Mastercard today appointed Sandra (Sandy) Arkell as executive vice president, corporate controller and principal accounting officer, effective May 5, 2017. This move comes as Andrea Forster, the current controller, takes on a new role to expand the company’s shared service center capabilities.
Forster joined Mastercard in 2011 as corporate controller and principal accounting officer, following a 20-year career in the beverage industry. In 2012, she led the creation of the Global Business Service Center, an award-winning shared service center supporting more than 50 markets.
“Andrea has transformed and enhanced our financial operations,” said Martina Hund-Mejean, chief financial officer, Mastercard. “She strengthened our controller organization with an enhanced focus on risk and controls. We look forward to her continued contribution to the business, as she brings a unique skillset and vision that will help further develop our shared service capabilities.
Arkell will join Mastercard on April 3 to lead the company’s accounting, internal controls and financial reporting activities.
For the past two years, she served as vice president, controller for the Dover Corporation, a manufacturer of specialty equipment and components for energy, food and engineering companies. In this role, Arkell led its global finance and accounting organization, responsible for financial reporting, planning and analysis, financial systems and SOX compliance. During her tenure, she supported numerous acquisitions, as well as a public spinoff of one of its largest businesses. She originally joined Dover in 2009 as assistant corporate controller.
“Sandy’s broad range of experience in several finance functions and industries will allow her to contribute to the company in ways beyond just financial matters. We look forward to her perspective on key issues, helping to enhance a strong foundation and a solid team,” said Hund-Mejean.
Prior to Dover, Arkell played an integral role in Arby’s acquisition of Wendy’s, driving the development of a shared services organization. She has also held financial planning, risk management and investor relations roles with Delphi, Kmart, Collins & Aikman, and Pulte Corporation. Arkell began her career with PricewaterhouseCoopers, working with Fortune 500 clients in the manufacturing and consumer packaged goods industries.
Arkell holds a Bachelor of Science in Accounting from The Pennsylvania State University.
Mastercard (NYSE: MA) is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.