Alfred F. Kelly Jr.

Alfred “Al” Francis Kelly Jr. (62)[1] is an American business executive. He is the Chairman and Chief Executive Officer (CEO) of Visa Inc.,[2] a global digital payments company. In October 2016, Kelly succeeded Charles W. Scharf as the CEO of Visa.[3] In April 2019, Kelly was elected as the company's Chair of the Board while continuing to serve as Visa's CEO.[4] He has been a member of Visa's Board of Directors since 2014.[5]

Kelly is active in the business, healthcare, Catholic and education communities. He serves on the Board of Directors of Catalyst and is Chair of the Board of the Mother Cabrini Health Foundation, as well as several entities in the Archdiocese of New York. He is also a member of the Board of Trustees of New York Presbyterian Hospital and Boston College, where four of his five children have graduated.[6][7][1]

In 2020, Kelly was named a guardian for the Council for Inclusive Capitalism with the Vatican, which answers the call by Pope Francis to apply principles of morality to business and investment practices.[8]

Personal life

Kelly was born in 1958 in Bronxville, New York and raised in the Crestwood section of Yonkers (both in Westchester County).[9] He is the oldest of seven children.[10] Kelly's father was president of the Canada Life Insurance Company of New York and a company CEO. Kelly says “Both my mom and dad role-modeled many great things for me, including the importance of helping others and attacking work with energy and a high-quality orientation.”[11] His grandfather, the late Raymond J. Kelly, was sports editor of The New York Times from 1937 to 1958.[12]

A second-generation Irish-American with roots in Cork, Ireland, Kelly continues to reside in Westchester County[13] with his wife Margaret “Peggy” Joan Parlatore Kelly. They met at Iona College[6] and were married in 1983.[12] They have five children.[6]

Education

Kelly graduated from the Iona Preparatory School in 1976.[14] He received a Bachelor of Arts degree in Computer and Information Science (Summa Cum Laude) in 1980 and an MBA with Honors in 1981,[13] both from Iona College, a private Catholic college in New Rochelle, New York.[15] He also served as an adjunct assistant professor at Iona[12] and was a trustee for 13 years.[16]

Career

Early in his career, Kelly held various positions in information systems and financial planning at PepsiCo Inc. from 1981 to 1985.[17] When President Ronald Reagan won re-election in 1984, Kelly was named Head of Information Systems at the White House at just 27 years of age and served in that capacity from 1985 to 1987.[10][18] Kelly spent the majority of his early career at American Express where he worked from 1987 to 2010. Over those 23 years, he held several senior positions, including serving as president from July 2007 to April 2010.[19][10]

An avid football fan, from April 2011 to August 2014, Kelly left the corporate world to take on the role of President and CEO for the 2014 NY/NJ Super Bowl Host Committee to organize the Super Bowl XLVIII.[10] In addition to successfully executing the event, the Host Committee supported charitable efforts including the Super Community Blood Drive; the Urban Forestry Project, an environmental program that planted 25,000 trees in areas that were ravaged by Hurricane Sandy; and the Snowflake Youth Foundation, which aims to revitalize and rebuild facilities for school-age kids like playgrounds, community houses and Boys & Girls Clubs.[6]

While serving as management advisor to TowerBrook Capital Partners in 2015,[20] Kelly became the Chairman of the Papal Visit Committee for Pope Francis’ visit to New York, which included a papal tour of New York City and a mass at Madison Square Garden.[21][22] Immediately prior to joining Visa, Kelly was president and CEO at Intersection, a technology and digital media company and Alphabet-backed private company based in New York City.[23]

References

  1. "Alfred F. Jr. Kelly - Biography". www.marketscreener.com.
  2. "Al Kelly, Visa Inc: Profile and Biography". Bloomberg.com.
  3. Sidel, Robin (October 17, 2016). "Visa CEO Charles Scharf Is Stepping Down" via www.wsj.com.
  4. "Visa's Board of Directors Elects Visa CEO Al Kelly as Chair". AP NEWS. April 19, 2019.
  5. "Visa Announces CEO Succession Plan". usa.visa.com.
  6. "William O'Shaughnessy Interviews Alfred F. Kelly, Jr". March 3, 2014.
  7. "V Company Profile & Executives - Visa Inc. Cl A - Wall Street Journal". www.wsj.com.
  8. "Council for Inclusive Capitalism with the Vatican". www.inclusivecapitalism.com.
  9. "A Westchester Native Will Be Calling the Plays at the Meadowlands Super Bowl". December 15, 2013.
  10. Gelles, David (July 1, 2019). "Al Kelly of Visa on the Reagan White House and the Politics of Guns (Published 2019)" via NYTimes.com.
  11. "What would mom do? Leadership lessons I learned from my family". www.linkedin.com.
  12. "Margaret J. Parlatore Bride of Alfred F. Kelly Jr. (Published 1983)". September 11, 1983 via NYTimes.com.
  13. "Alfred F. Kelly, Jr. | Irish America".
  14. User, Author Deprecated (October 29, 2017). "Iona Preparatory Announces Honorees for the President's Dinner Centennial Gala". Talk of the Sound.
  15. Parker, Garrett (January 4, 2019). "10 Things You Didn't Know about Visa CEO Alfred F. Kelly, Jr". Money Inc.
  16. "Alfred F. Kelly | Irish America".
  17. "Chairman and Chief Executive Officer". www.businessroundtable.org.
  18. "Visa Inc. - Corporate Governance - Board of Directors - Person Details". investor.visa.com.
  19. "data". SEC.gov. 2016-10-17. Retrieved 2021-02-05.
  20. "Alfred F. Kelly Jr. | Irish America".
  21. "7 Lives Intersecting With Pope Francis' (Published 2015)". September 18, 2015 via NYTimes.com.
  22. "Scarsdale's Alfred Kelly Is Chief Layman For Pope Francis Visit". Mamaroneck Daily Voice. September 21, 2015.
  23. "Visa Inc. - Corporate Governance - Board of Directors - Person Details". investor.visa.com.
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