inc. from July 1 until December 31, 2020. He served as National President of the Boy Scouts of America from 2016 to 2018. In April 2020, Stephenson announced he would step down as CEO of AT&T effective July 1, 2020, replaced by John Stankey. In November 2020, Stephenson announced he would step down as executive chairman of AT&T effective January 2021, replaced by William Kennard.

Charles Waterhouse "Chip" Goodyear IV is an American businessman and the former CEO of BHP. He is a member of the Goodyear family that had extensive business interests in lumber and railways, as well as significant philanthropic endeavors.

Charles K. Monfort and Richard L. Monfort are the primary owners of the Colorado Rockies Major League Baseball team. Both grew up in Greeley, Colorado and are sons to Kenneth Monfort; previous owner of Monfort of Colorado, Inc. a meatpacking and distributing company that was acquired by ConAgra Foods in 1987. Dick Monfort is managing general partner, chairman and chief executive officer, while Charlie Monfort is the team's other general partner and vice chairman.

<span class="mw-page-title-main">Barry Sternlicht</span> American businessman

Barry Stuart Sternlicht is an American billionaire and the co-founder, chairman, and CEO of Starwood Capital Group, an investment fund with over $100 billion in assets under management. He is also chairman of Starwood Property Trust. He is the founder of Starwood Hotels and Resorts Worldwide and served as its Chairman and CEO from 1995 to 2005. As of May 2023, his net worth was estimated at $4.6 billion.

Versapay is a Canadian financial technology company that specializes in account receivable software. It was listed on the TSX Venture Exchange under the symbol VPY between January 2010 and February 2020 when it was acquired by private equity firm Great Hill Partners for $126 million.

<span class="mw-page-title-main">David Giampaolo</span>

David Anthony Giampaolo is the chief executive of Pi Capital, a London-based investor club. He is also a noted entrepreneur in the global health and fitness sector. He has been described as "London's most networked man" by The Times and other newspapers. He has co-founded or served on the board of several large businesses, including Fitness First, 24 Hour Fitness, Zumba and GlobalFit. He is a trustee of Speakers4Schools and a board member of UK technology firm Smartmatic.

<span class="mw-page-title-main">Lloyd Carney</span>

Lloyd Carney is an American businessman who lives in the San Francisco Bay Area. He is formerly the Chief Executive Officer and a member of the board of directors of Brocade Communications Systems leaving that position when Brocade was acquired by Broadcom Limited in 2017.

<span class="mw-page-title-main">Carta Worldwide</span> Software company in Canada

Carta Worldwide is a Canadian financial technology company that offers digital payments technology and modern card issuer processing for banks and financial technology "fintech" companies. In addition to their Canadian headquarters in Toronto, Carta has offices in London, Casablanca, and Charlottetown, PEI. Carta operates internationally, providing financial technology and digital payment software and cloud API issuer processing.

Charles W. Scharf is an American investment banker and business executive who serves as the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. and BNY Mellon, and has been an independent director on the Microsoft board of directors since 2014.

Douglas Hamilton McCorkindale is an American business executive who formerly served as president (1997–2005), CEO (2000–2005), and Chairman (2001–2006) of Gannett, the largest national newspaper publisher in the United States that owns the USA Today.

Remy White Trafelet is an American businessman, hedge fund manager, and investor. He is the president and CEO of investment firm Trafelet & Company, LLC, and Chairman of Hazeltree Treasury Solutions, a company Trafelet founded in 2011.

References

  1. "Visa names Saunders chief executive". United Press International . 15 May 2007. Retrieved 4 June 2011.
  2. www.ETtech.com (6 October 2016). "Fintech startup Simpl allows users to make online purchases with one click and pay later - ETtech". The Economic Times. Retrieved 2019-12-17.
  3. "$5 million gift establishes new leadership academy". University of Denver Magazine - Archive. 2018-07-17. Retrieved 2019-12-17.