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Russell E Hogg

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BUSINESS
November 18, 1988 | DOUGLAS FRANTZ, Times Staff Writer
MasterCard International turned to a senior First Interstate Bank executive Thursday to take its top post and move the credit card giant out of its runner-up position. Alex W. (Pete) Hart was elected president and chief executive of the No. 2 credit card company by MasterCard's board at a meeting in Palm Springs. Hart, 48, will resign as executive vice pr1702062436First Interstate in Los Angeles. He replaces Russell E. Hogg, MasterCard's president since 1980.
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BUSINESS
November 18, 1988 | DOUGLAS FRANTZ, Times Staff Writer
MasterCard International turned to a senior First Interstate Bank executive Thursday to take its top post and move the credit card giant out of its runner-up position. Alex W. (Pete) Hart was elected president and chief executive of the No. 2 credit card company by MasterCard's board at a meeting in Palm Springs. Hart, 48, will resign as executive vice pr1702062436First Interstate in Los Angeles. He replaces Russell E. Hogg, MasterCard's president since 1980.
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BUSINESS
July 15, 1988
Russell E. Hogg has announced his resignation as president and chief executive of MasterCard International, New York. Hogg said he would remain with the company until a suitable replacement is found. "I look forward to applying my skills and energies to a new venture, perhaps smaller and more entrepreneurial than those I've been associated with in the past," Hogg said.
BUSINESS
September 27, 1985 | PENNY PAGANO, Times Staff Writer
MasterCard International said Thursday that it will begin testing a new type of "smart" credit card with a small computer chip implanted in the plastic to make it easier for consumers to charge everything from taxicab rides to department store purchases. In the first move among major credit card companies to try these "chip cards" in the United States, MasterCard said it would issue the new cards to 40,000 customers in Maryland and Florida.
BUSINESS
May 13, 1987 | Associated Press
MasterCard International, searching for a larger chunk of the highly competitive credit card market, on Tuesday unveiled a program for member banks that allows premium cardholders to earn discounted travel and lodging if they use their cards for certain travel expenses. Industry experts predicted that other companies will soon follow suit as the lucrative summer season neared and vacationers began using their plastic in full force. Russell E.
BUSINESS
January 7, 1985 | TONY ROBINSON, Times Staff Writer
Last November, a man dining alone in a West Hollywood restaurant paid with a credit card that a restaurant employee found suspicious. When the patron's second piece of identification also didn't look legitimate, the sheriff was called and the man was arrested. That arrest and others like it recently are cited by credit card companies as evidence that extensive anti-counterfeiting efforts they have made in the past two years are paying off.
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