The executive shuffle is ramping up at Visa (NYSE:V).
The payments company announced Wednesday that John Partridge, 63, will retire as the company's president at the end of March.
In October, Charles Scharf, a former head of retail financial services for JPMorgan Chase (JPM),
Partridge and Saunders are expected to remain with the company until March 31.
Visa did not name a successor to Partridge, though it said he will work closely with Scharf on a transition.
"I have known John for more than a decade and have tremendous respect for John's leadership and all that he has accomplished at Visa," Scharf said in a news release. "John and his teams have consistently delivered on our commitment to be the world's most secure and reliable payments system, and I want to thank him for his years of dedication and service."
Partridge, who previously served as Visa's chief operating officer, joined the company in 1999.
