Marqeta, Inc. (NASDAQ:MQ), a modern card issuing platform, today announced the appointment of Mike Milotich as Chief Executive Officer and as a Director, effective immediately.
Mr. Milotich has served as Interim CEO since February 2025, in addition to his role of Chief Financial Officer.
Prior to joining Marqeta, Mr. Milotich was the Senior Vice President of Corporate Finance and Investor Relations at Visa, responsible for understanding Visa’s business and financial performance, managing the corporate outlook, evaluating M&A opportunities and communicating with the global investor community.
Prior to Visa, Mr. Milotich worked at PayPal and American Express in various business analysis roles.
Mr. Milotich holds a bachelor’s degree from the University of California, Santa Barbara and an MBA from New York University.
“I’m excited to lead Marqeta at this pivotal time for our company,” said Mr. Milotich. “We’ve made significant progress in advancing our strategic initiatives and sharpening our focus on execution, and I believe in our ability to further accelerate this work as we move forward. I look forward to continuing to work alongside our talented team to pursue and capture the immense market opportunities, enable innovation and business expansion for our customers, and drive enhanced value creation.”
The Company’s Board of Directors will commence a search for Marqeta’s next Chief Financial Officer, with the assistance of a leading executive search firm. Mr. Milotich will continue to serve as CFO until a successor has been identified.
