Stephen A. Parento is the senior business leader of Global Prepaid Product Development at MasterCard, where he is responsible for delivering innovative prepaid product solutions globally. Prior to MasterCard, he led marketing and product management at Quest Diagnostics' Consumer Health business and held brand and product management roles at Gillette and Nabisco, where he developed new product innovations. Mr. Parento holds a Bachelor's degree in Business Administration from the University of Vermont and an MBA with a focus on Marketing and International Business from NYU Stern School of Business.

1. Stephen A. Parento
Senior Business Leader, Global Prepaid Product Development
Stephen Parento, senior business leader, Global Prepaid Product Development is responsible
for delivering innovative MasterCard prepaid product solutions across all prepaid segments
globally. Prior to joining MasterCard, Stephen led marketing and product management in
Quest Diagnostics’ Consumer Health business, a division focused on building a direct-to-
consumer lab testing service. Prior to that Mr. Parento held a series of brand and product
management roles at the former Gillette and Nabisco companies where he developed and
delivered a number of new product innovations. Mr. Parento holds a Bachelor of Science
degree in Business Administration from the University of Vermont. In addition, he holds a
Masters of Business Administration with a concentration in Marketing and International
Business from New York University’s Stern School of Business.