Former FCC Chair Genachowski Gets MasterCard Board Seat

Former Federal Communications Commission chairman Julius Genachowski has been elected to the board of MasterCard, the company said.

Genachowski was one of two newly elected members, rounding out the 13-member board. It is a one-year term.

Genachowski exited the FCC in 2013, joining The Carlyle Group in January 2004 as managing director of telecom and media in the Washington office, focused on acquisitions and media and telecom investments.