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MASTERCARD INC FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 15, 2014, the Board of Directors of MasterCard Incorporated (the "Company") approved an increase in the base salary of Mr. Ajay Banga, the Company's President and Chief Executive Officer, from $1.0 million to $1.2 million, effective September 16, 2014. The increase in Mr. Banga's base salary will increase his opportunity to participate in the Senior Executive Annual Incentive Compensation Plan ("SEAICP") if certain goals established at the beginning of 2014 are achieved. His target payout under the SEAICP is 200% of base salary. 2 -------------------------------------------------------------------------------- |