Highlights of the year: MasterCard is listed on the New York Stock Exchange in May, becoming the largest U.S.-listed IPO of 2006. MasterCard announces the election of an independent board of directors, including a nonexecutive chairman. MasterCard unveils a new corporate brand and corporate identity — MasterCard Worldwide — that reflect the company's vision, global structure and positioning at The Heart of Commerce. MasterCard marks an historic year with its 40th anniversary celebration, as well as its 20th in its Asia/Pacific and Latin America and the Caribbean regions. The MasterCard Foundation is established to support microfi nance initiatives and youth education around the world.