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Form 8-K · Current Report · Filed 2024-12-06

Fiserv CEO Nominated for Social Security Administration Commissioner

On December 4, 2024, President-elect Donald J.

Filer
Fiserv Inc. FI · NYSE
Filed
Accession
0001193125-24-272454
CIK
0000798354
Signal
High impactTechnology

Details

Trump announced the nomination of Frank J. Bisignano, Chairman, President, and Chief Executive Officer of Fiserv, Inc., to serve as Commissioner for the Social Security Administration. Bisignano's appointment is subject to U.S. Senate confirmation, and he will remain in his current roles at Fiserv until confirmation. The Fiserv Board of Directors has a succession plan in place to select a new CEO if Bisignano is confirmed.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Appointment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$204.00

Next session

-0.5%

Since filing

-69.0%

Latest close

$63.24

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FI reporting the same item, with the next session's move:

Exhibits (1)

About Fiserv Inc.

Fiserv Inc. is a leading global provider of financial services technology solutions. The company's primary function is to offer comprehensive financial service offerings aimed at improving customer experiences and streamlining operations for financial institutions. Fiserv specializes in digital banking solutions, card and payment services, risk management, and core account processing. Its technology enhances transaction efficiency and security for banks, credit unions, and other financial entities across various sectors. Notable for its influence in the financial technology sector, Fiserv develops innovative platforms that facilitate seamless payment processing and data analysis. This integration supports businesses in optimizing their payment technologies and customer data management. The company's robust suite of services plays a crucial role in the digital transformation of financial services, making it a significant entity in the market. Fiserv's impact extends worldwide, catering to clients ranging from small community banks to large global financial service providers. With a focus on advancing the digital economy, Fiserv drives growth and efficiency in financial transactions globally, ensuring its place as a pivotal player in the financial technology industry.

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