MAC currently has three types of advisors:
- Advisors representing major payment networks and standards organizations.
- Board-appointed advisors
- President-appointed advisors
MAC also has an active group of past presidents who continue to contribute to MAC and comprise the Past Presidents Special Interest Group (SIG).
Advisors - Payment Networks & Standards
MAC and its members benefit from the participation of partners representing the payment networks, card brands and standards organizations as board advisors. These advisors are selected by their respective organizations.
Advisors - Board Appointed
The MAC Board of Directors annually appoints up to four individuals to serve on the board in an advisory capacity. These individuals often chair current MAC committees and/or provide particular expertise or perspective currently sought by the board.
Advisors - Presidential
Each MAC President selects up to three individuals as advisors. These individuals may advise the President directly or the Board more broadly, and may also serve as Committee Chairs.
MAC's Past Presidents may engage in MAC in an advisory capacity at the Board or Committee level. As part of its ongoing succession planning process, MAC established a Past President Special Interest Group to facilitate opportunities to engage and connect these leaders to current MAC governance.