First Data 2013 Annual Report Download - page 128

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
On March 5, 2014, the First Data Governance, Compensation and Nominations Committee approved changes to the Senior Executive incentive Plan to
remove certain restrictions and allow bonuses to be approved for senior executives under the plan at its discretion. A copy of the Senior Executive Incentive
Plan is included as Exhibit — to this Form 10-K.


The Company’s executive officers and members of the Board of Directors (the “Board”) are as follows:
  
Frank J. Bisignano 54 Chairman and Chief Executive Officer
Guy Chiarello 54 President
John Elkins 61 Executive Vice President and President, First Data International Regions
Christine Larsen 52 Executive Vice President and Chief Operations Officer
Barry McCarthy 50 President, U.S. Financial Services
David R. Money 58 Executive Vice President, General Counsel and Secretary
Himanshu Patel 38 Executive Vice President, Strategy & Business Development and Public Affairs
Ray E. Winborne 46 Executive Vice President and Chief Financial Officer
Joe W. Forehand 65 Director
Henry R. Kravis 70 Director
Scott C. Nuttall 41 Director
Tagar C. Olson 36 Director
Joseph J. Plumeri 70 Director
Frank J. Bisignano has been Chairman of the Board since March 2014 and Chief Executive Officer and a member of the Board since April 2013. Prior
to joining us, Mr. Bisignano was the Co-Chief Operating Officer for JPMorgan Chase from July 2012 to April 2013, CEO of Mortgage Banking at JP Morgan
Chase from February 2011 until December 2012, and Chief Administrative Officer of JPMorgan Chase from 2005 until July 2012.
Guy Chiarello has been President since July 2013. Prior to joining the Company, Mr. Chiarello was the Chief Information Officer of JPMorgan
Chase & Co. for the prior five and a half years and served in various technology roles for Morgan Stanley for 23 years prior to that.
John Elkins joined the Company as Executive Vice President and Chief Marketing Officer in September 2009. In January 2011 he was appointed head
of the Company’s business outside North America, including the Asia Pacific, Europe, Middle East and Africa, and Latin America regions. Prior to joining
the Company, Mr. Elkins served as a senior advisor to McKinsey & Company from November 2007 to September 2009. He also previously served as
Executive Vice President and Chief Marketing Officer for Visa International from April 2003 to November 2007. Elkins is the founder and former Chairman
and CEO of FutureBrand, a worldwide corporate brand, retail, industrial and packaging strategy and design consultancy.
Christine Larsen joined the Company as Executive Vice President and Chief Operations Officer in June 2013. Prior to joining the Company, she was
Executive Vice President of JPMorgan Chase & Co since January 2012 responsible for firm-wide process improvement and enterprise program management,
with a focus on control and integration efforts. From 2006 to January 2012, she was responsible for various senior operations and technology roles at
JPMorgan Chase & Co.
Barry McCarthy has been the president of the Company’s U.S. Financial Services segment since February 2013. Mr. McCarthy joined First Data in
2004 and has served in various roles of increasing responsibility including head of the merchant product organization, new technologies and general manager
of First Data’s Asia-Pacific merchant business. Prior to joining First Data, he co-founded MagnaCash, a Silicon Valley-based micropayments company, and
held various executive roles at VeriSign, Wells Fargo Bank and Proctor & Gamble.
David R. Money has been Executive Vice President, General Counsel and Secretary since February 2007. Mr. Money was Vice President and General
Counsel of Alta Health Strategies from November 1990 to October 1995 when Alta Health Strategies was acquired by the Company. He filled a series of
increasingly responsible positions in the Company’s General Counsel’s Office until being promoted to General Counsel-Level A in March 2001 and Deputy
General Counsel in March 2004. Mr. Money was named the Company’s acting general counsel in June 2006 and was subsequently named Executive Vice
President, General Counsel and
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