Prior to his appointment, Mr. Jacobs served as Senior Executive Vice President for MasterCard International where he was responsible for developing new business ventures to service a wider range of member needs. He was also responsible for all alliances, joint ventures, new investments and equity investments.
Mr. Jacobs previously held the position of Executive Vice President for MasterCard Global Resources where his responsibilities included administration, government affairs, audit, finance, analysis, legal, human resources and global communications. At Global Resources, he was also involved in corporate finance and M&A activities.
Before joining MasterCard, Mr. Jacobs co-founded Financial Security Assurance Inc. (FSA) one of the world’s largest bond insurance companies. At FSA, he served as Chief Operating Officer, managing all staff functions including finance, policy, administration, investment management and legal.
In addition to serving as Chairman of the Global Payments board, Mr. Jacobs is also Chairman of the board of directors of Green Dot Corporation. He previously served on the boards of directors of Asset Acceptance Capital Corp., Investment Technology Group, Inc., Alpharma, Inc., LifeNexus and BondFactor and as the Chairman of the Board of Trustees at American University in Washington, D.C.
Mr. Jacobs received a BS in Business Administration from American University and a Juris Doctor from American University Law School.