Bill McKiernan is president of WSM Capital, LLC a private equity firm he founded to invest in payment and other technology companies. Prior to founding WSM Capital, Bill founded CyberSource Corporation in 1994. CyberSource provides payment processing and other related services to online businesses. He was Chairman and CEO for 16 years. He built the company into one of the dominant players in the eCommerce payment market with over 300,000 customers processing over $120 billion per year. CyberSource processed 1 of every 4 e-commerce transactions in the US and 1 of 8 worldwide. In July 2010, Visa, Inc. acquired CyberSource in a transaction valued at $2 billion. Mr. McKiernan served as Executive Advisor to Visa, Inc. for two years following the acquisition before founding WSM Capital in 2012.
Mr. McKiernan holds a BS from Boston College and an MBA from the Harvard Business School. Prior to founding CyberSource he held positions at Price Waterhouse, IBM, and McAfee Associates.
He is on the boards of trustees of Boston College, Bellarmine College Prep and the American Ireland Fund. He is on the board of directors of the Multiple Myeloma Research Foundation and the Harvard Business School California Research Center Advisory Board. He also sponsors an annual National Business Plan Competition in Ireland through the American Ireland Fund.