Fiserv Appoints Takis Georgakopoulos as New CEO

Summary

Fiserv, Inc. announced on June 12, 2026, the resignation of Chief Executive Officer Michael P. Lyons, effective immediately. Takis Georgakopoulos has been appointed as the new CEO and a member of the Board of Directors, effective June 14, 2026. Georgakopoulos, who joined Fiserv in 2024, previously served as Co-President, Head of Merchant and Technology. In his new role, he will receive an annual base salary of $1,300,000, a target annual cash incentive of 200% of his base salary, and an annual equity incentive opportunity of $18,600,000. He will also receive equity awards with a total grant date value of $6,000,000. The company is reaffirming its 2026 outlook for organic revenue growth of 1% to 3% and adjusted earnings per share of $8.00 to $8.30.