Robert W. Selander was the President and

Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of MasterCard until 1 July 2010 when he was succeeded by Ajay Banga. He had held this position since April 1997. Before that he spent 20 years with

Citibank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...

, where he developed their global branch network and managed Citibank’s Diners Club International credit card business throughout the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

and

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Early life and career

Selander earned his undergraduate degree in industrial engineering from

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

in 1972 and was a member of the

Quill and Dagger Quill and Dagger is a senior honor society at Cornell University. It is often recognized as one of the most prominent societies of its type, along with Skull and Bones and Scroll and Key at Yale University. In 1929, ''The New York Times'' stated t ...

society and the Sigma Chi Fraternity. He earned his MBA from the

Harvard Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

Business School. In 2005 Selander was presented with a Doctor of International Business Honoris Causa from Richmond The American International University in London. Selander serves on the Board of Directors of Western Union Company, HealthEquity, Inc., and Fidelity Equity and High Income. He also served on the Board of Directors of MasterCard Incorporated, MasterCard International and Hartford Financial Services Group Inc. In February 2006, Selander had surgery for

prostate cancer Prostate cancer is cancer of the prostate. Prostate cancer is the second most common cancerous tumor worldwide and is the fifth leading cause of cancer-related mortality among men. The prostate is a gland in the male reproductive system that sur ...

, which delayed the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

of MasterCard.Selander Cites Health, Puts Off MasterCard IPO – Forbes.com
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References

Cornell University alumni Harvard Business School alumni Living people American business executives Year of birth missing (living people) {{US-business-bio-stub