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Visa CEO says he can’t work in San Francisco

visa ceo quits

Visa CEO Charlie Scharf is stepping down, observant he needs to spend some-more time with this family on a East Coast of a United States — and divided from Visa’s San Francisco headquarters.

Visa (V), that is formed in a Bay Area, done a proclamation Monday afternoon.

“My preference is wholly personal,” Scharf pronounced on a call with investors, observant that he and his mother have “worked tough to spend time with a daughters.”

“Now we need to spend some-more time on a East Coast,” he pronounced but elaborating.

Scharf told Visa’s house of directors about his skeleton in mid-September. They motionless to reinstate Scharf with a stream member of a board, Alfred F. Kelly, Jr.

On a same call, Kelly commended Scharf for putting his purpose “as a husband, father and son forward of his job.”

Scharf also sits on a house of Microsoft (MSFT, Tech30), that is headquartered in a Seattle area. It’s misleading if he will sojourn there.

Article source: http://rss.cnn.com/~r/rss/edition_business/~3/Gt094hy5kd4/index.html