Tom is a graduate of the State University of New York-Maritime College. He is also responsible for managing day-to-day operations and implementing the companys strategic plan. Prior to First Data, Gelb had a distinguished career at Citi, which included nearly two decades in a variety of roles around the globe, including in the United States, Japan, United Kingdom, New Zealand, and Nigeria, among others. solution for your business. Tom served as Executive Vice President and Chief Administrative Officer of First Data Corporation prior to its merger with Fiserv in 2019. Keep up with the story. We know our levers and how to manage the expense line, and weve managed it through this whole merger in order tobe prepared for tough times, too, Bisignano said. The new contract also includes a variety of governance enhancements to more closely align with market standards. As Chief Marketing Officer for Fiserv, Inc., Leigh Asher leads brand strategy, corporate communications and creative direction worldwide, as well as oversees market research and marketing technology and operations. Marino is a seasoned HR executive with an outstanding background in financial services. Keep up with the story. Relationship of Reporting Person(s) to Issuer . At TE Connectivity, Hau was responsible for developing and implementing financial strategy, as well as creating the financial infrastructure necessary to drive the companys financial direction, vision and compliance initiatives. 01:36. Still. Prior to joining First Data, Sebby served as an Audit Manager at Deloitte where she was responsible for audits in multiple industries. Asher plays a key role in shaping the companys workplace experience and led the design of its flagship office in Alpharetta, Ga., which has served as a model for other Fiserv locations worldwide. We continue to refine and improve the way we operate. | 1 p.m. He became Chairman of the Board in May of 2022. Asher is a graduate of Georgia State University and a member of the American Marketing Association, the International Association of Business Communicators and Marketing 50. When asked how Fiserv would adapt in the event of an economic downturn, Bisignano, speaking Monday at Citi's 2022 FinTech Conference in New York, touted the "resilience and durability" of the company's business. Bisignano joined Fiserv through the companys 2019 acquisition of First Data, where he served as CEO at the time of the merger. , The free newsletter covering the top industry headlines, Payoneer Survey Shows that UK-based and European Businesses Find Cross-Border Payments Challen, By signing up to receive our newsletter, you agree to our, Ilya S. Savenok / Stringer via Getty Images. Our people donated their time and nearly $1 million through our Fiserv Gives Back program, supporting more than 2,000 causes during the year. View source version on businesswire.com: https://www.businesswire.com/news/home/20221221005599/en/, Media Relations: Britt ZarlingCorporate CommunicationsFiserv, Inc.+1 414-526-3107britt.zarling@fiserv.com Investor Relations: Julie Chariell Investor RelationsFiserv, Inc.+1 212-515-0278julie.chariell@fiserv.com, https://www.businesswire.com/news/home/20221221005599/en/. The Fiserv Board of Directors elected Frank Bisignano, President and Chief Executive Officer and a director of Fiserv, as Chairman of the Board. We continued to use our Fiserv Cares Fund to assist associates who have experienced unexpected financial hardship during the pandemic, and we continued to prioritize professional development for our people, with programming centered on inclusive leadership and the development of diverse . We have clear lines of responsibility from our Board of Directors and the Nominating and Corporate Governance Committee to our Management Committee to our Corporate Social Responsibility Committee, which is responsible for day-to-day management of our CSR agenda and ESG strategy. Fiserv has a bunch of discretionary spend, he said, and executives know how to manage expenses very, very well.. Bisignano . Andrew earned his MBA at Cornell University and his BA at Oberlin College. Before joining First Data, Bisignano served as Co-Chief Operating Officer and Chief Executive Officer of Mortgage Banking at JPMorgan Chase & Co. With more than 30 years of executive leadership experience in banks and global financial institutions, Bisignano also served in multiple leadership positions at Citigroup, including Chief Administrative Officer and Chief Executive Officer of the companys Global Transaction Services unit. As Head of General Services at Fiserv Inc., Tom Higgins is responsible for Global Real Estate, Global Sourcing, Cyber Security, Physical Security and Investigations, Enterprise Business Continuity, Crisis Management, and Aviation. The company serves clients in more than 100 countries, is one of Fortune World's Most Admired Companies . The company serves clients in more than 100 countries, is one of Fortune Worlds Most Admired Companies, and was named among the Worlds Most Innovative Companies by Fast Company in 2021 and 2022. Prior to joining Fiserv, Wilcox served as interim General Counsel and Chief Legal Officer at USAA, providing strategic counsel and legal advice to the CEO, Board of Directors and Executive Council. Wilcox received his undergraduate degree from Duke University and his Juris Doctor degree from the Georgetown University Law Center. Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. He is a U.S. Navy veteran and serves on a number of charitable boards to include the CIA Officers Memorial Foundation, OSS Society, Business Executives for National Security, the Intrepid Sea, Air and Space Museum, USO of Greater New York, Meridian International Center, Wilson Center, and the Tug McGraw Foundation. Even as the payments and fintech company cut employees this year, it's hired thousands of workers, Fiserv CEO Frank Bisignano said during a Friday interview. Could Early Warnings bank wallet have a bigger goal? Dec 22, 2022 11:02 am. When asked Monday how Fiserv would adapt to an economic downturn, CEO Frank Bisignanosaid the company knows what levers to pull to manage the expense line., Fiserv CEO Frank Bisignano said this week the payments processing giant is equipped to manage tough times.. Remarks: /s/ Eric C. Nelson (attorney-in-fact) He also served as chairman of the University of North Carolina-Wilmington International Advisory Board. BROOKFIELD, Wis. -- (BUSINESS WIRE)--Dec. 21, 2022-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that it has entered into a new employment agreement with Frank Bisignano to serve as President and Chief Executive Officer through December 2027. He also led its $2.6 billion initial public offering in 2015, the largest U.S. IPO of the year. Fiserv is a member of the S&P 500 Index, the FORTUNE 500, and has been recognized as one of FORTUNE World's Most Admired Companies for 11 of the past 14 years and named among the Worlds Most Innovative Companies by Fast Company for two consecutive years. Among a number of non-profit commitments, he serves on the boards of the National September 11 Memorial and Museum, the Mount Sinai Health System, and The Battery Conservancy; and is a member of Business Roundtable, a U.S.-based association of CEOs who use public policy to promote a thriving economy and expanded opportunities for Americans. US Treasury to Lead Working Group Looking at Digital Dollar, Worldpay and FIS: the original sin that tore up a $43bn merger, 2023 Economic Insight & Best Practices in Financial Risk Management, Instant Bank Payments: The Promise of a Faster Future. The company serves clients in more than 100 countries, is one of Fortune Worlds Most Admired Companies, and was named among the Worlds Most Innovative Companies by Fast Company in 2021 and 2022. "With a deep commitment to clients and a proven track record of execution, Frank has been a driving force in the growth and global technology leadership at Fiserv," said Doyle Simons, Lead Independent Director of the Board of Directors. Chiarello has been recognized multiple times by Institutional Investor magazine among its Top Tech 50 and by Information Week as a Global CIO Top 50, was a NASSCOM CIO of the Year and is considered a key advisor by many leading Silicon Valley companies and technology CEOs in the industry. Moving forward, we plan to pursue LEED certification (or comparable certifications) for all of our newly occupied and/or renovated office locations, including our new office in New York and new Innovation Center in New Jersey. With our robust platform of solutions, leading technology, and the best talent, Fiserv will continue to deliver for our shareholders, clients and associates in a dynamic market.. Previously, Patel was Head of Card Services at Fiserv, a role he held starting with the transformative combination of Fiserv and First Data in 2019. The change could present an opportunity for Fiserv, which owns debit networks Star and Accel. As the operating system for commerce and money movement across our global client base of businesses, banks, credit unions large and small and fintechs, were helping our clients grow by extending our platform to capture new services and new money flows; and doing so in a way that respects our environment, supports and fosters equitable communities, and uses the power of data in a responsible manner. He pointed to Fiservs merger and integration with First Data, and the combined companys March 2019 pledge to cut costs. At First Data, he managed two of the companys publicly reported segments, which included many of the solutions he manages at Fiserv today. Some analysts who follow the company have predicted Fiserv executives will cut costs if needed to achieve earnings-per-share growth. He was appointed Chief Executive Officer of Fiserv in July of 2020 and Chairman of the Board in May of 2022. We continued to use our Fiserv Cares Fund to assist associates who have experienced unexpected financial hardship during the pandemic, and we continued to prioritize professional development for our people, with programming centered on inclusive leadership and the development of diverse top talent within our organization. Our breadth and scale across the fintech and payments landscape and millions of consumers provides unparalleled data and insights, which differentiate the experience we can provide. Previously, Rosman was General Counsel of OneMain Financial, one of Americas largest consumer lenders, where he oversaw legal, compliance, government relations and audit. Frank Bisignano . Visit fiserv.com and follow on social media for more information and the latest company news. Among a number of non-profit commitments, he serves on the boards of the National September 11 Memorial and Museum, the Mount Sinai Health System, and The Battery Conservancy; and is a member of Business Roundtable, a U.S.-based association of CEOs who use public policy to promote a thriving economy and expanded opportunities for Americans. During his tenure at First Data, Bisignano transformed the 48-year-old company from the worlds largest traditional payment processor into a technology innovator, industry collaborator, and commerce enabler for the 21st century. The rule clarification requires more than one debit network be available for routing transactions, including online. Chairman, President and Chief Executive Officer. He was previously Executive Vice President, Group General Counsel for Willis Group Holdings, responsible for legal, corporate secretary, compliance, and audit and risk management. She holds an M.B.A. from Columbia Business School and a B.A. Our people platform, including diversity and inclusion, and the health and safety of our people, clients and communities, has remained at the top of our CSR and ESG agenda. Himanshu Patel is Co-Head of the Banking organization at Fiserv, Inc. He oversees sustainability commitments for the organization and helps govern and measure the impact of these initiatives and their value to the business and key stakeholders. At Fiserv, he initially led the companys day-to-day operations as President and Chief Operating Officer before assuming the role of Fiserv Chief Executive Officer in July 2020. Bisignano, 63, is also the companys board chairman. Her background also includes leadership roles at American Express, including head of U.S. National Merchant Business and head of Global Network Business. The company serves clients in more than 100 countries, was named among the World's Most Innovative . [18], Bisignano is consistently rated as one of the highest-paid CEOs in the United States. At Fiserv, he initially led the companys day-to-day operations as President and Chief Operating Officer before assuming the role of Fiserv Chief Executive Officer in July 2020. Subscribe to the Payments Dive free daily newsletter, Subscribe to Payments Dive for top news, trends & analysis. Franks continued leadership enables us to create further value for our shareholders by delivering growth through innovation and discipline., Bisignano said, I look forward to the ongoing successful execution of our winning strategy, which is already demonstrating strong results and momentum. Shub Mukherjee - Senior Vice President of Investor Relations. We have also further enhanced our sustainability practices to support the growth of our ESG program. Previously, Kereere led a multi-billion-dollar business and global team as Global Head of Merchant Sales & Acquiring at Visa. BROOKFIELD, Wis., March 03, 2022--The Fiserv Board of Directors elected Frank Bisignano, President and Chief Executive Officer and a director of Fiserv, as Chairman of the Board. So this is a long-term strategy.. We facilitated 20 billion eCommerce transactions, Our people donated their time and nearly $1 million, supporting more than 2,000 causes during the year, We increased our commitment to helping small, minority-owned businesses in their recovery, Our business enables over 6 million merchant locations and over 10,000 financial institutions every year. Rosman is responsible for developing and leading the organizations corporate legal strategy and managing its compliance, ethics and government relations programs. Amid a tougher macroeconomic environment last year, resembling a prior shareholder proposal that had won shareholder approval earlier last year. "Franks continued leadership enables us to create further value for our shareholders by delivering growth through innovation and discipline. He also noted investments such as those in the companys Clover point-of-sale operating system and recent acquisitions the company has made. He became Chairman of the Board in May of 2022. Previously, he served as EVP & CHRO at The Guardian Life Insurance Company, and general manager of global HR and CHRO at Bank of Tokyo-Mitsubishi UFJ, one of the largest bank holding companies in the world, where he was the first American appointed to an office in Japan in BTMUs 130-year history. FISERV INC [ FISV] 5. When Fiserv acquired First Data in 2019 in a $22 billion all-stock deal, the company said it would cut $900 million in expenses over five years, according to a proxy filing. Our Employee Resource Groups were instrumental in guiding decisions on where our financial support would create the greatest impact and we donated to more than 180 organizations globally. Previously, Wilcox was Senior Vice President and Associate General Counsel at First Data. With a deep commitment to clients and a proven track record of execution, Frank has been a driving force in the growth and global technology leadership at Fiserv, said Doyle Simons, Lead Independent Director of the Board of Directors. She is a Certified Public Accountant and Certified Information Security Manager. Published Dec. 19, 2022 Caitlin Mullen Reporter. Prior to this, Patel served as EVP and Chief Financial Officer at First Data beginning 2015, and as EVP of Strategy, Planning, and Business Development beginning in 2013. Palantir is desperate for new customers", "Fiserv COO Frank Bisignano's 2019 pay jumps 232% to $40M", "Fiserv Enters into New Contract with Frank Bisignano", Video of Bisignano on CNBC in February 2014, discussing First Data's partnership with VISA, https://en.wikipedia.org/w/index.php?title=Frank_Bisignano&oldid=1141106138, This page was last edited on 23 February 2023, at 11:05. Last updated on December 23rd, 2022 at 01:32 pmFrank Bisignano has signed a new contract that will keep him as the chief executive officer of Fiserv Inc . I am proud of the steps we have taken to advance our ESG program this year. Frank Bisignano is Chairman of the Board, President and Chief Executive Officer of Fiserv, Inc. (NASDAQ: FISV), a global leader in financial services and payments technology solutions for financial institutions, businesses and consumers. The company, like others in payments, is grappling with inflation and currency volatility, and those stressors are squeezing Fiservs profit margins. Want to share a company announcement with your peers? Previously, his base salary was $1.32 million, according to the companys 2022 proxy filing. Frank Bisignano is Chairman of the Board, President and Chief Executive Officer of Fiserv, Inc. (NASDAQ: FISV), a global leader in financial services and payments technology solutions for financial institutions, businesses and consumers. Fiserv, Inc. (NASDAQ:FISV) Q4 2021 Earnings Conference Call February 8, 2022 8:00 AM ETCompany Participants. Still, thousands "certainly seems a lot higher than what we would expect," he said in an email. Before joining OneMain, he served as General Counsel for First Data from 2014 to 2019 and played a key role in its combination with Fiserv. Subscribe to the Payments Dive free daily newsletter, Subscribe to Payments Dive for top news, trends & analysis. We dont need to deviate from our strategy, Bisignano said. Foskett also served Managing Director, Head of North American Treasury Services and Global Head of Sales for Treasury Services at JPMorgan Chase & Co. During the year, Forbes recognized Fiserv as one of Americas Best Employers for Diversity and, in early 2022, Fiserv was named to the Bloomberg Gender-Equality Index for the sixth year in a row. Prior to joining Fiserv, Marin was Chief Executive Officer of Citibank for Brazil, Argentina, Uruguay and Paraguay. BROOKFIELD, Wis.-(BUSINESS WIRE)-Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced its participation in the following investor conferences. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief . Consumer spending remains strong, and Fiservs bank and merchant customers continue to show consistent demand for digital products, the CEO said, noting about 85% of the companys revenue is recurring in nature. The company serves clients in more than 100 countries, is one of Fortune Worlds Most Admired Companies, and was named among the Worlds Most Innovative Companies by Fast Company in 2021 and 2022.
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