Visa Inc. Completes Global Restructuring

"The completion of the restructuring marks a pivotal moment in Visa's history," said Joseph W. Saunders, Chairman and Chief Executive Officer of Visa Inc. "I'm delighted by the support our members have shown us throughout this process. By completing the restructuring, we now are better positioned to serve our clients in the growing payments industry and further advance the global migration to electronic payments. I believe that with our strong senior management team and our new global structure, Visa Inc. will continue to execute on our competitive strategy, grow our leading brand and network, and expand our diverse product offerings to benefit our stakeholders: financial institutions, merchants and cardholders."