Henrique De Castro
Henrique De Castro | |
|---|---|
| Born | Portugal |
| Occupation(s) | Corporate executive, board member |
| Known for | Former COO of Yahoo Inc., board member of Banco Santander, Fiserv, and Target Corporation |
Henrique De Castro is an accomplished corporate leader and serves as a board member for Banco Santander S.A (BMAD: SAN), Fiserv. Inc. (NASDAQ: FISV), and Target Corporation (NYSE: TGT). He was previously a director at First Data Corporation (NYSE: FDC) until its consolidation with Fiserv.
Education
De Castro completed both a Bachelor of Arts and a Master of Science at the Instituto Superior de Gestão in Lisbon, Portugal, between 1985 and 1990. He also holds an MBA from the International Institute for Management Development located in Lausanne, Switzerland. He is proficient in five languages: English, Italian, French, Spanish, and Portuguese.
Career
Originating from Portugal, De Castro initiated his professional journey at Asea Brown Boveri (ABB), focusing on corporate project finance and private equity. He subsequently joined McKinsey & Company as a consultant and later took on the role of Sales & Business Development Director for Dell’s Western Europe operations, overseeing activities across nine nations.
In July 2006, De Castro became part of Google, where he managed media, sales, and platform operations within the EMEA region. By April 2009, he had advanced to vice-president and president of Google's media, mobile, and platforms division, directing an annual revenue stream of $5 billion derived from TV Ads, YouTube Ads, Google Display Network, Mobile Ads, AdMob, AdExchange, and DoubleClick. His leadership extended Google's presence to more than 50 countries, involved recruiting over 1,000 staff members, and spearheaded the integration of Google's two largest acquisitions.
Between March and November 2012, he held the position of president for Google's worldwide Partner Business Solutions group, overseeing advertising platforms and services aimed at publisher and commerce partners.
Yahoo Inc.
In November 2012, CEO Marissa Mayer appointed De Castro as chief operating officer of Yahoo, marking her "first major hire" and making him the highest-compensated COO in the United States at that time. His responsibilities included strategic oversight and operational management of Yahoo’s sales, media, business development, and global functions with an annual budget of $5 billion. After serving for 15 months, he was dismissed in 2013; during his tenure he earned $50 million and was granted a severance package totaling $58 million.
Board memberships
De Castro became a board member of Banco Santander S.A., a leading global bank ranked among the top 20 worldwide and part of the Euro Stoxx 50 index, in February 2019. He joined First Data Corporation’s board in July 2017; this company is a prominent provider of payment technologies supporting over six million merchants globally. Since March 2013, he has been on the board of Target Corporation based in Minneapolis. Additionally, he has contributed to the Interactive Advertising Bureau (IAB), an organization comprising over 500 media and technology firms dedicated to promoting interactive advertising.