People on the Move: Tim Murphy and Noah Hanft, MasterCard
MasterCard has appointed Tim Murphy general counsel and chief franchise officer, effective April 1, 2014, replacing Noah Hanft, who has announced his retirement from MasterCard. Murphy, also appointed to the company’s executive committee, joined MasterCard’s Law department in 2000 and became senior vice president and associate general counsel in 2003. In 2006, he was named group executive, customer business planning and analysis, and was president of MasterCard’s U.S. Region from 2007 to 2009. He then became chief product officer.
Hanft retires next month, after 27 years with the company. He was general counsel and chief franchise officer since 2001. Beginning May 1, 2014, Hanft will become the president and CEO of the International Institute for Conflict Prevention and Resolution, a non-profit organization whose mission is to help global businesses resolve complex commercial disputes.