MasterCard Worldwide has promoted Ajay Banga, president and chief operating officer, to chief executive officer, effective July 1. Banga also was named a member of MasterCard’s board of directors. Banga succeeds Joseph W. Selander, who will become executive vice chairman until his retirement on Dec. 31. MasterCard also promoted Alfredo Gangotena to chief marketing officer from global products and solution lead for MasterCard in Europe. Gangotena replaces Lawrence Flanagan, who is retiring.

Hypercom Corp. has hired William Rossiter as vice president of marketing to oversee mobile-payments technology. Rossiter previously was head of operations at the brand strategy consulting firm Bassett & Partners.

First Data Corp. has hired Steve Boehm as senior vice president and leader of global product management and innovation for the company’s financial services division. Boehm most recently was co-leader of integration at Wells Fargo & Co./Wachovia Corp.

CardWare International has named Brad McCoy director of national sales. McCoy previously was an equipment and sales representative at Heartland Payment Systems.

Galileo Processing Inc. has hired Philip Cormier as strategic partnerships executive. Cormier previously was vice president of marketing for Ace Cash Express and before that was senior vice president of marketing for Bank of America Corp.

I2c Inc. has hired Scott Galit as president. Galit previously was executive vice president at Meta Payment Systems and earlier in his career was a senior vice president at both MasterCard Worldwide and First Data Corp.

3Delta Systems has promoted Rick Ricker to the new position of vice president of business development for enterprise payment solutions. Ricker previously was director of operations.

Financial Technology Solutions International Inc. has hired Rita Bouhebent as chief financial officer. Bouhebent previously was senior vice president of general accounting with Bank of America Corp.

Edo Interactive Inc. has hired Stephen Collins as chief strategy officer and chief financial officer. He will oversee the company’s growth initiatives, including Prewards, its credit and debit card loyalty program. Collins previously was founder of Natchez  Advisors LLC.


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