Fiserv is a leading provider in these primary businesses and markets in EMEA, including the U.K., Ireland, Germany, Netherlands, Poland and the Middle East region. While at First Data, he was Executive Vice President, Head of Corporate and Business Development and Co-Head of Global Financial Solutions. 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. Frank Bisignano | Management | Fiserv, Inc. Fiserv discloses 7% drop in workforce | Payments Dive Fiserv hired "thousands" of employees globally this year, even as others . Bisignanos annual compensation target had previously been between $10 million and $15 million, according to the 2022 proxy filing. The same notice requirement applies when Fiserv establishes a new severance policy that affects such severance cash benefits. In 2021, Bisignanos total compensation was $20.4 million, according to the proxys summary compensation table. Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. She is responsible for the Fiserv portfolio of client engagement platforms, such as the companys annual Forum client conference, and was instrumental in establishing a multi-year naming rights agreement for Fiserv Forum, a state-of-the-art sports and entertainment venue in Milwaukee. About Us, Fiserv Innovation and Technology | Fiserv Its very normal in a merger to be recruiting, while also consolidating,Bisignano said. Kereere leverages her extensive experience leading payments and technology businesses to deliver excellence for clients ranging from small and mid-sized companies to global enterprises. (RTTNews) - Fiserv, Inc. (FISV), a payments and financial services technology provider, said on Thursday that it has elected its CEO Frank Bisignano as the new Chairman to succeed Denis O'Leary . Chairman, President, & Chief Executive Officer at Fiserv . Gustavo Marin is Head of Latin America at Fiserv, Inc., where he is responsible for the growth of the company in the Latin American region. He also led its $2.6 billion initial public offering in 2015, the largest U.S. IPO of the year. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief Executive Officer. 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 . The scary thing? Relationship of Reporting Person(s) to Issuer . 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. He was appointed Chief Executive Officer of Fiserv in July of 2020 and Chairman of the Board in May of 2022. Amid a tougher macroeconomic environment last year, Bisignano said the company is maniacally focused on expense management. In the U.S. alone, Fiserv solutions reach nearly 100% of U.S. households. Prior to joining First Data, Sebby served as an Audit Manager at Deloitte where she was responsible for audits in multiple industries. The company has maintained that it has about 44,000 employees around the world. . 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. With more than 30 years of brand building, corporate communications and technology marketing experience, her background includes roles at Per-Se Technologies (now part of McKesson) and Dun & Bradstreet Software. He has lectured extensively as an Adjunct Professor of Law at Georgetown University Law Center. His previous contract, which was signed in 2019 and has been amended since then, had an initial term through July 2025, the companys proxy filing said. Get started watch now. Our supplier diversity processes have been enhanced. Chairman, President and Chief Executive Officer. Bisignano joined Fiserv through the companys 2019 acquisition of First Data, where he served as CEO at the time of the merger. He explained how the company has had to target cost control in the past, particularly after its 2019 merger with First Data. 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. Wilcox received his undergraduate degree from Duke University and his Juris Doctor degree from the Georgetown University Law Center. 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. Prior to being named Chief Risk Officer she served as Chief Audit Executive at Fiserv, and held the same position at First Data prior to its combination with Fiserv in 2019. Prior to joining Fiserv, Marin was Chief Executive Officer of Citibank for Brazil, Argentina, Uruguay and Paraguay. Horvath is a graduate of the University of California, San Diego, and earned a masters degree in business administration from the Thunderbird School of Global Management. ET. The company serves clients in more than 100 countries, is one of Fortune World's Most Admired Companies . The company also sold off business units,including its Korea operations and a Costa Rica division. Under the new contract, Bisignano also receives a target annual incentive of at least $2.5 million, equity awards, use of the companys aircraft for personal travel and a company car and driver, among other benefits. The payments company renewed Frank Bisignanos contract for another five years and gave him a 6% base salary increase. Investor Relations Frank J. Bisignano (born August 9, 1959) . Subscribe to the Payments Dive free daily newsletter, Subscribe to Payments Dive for top news, trends & analysis. in Economics from Tufts University. We consolidated our data center footprint as well as redundant office locations. He has led product development and technology for three Fortune 500 companies and is recognized as a leader in the technology industry. 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. Bisignano . Anthony S. Marino is Chief Human Resources Officer (CHRO) at Fiserv, Inc. Adam Rosman is Chief Administrative Officer and Chief Legal Officer at Fiserv, Inc., leading legal, compliance, ethics, and government relations. watch now. BisignanoFirst Data CorpFiserv220 Fiserv Yabuk"First DataFrank Fiserv Names Frank Bisignano as CEO Replacing Jeffery Yabuk 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. John Gibbons serves as Head of the Europe, Middle East, and Africa (EMEA) region at Fiserv, Inc. A Message From Frank J. Bisignano Dear Stakeholders, . When asked how Fiservwould adapt in the event of an economic downturn, Bisignano, speaking Monday at Citis 2022 FinTech Conference in New York, touted the resilience and durability of the companys business. Tom is a graduate of the State University of New York-Maritime College. Prior to joining Fiserv, Horvath served as President, Multinational Clients for ADP, leading a high-growth organization and the transformation of several businesses from legacy systems to cloud and mobile-enabled solutions. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief . Frank Bisignano is Chairman, President and Chief Executive Officer of Fiserv, Inc. (NASDAQ: FISV), a global leader in financial services and payments technology solutions. 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. | 1 p.m. Frank Bisignano, Chairman, President and Chief Executive Officer The company serves clients in more than 100 countries, and has been recognized as one of FORTUNE World's Most Admired Companies for 11 of the past 14 years. 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. When asked about employee cuts the company has made this year, Bisignano said they werent in response to this years pressures. I think its about investment strategy in our business, he said. Fiserv actually ended up shaving $1.2 billion in half that time, and stopped counting synergies at the end of last year when we hit the $1.2B number, Cave said in an email. Patels experience includes 16 years at JPMorgan Chase & Co, where he was a top-ranked equity analyst in the investment bank, and later served as head of strategy within the companys mortgage banking division. 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. Keep up with the story. Gibbons is a graduate of the University of Connecticut and is a dual citizen of both the United States and the U.K. Robert (Bob) Hau is Chief Financial Officerat Fiserv, Inc., and provides oversight for all financial functions of the company. Our approach to Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) at Fiserv reflects our global presence, and is embedded in how we innovate, operate and deliver products and services to our clients every day. Brookfield, Wisconsin-based Fiserv offers payments, financial technology and merchant services. Frank Bisignano | Board of Directors | Fiserv, Inc. Payments giant Fiserv has signed a new five-year employment contract with CEO Frank Bisignano that gives him a 6% salary boost. FiservFrank Bisignano --(WikiFX) Early in 2021, we increased our commitment to helping small, minority-owned businesses from $10 million to $50 million. , 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, Eugene Gologursky / Stringer via Getty Images. Prior to that, he was Senior Vice President, Enterprise Shared Services Counsel at USAA. His experience spans the spectrum from creating start-up operations for small businesses in emerging markets to leading global divisions of large multinational corporations. Issuer Solutions includes credit and retail card processing, loans processing, customer communications, plastics manufacturing and personalization, commercial payments, and licensed financial software systems. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover cloud- based point-of-sale and business management platform. Executive Leadership | Fiserv, Inc. 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. He has donated hundreds of thousands of dollars towards Republican campaigns, including a $125,000 contribution to Trump Victory in 2019. 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. We have also further enhanced our sustainability practices to support the growth of our ESG program. 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. In light of inflation pressures and rising unemployment, Bisignano said he does worry about the tougher economic environment. Fiserv CEO Frank Bisignano getting a slight raise in 2023 with new In this role he leads the global HR team, responsible for attracting, developing and retaining the talent necessary to achieve the companys goals and in building the high-performance culture necessary for continued domestic and global expansion. Fiserv CEO Frank Bisignano asserted in a December interview that the company's employee cuts were not made in response to last year's pressures, but reflected Fiserv's long-term strategy following the First Data merger. "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. The company serves clients in more than 100 countries, and in 2021 was recognized among . View source version on businesswire.com: https://www.businesswire.com/news/home/20221221005599/en/, Media Relations: She also served as a liaison to the Federal Financial Institutions Examination Council (FFIEC). Frank Bisignano . . And I think our banking set of operating systems are of mission-critical nature for our financial institutions., He explained how the company has had to target cost control in the past, particularly after its 2019, . When asked how Fiservwould adapt in the event of an economic downturn, Bisignano, speaking Monday at Citis 2022 FinTech Conference in New York, touted the resilience and durability of the companys business. In November 2022, Fiservs board adopted an executive severance policyresembling a prior shareholder proposal that had won shareholder approval earlier last year. [14][15][16] Bisignano is also on the boards of organizations such as Continuum Health Partners and the Metro Atlanta Chamber of Commerce. His background also includes serving as Assistant U.S. Attorney and Deputy Staff Secretary to President Bill Clinton from 2000 to 2001. 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. Fiserv shed employees and sold off business units in 2022 as it faced profit margin pressure. ET, Presented by studioID and Dun and Bradstreet, Fiserv divestiture hints at strategy shift, Fiserv sheds Korea unit, plans move to Milwaukee, FedNow chases real-time payments front-runners, Synchrony, Bread brace for potential late fee cap impact, Identity verification in the era of digital payments, How Restaurants Can Turbocharge Loyalty Programs with Payment Data. Marino also served as CHRO at Ally Financial, where he was instrumental in the restructuring and turnaround of the nations largest auto finance company. Britt ZarlingCorporate Communications 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 touts $650M acquisition of Finxact | Payments Dive 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. Shub Mukherjee - Senior Vice President of Investor Relations. The rule clarification requires more than one debit network be available for routing transactions, including online. 03:44. Published Dec. 19, 2022 Caitlin Mullen Reporter. Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. On Thursday, March 2, Frank Bisignano, Chairman, President, and Chief Executive Officer, will present at the Evercore ISI Payments & Fintech Innovators Forum, at 2:00 p.m. He became Chairman of the Board in May of 2022. Christopher (Chris) M. Foskett is Chief Revenue Officer at Fiserv, Inc. This commitment funded our Back2Business program, now in its second year, through which we have already awarded more than 1,400 grants to small, diverse businesses globally and bolstered the entrepreneurial ecosystems that sustain them.