CyberSource Broadens Team With Former Visa CEO

CyberSource Corporation appoints of Carl F. Pascarella to the CyberSource Board of Directors. Pascarella brings more than 22 years of industry experience to the Board, including serving as President and Chief Executive Officer of Visa U.S.A., Inc. from 1993 to

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CyberSource Corporation appoints of Carl F. Pascarella to the CyberSource Board of Directors.

Pascarella brings more than 22 years of industry experience to the Board, including serving as President and Chief Executive Officer of Visa U.S.A., Inc. from 1993 to 2005. Pascarella is currently an Executive Advisor at TPG, a private equity firm.

“Carl will be an extraordinary asset to our Board and to our company,” says Bill McKiernan, chairman and CEO, CyberSource.

“In addition to his extensive leadership experience in the payment industry, he has a unique background in the international side of the business, a key growth factor for CyberSource. Carl’s appointment to the Board also increases the number of independent directors, furthering our commitment to best practices in corporate governance.”

L.D.

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