Bloomberg Law
Jan. 12, 2021, 11:26 PM

Visa Elevates Top Lawyers as DOJ Scrutiny Scuttles Plaid Deal

Brian Baxter
Brian Baxter

Two top lawyers at Visa Inc. have taken on new roles as the credit card giant prepared for a potential antitrust battle with the Justice Department.

The Foster City, Calif.-based financial services company announced Monday its promotion of Kelly Mahon Tullier to the newly created position of executive vice president and chief legal and administration officer. The move came a day before Visa terminated its $5.3 billion acquisition of Plaid Inc.

The Justice Department sued Visa in November to block the proposed merger on antitrust grounds, though competition authorities in the U.K. approved Visa’s purchase of the San Francisco-based financial ...

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