NFC Times Exclusive: As part of an apparent shake-up at Visa Inc., Bill Gajda, head of mobile, and Jennifer Schulz, responsible for the V.me wallet, are out, while the company appears to have sidelined former head of product Jim McCarthy and put global executive Elizabeth Buse back into her former position, NFC Times has learned.
At the same time, Visa has strengthened the role of Sam Shrauger, a former PayPal vice president, who as Visa’s new global head of digital is now the key executive tasked with invigorating mobile and online commerce at Visa, sources told NFC Times.
One source said Shrauger will report directly to new Visa president Ryan McInerney. If true, Shrauger would bypass executives Buse and McCarthy, who are believed to have diminished roles when it comes to Visa's digital initiatives–as first-year CEO Charles Scharf moves to revamp Visa’s struggling mobile and e-commerce programs and perhaps other parts of the organization, sources said.