Investing.com -- Visa Inc (NYSE: V ) on Tuesday announced the appointment of Antony Cahill as the new Chief Executive Officer of its European operations.

This news comes as the current CEO, Charlotte Hogg, prepares to leave the company after an eight-year tenure.

Cahill is expected to step into his new role in early June, leaving a vacancy in his current position. In response, Visa has initiated an internal search to find Cahill’s replacement.

The upcoming leadership change marks a significant moment for the multinational financial services corporation, as it continues its operations across Europe.

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