Mr. Carl Pascarella, President and CEO of Visa U.S.A. received this weekend the Special Achievement Award in Business from the National Italian American Foundation (NIAF). Pascarella was among seven honorees at the 1998 NIAF annual gala dinner in Washington, D.C.
“There are so many Italian-American businessmen and women whom I admire greatly, I am honored to be singled out for this year’s NIAF special achievement award in business,” Pascarella said. Pascarella, who is the grandson of Italian immigrants, was presented with the award by Mr. Lawrence Auriana, Chairman of the Kaufmann Fund.
The National Italian American Foundation began the Special Achievement Award program in 1976 to recognize the positive contributions of Italian Americans in a variety of fields, including business, literature, sports, entertainment and humanitarian service. Other honorees at this year’s NIAF awards event included:
* Angelo Mozilo, Chairman and CEO, Countrywide Home Loans Special Achievement Award for Humanitarian Service
* Gay Talese Special Achievement Award in Literature
* Leonard Riggio, Chairman and CEO, Barnes & Noble Special Achievement for the Promotion of Literacy
* Tommy Lasorda Lifetime Achievement Award in Sports
* Anjelica Huston Special Achievement Award in Entertainment
* Barbara Sinatra The NIAF Hope for Children Award
Carl Pascarella was named president and chief executive officer of Visa U.S.A. in 1993. Before assuming his current position, Pascarella was president of Visa International’s Asia-Pacific region and director of the Asia-Pacific Regional Board of Visa.
As the world’s best way to pay, Visa is the preferred payment brand and the largest consumer payment system worldwide with more volume than all other major payment cards combined. Visa plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions, their cardholders and the global economy. As the leader in emerging technologies, Visa has more than 70 smart card programs in 31 countries and on the Internet, with 22 million Visa chip cards, including 8 million Visa Cash cards. Visa is pioneering SET Secure Electronic Transaction programs to enable and advance Internet commerce. Visa’s 642 million cards, generating more than US$1 trillion in annual volume, are accepted at over 15 million worldwide locations, including more than 400,000 ATMs in the Visa Global ATM Network. Visa’s Internet address is .Details