Visa Inc. announced that Alfred F. Kelly, Jr. will retire as Chairman and a member of Visa's Board of Directors on January 23, 2024. He will remain at the company as Senior Advisor until February 15, 2024, when he will retire from Visa. The company also announced the Board's intention to name Lead Independent Director, John F. Lundgren, Chair of the Board subject to his reelection at Visa's annual meeting of stockholders in January 2024.

Kelly served as Chairman since 2019 and as Visa's CEO from 2016 to February 2023. He was first elected to Visa's Board as an Independent Director in January 2014.