With experience at Fortune 100 companies across global business lines and regional high growth start-ups, Kereere is well-recognized for her accomplishments in digital transformation, sales optimization, front-line customer engagement, and inclusive growth. At First Data, now Fiserv, he was instrumental in the development of eight employee resource groups (ERGs), which provide career development, networking, and volunteerism opportunities to 40,000 associates worldwide. 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. 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. VIDEO 05:44. So this is a long-term strategy.. The company, like others in payments, is grappling with inflation and currency volatility, and those stressors are squeezing Fiservs profit margins. He has also served on the Advisory Board of the BM&F (the Brazilian Futures Exchange). Fiserv, Inc. (FISV) CEO Frank Bisignano on Q4 2021 Results - Earnings Shub Mukherjee - Senior Vice President of Investor Relations. He serves on the boards of the Minority Corporate Counsel Association and New York's Hale House Center, and is a member of the Executive Leadership Council. 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. Foskett chairs the Board of Directors for Allied Irish Bank Merchant Services. 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. His background also includes serving as Assistant U.S. Attorney and Deputy Staff Secretary to President Bill Clinton from 2000 to 2001. Prior to the combination of Fiserv and First Data Corporation, Chiarello was the President of First Data Corporation, a global leader in commerce-enabling technology. CEO Message | Fiserv 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. Fiserv Names CEO Frank Bisignano New Chairman, As Denis O'Leary To Fiserv touts $650M acquisition of Finxact | Payments Dive We have issuers, we have merchants, and we have the third-largest network, Bisignano said. Fiserv Names Frank Bisignano as CEO Replacing Jeffery Yabuk 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. Payments giant Fiserv has signed a new five-year employment contract with CEO Frank Bisignano that gives him a 6% salary boost. Throughout 2021, we continued to enhance our award-winning people platform with programs that support our associates overall health and well-being, including vaccination drives around the world. Frank Bisignano, Fiserv CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings beat, the company's future outlook and more. Sebby held several additional risk management positions during her tenure with First Data, with a significant focus on integrating regional practices into global programs. He is also a member of the Board of Directors for BlueVoyant. 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. The rule clarification requires more than one debit network be available for routing transactions, including online. The contract extends Bisignanos term as the Brookfield, Wisconsin-based companys chief executive and president to Dec. 21, 2027. Bisignano joined Fiserv in 2019 as its president and chief operating officer through Fiserv's $22 billion all-stock acquisition of New York City-based First Data Corp., of which Bisignano. Get the free daily newsletter read by industry experts, The e-commerce juggernaut said its offeringa new digital wallet service toits sellersand planning to roll it out more broadly over the next few months.. A Message From Frank J. Bisignano Dear Stakeholders, . We expanded our Scope 3 GHG emissions reporting to include categories beyond business travel. He also led its $2.6 billion initial public offering in 2015, the largest U.S. IPO of the year. Still,its share of workers outside the U.S. has grown in recent years as its overall count has stayed the same, based on regulatory filings from 2019, 2020 and 2021. Bisignano has been Fiservs CEO since July 2020, succeeding previous CEO Jeff Yabuki. 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. 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. Executive Leadership | Fiserv, Inc. 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. Marin is a Board Member of CTEEP, the largest electricity transmission company in Brazil and Latin America. watch now. Saturday, February 26th, Syracuse University honored Fiserv President and CEO and proud Syracuse parent Frank Bisignano, along with his wife Tracy and other family members, including Sam '11 and Morgan Lituchy '11, with the unveiling of the Bisignano Grand Hall and the Bisignano Family Programs and Services Wing at the National Veterans Resource Center (NVRC) at the Daniel and Gayle D . Joanne Sebby is Chief Risk Officer at Fiserv, Inc., overseeing the strategic development and execution of the companys enterprise and operational risk management programs in partnership with the companys business leaders. Previously, his base salary was $1.32 million, according to the companys 2022 proxy filing. He ruined First Data, destroyed all the culture and kept technologies in the stone ages and is now doing it with Fiserv. Wilcox joined Fiserv in September 2020 as Chief of Staff for the Office of the CEO, gaining a deep understanding of day-to-day operations across the organization and working closely with the Fiserv leadership team on a wide range of operational effectiveness initiatives. 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. 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. [18], Bisignano is consistently rated as one of the highest-paid CEOs in the United States. Christopher (Chris) M. Foskett is Chief Revenue Officer at Fiserv, Inc. Andrew Gelb serves as Head of Issuer Solutions at Fiserv, Inc., which provides credit processing and associated solutions to financial institutions, serving more than 1 billion account holders around 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 . New contract extends term through 2027 and enhances governance features. New contract extends term through 2027 and enhances governance features. The company serves clients in more than 100 countries, and in 2021 was recognized among . Guy Chiarello is Chief Operating Officer at Fiserv, Inc., overseeing the companys technology and operations with a focus on elevating the client experience, creating a high-performance workplace and supporting the companys future growth. We also extended our partnership with the Institute for Veterans and Military Families at Syracuse University and were again named to the Military Times Best for Vets Employer List and recognized as a 5-Star Employer by VETS Indexes. Hau holds a masters degree in business administration from the USC Marshall School of Business and a bachelors degree in business administration from Marquette University. , 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. It's possible Fiserv is making a lot of tech-focused hires now that its Berkeley Heights facility is officially open, while simultaneously cutting people from the parts of the business that have become lower priority, such as parts of the merchant acceptance segment that arent tied to commerce platforms Clover or Carat, said Autonomous Research Analyst Ken Suchoski. 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. Get started He also led its $2.6 billion initial public offering in 2015, the largest U.S. IPO of the year. 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. He joined Fiserv in July 2021. Its very normal in a merger to be recruiting, while also consolidating,, Webinar Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. We will generate expanding margins, Bisignano asserted Monday. The contract, which took effect Dec. 21, 2022, increases Bisignanos annual salary to $1.4 million, with the Securities and Exchange Commission. 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. 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. Frank Bisignano . At the end of the new agreements five-year period, the employment agreement automatically renews for one-year terms unless either Bisignano or the company seeks to terminate it, according to the contract attached to the filing. Keep up with the story. Get started He also served as chairman of the University of North Carolina-Wilmington International Advisory Board. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief Executive Officer. Visit fiserv.com and follow on social media for more information and the latest company news. Fiserv's downtown Milwaukee office 'wasn't a hard decision,' CEO says ", Bisignano said, "I look forward to the ongoing successful execution of our winning strategy, which is already demonstrating strong results and momentum. Looking ahead, we are well-positioned to help our clients accelerate their business strategies and drive outcomes, and we are committed to earning their trust every day. 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. [1] Following Fiserv's acquisition of First Data in 2019, Bisignano formally assumed the role of Fiserv CEO in July 2020. [2] In 2012 he was promoted to co-COO,[2] and the Financial Times called him "one of [JPMorgan]s most influential, yet least visible, executives. Global payments provider Fiserv has promoted Frank Bisignano to CEO, the company announced in a press release Thursday (May 7).. Its Board of Directors unanimously elected Bisignano to succeed . He has donated hundreds of thousands of dollars towards Republican campaigns, including a . Fiserv CEO on Q2 earnings, competition and outlook - CNBC He became Chairman of the Board in May of 2022. He played a critical role in leading the $2.6 billion First Data IPO in late 2015 and was a key partner in multiple strategic transactions including the combination of First Data with Fiserv in 2019. [17], A 2018 Bloomberg editorial suggested that in 2013, Bisignano might have been the source of a leak regarding a Federal investigation into possible manipulation of US energy markets by JP Morgan. Bisignano is a long-time supporter of the Republican Party, and Donald Trump in particular. So this is a long-term strategy.. Previously, Kereere led a multi-billion-dollar business and global team as Global Head of Merchant Sales & Acquiring at Visa. 03:44. ET. Chairman, President and Chief Executive Officer. In this role, he drives revenue growth and client retention and satisfaction through the integration and alignment of revenue-related functions across the organization based on a client-first mindset. BROOKFIELD, Wis.--(BUSINESS WIRE)--Dec. 21, 2022-- BisignanoFirst Data CorpFiserv220 Fiserv Yabuk"First DataFrank 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. 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. The contract, which took effect Dec. 21, 2022, increases Bisignanos annual salary to $1.4 million, according to a filing with the Securities and Exchange Commission. Cons. Prior to Deutsche Bank, he was at JPMorgan Chase & Co., serving as Regional Executive for EMEA and as JPMorgans Global Head of Banks and Broker Dealers for Treasury Services. Frank Bisignano | Board of Directors | Fiserv, Inc. Hau has nearly 30 years of experience in business and financial leadership roles. Chiarello has been at the forefront of banking, technology, and innovation for more than 30 years. He has led product development and technology for three Fortune 500 companies and is recognized as a leader in the technology industry. [19] His compensation was rated at approximately $40 million in 2019. , 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. The company also sold off business units,including its. . 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. Brookfield, Wisconsin-based Fiserv has shed workersthis year while grappling with profit margin pressure. 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. In addition to industry-leading data governance practices, such as our binding corporate rules, we have formalized our data governance to protect client data and safeguard our information systems. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief Executive Officer. He also noted investments such as those in the companys Clover point-of-sale operating system and recent acquisitions the company has made. Horvath, who joined Fiserv in 2017 as Executive Vice President and President, Bank Solutions, is an accomplished business professional with over 20 years of international management experience in enterprise and cloud technologies. 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. BROOKFIELD, Wis.--(BUSINESS WIRE)--Feb. 27, 2023-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced its participation in the following investor conferences. Previously, Wilcox was Senior Vice President and Associate General Counsel at First Data. Want to share a company announcement with your peers? He retired in 2010 as a member of the Senior Executive Service with the U.S. Government. Investor Relations: 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. 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. 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. Our global business serves clients in more than 100 countries, and enables more than 10,000 financial institutions and more than 6 million merchant locations every year. Fiserv headquarters in Brookfield, Wisconsin. "[7][8][9], In 2013 Bisignano became Chairman and CEO of First Data Corporation,[2][10] and his tenure attracted a fair amount of coverage in the press. 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.