Unknown Analyst

Okay. Great. Everybody, good morning. Thanks for joining us for our chat with Johan Gerber from Mastercard. Now in EVP of Network and Real-Time Payments, that's been a month, formerly in security, which is the largest piece of the VAS business, which we're really excited about to dig into. I think everyone just said security and kind of glosses over for a second and not really knows what's beyond it, but really looking forward to getting into some detail.

First things first, though, a bunch of management changes announced yesterday. We wrote a note on it thinking it was -- it just really shows the depth and breadth of the management team, no exits, no new hires either, just kind of shuffling around. That's usually the sign of a great management team. And so we're very favorable on it. I love it.

We'll miss Sachin as the CFO because he was terrific, but looking forward to meeting Ling and getting in there. But I don't know if you want to comment on that. We were very favorable. Like we didn't think it was anything negative at all.

Johan Gerber
Executive Vice President of Network Products & Real Time Payments

Well, first of all, thanks for having us here today. We're excited to talk about this as well. This is such a big part of our portfolio, especially of our value-added services. Security now is about 40% -- sorry, value-added services is about 40% of the company's net revenue.

Security solutions is a really big part of that. But on the management changes, to your point, it shows the depth in