He is a philanthropic leader who has been recognized by numerous organizations for his charitable efforts. While at First Data, he was Executive Vice President, Head of Corporate and Business Development and Co-Head of Global Financial Solutions. 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.". Fiserv headquarters in Brookfield, Wisconsin. 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. Neil H. Wilcox is Head of Corporate Social Responsibility at Fiserv, Inc., leading the companys focus on corporate citizenship and social responsibility, including strategies to build upon its success in community and non-profit engagement, diversity and inclusion, and global philanthropy and volunteerism. | 1 p.m. The change could present an opportunity for Fiserv, which owns debit networks Star and Accel. Hau has nearly 30 years of experience in business and financial leadership roles. I think its about investment strategy in our business, he said. 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. 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. 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 . The change could present an opportunity for Fiserv, which owns debit networks Star and Accel. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief Executive Officer. Bisignano also was asked about the impact of a new Federal Reserve debit ruleaimed at increasing competition in the industry. 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. Thu, Aug 19 2021 7:22 PM EDT. In this role, Gibbons is responsible for leading the business across the EMEA region, where Fiserv has operations in 13 countries and provides issuing, payments software, merchant acquiring and processing services to financial institutions, Fintechs, enterprise and small- and medium-sized businesses. Brookfield, Wisconsin-based Fiserv offers payments, financial technology and merchant services. Fiserv, Inc.+1 212-515-0278 Chairman, President and Chief Executive Officer. Sebby holds a bachelors degree from Buena Vista University. The new contract also includes a variety of governance enhancements to more closely align with market standards. He resides in New York with his wife and three children. Bisignano will replace Jeffery Yabuk and will take over for the company's apex position on July 1. Marino also served as CHRO at Ally Financial, where he was instrumental in the restructuring and turnaround of the nations largest auto finance company. Webinar Still, others have noted Fiservs margin expectation for 2022 may prove difficult to achieve. New contract extends term through 2027 and enhances governance features. 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. Prior to that, he was Senior Vice President, Enterprise Shared Services Counsel at USAA. Bisignano joined Fiserv in 2019 through the acquisition of First Data, where he was Chairman and Chief Executive Officer. Payments giant Fiserv has signed a new five-year employment contract with CEO Frank Bisignano that gives him a 6% salary boost. In this role he partners closely with the companys business leaders in the development and commercialization of the next generation of Fiserv solutions. His experience spans the spectrum from creating start-up operations for small businesses in emerging markets to leading global divisions of large multinational corporations. Previously, Wilcox was Senior Vice President and Associate General Counsel at First Data. 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. ET, Presented by studioID and Dun and Bradstreet, Fiserv maniacally focused on expense management, Fiserv stands by profit margin expansion target, CEOs Sound Off: Payments execs navigate economic turmoil, 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. 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. Tue, Jul 27 2021 11:25 AM EDT. Frank Bisignano is Chairman, President and Chief Executive Officer of Fiserv, Inc. (NASDAQ: FISV), a global leader in financial services and payments technology solutions. New contract extends term through 2027 and enhances governance features. 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. 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. Kereere serves as a non-executive Director on the board of Grange Insurance Company and has previously served on the boards of the National Retail Federation Foundation and the American Red Cross (New York). 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. . Amid a tougher macroeconomic environment last year, resembling a prior shareholder proposal that had won shareholder approval earlier last year. , 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. Prior to joining Fiserv, he was Executive Vice President and Chief Financial Officer of TE Connectivity Ltd., a $12 billion global product technology company. Some workers were offered the chance to relocate to Berkeley Heights, New Jersey, where the company recently opened one of its hub facilities. 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. . Prior to joining Fiserv, Marin was Chief Executive Officer of Citibank for Brazil, Argentina, Uruguay and Paraguay. He has lectured extensively as an Adjunct Professor of Law at Georgetown University Law Center. We expanded our Scope 3 GHG emissions reporting to include categories beyond business travel. He is a member of the Board of Directors for Finxact, Apiture and Verisk Analytics (VRSK), which he serves as Lead Independent Director. Previously, Marin served as CEO of Citibank in Brazil and Corporate and Investment Bank Head for Latin America. As CFO of First Data, Patel was a key leader in the turnaround of the company. Yes, our merchant business will be affected by consumer spending, but recognize that we have a lot of what I would call staple-related products that we have very, very large market share in, Bisignano said during a webcast of his appearance. Fiserv CEO Frank Bisignano said this week the payments processing giant is equipped to manage "tough times.". 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. The company has maintained that it has about 44,000 employees around the world. The same notice requirement applies when Fiserv establishes a new severance policy that affects such severance cash benefits. 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. He is the driving force behind the companys Military and Veterans Affairs function which focuses on the employment of military members, their spouses and veterans who have sacrificed much to serve their country. Previously, Rosman was General Counsel of OneMain Financial, one of Americas largest consumer lenders, where he oversaw legal, compliance, government relations and audit. Fiserv actually ended up shaving $1.2 billion in half that time, and, We said when we were doing that, that we would be a different company,, Yes, we did announce that we were going to relocate people, we were going to have synergies. Foskett chairs the Board of Directors for Allied Irish Bank Merchant Services. 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. 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. He previously served as the CEO of First Data Corporation and the COO of JPMorgan Chase. Chiarello has been at the forefront of banking, technology, and innovation for more than 30 years. Previously, Hau served as Chief Financial Officer for Lennox International Inc. Hau also spent 22 years at Honeywell International Inc. in a variety of progressive financial and operations leadership roles, including serving as Chief Financial Officer of its Aerospace Business Group, Specialty Materials Business Group and Aerospace Electronic Systems Unit. Himanshu Patel is Co-Head of the Banking organization at Fiserv, Inc. 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.. 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 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 . In light of inflation pressures and rising unemployment, Bisignano said he does worry about the tougher economic environment. Phil Murphy and Fiserv CEO Frank Bisignano will hold a ceremony Thursday morning in Berkeley Heights, welcoming the company and approximately 2,000 new high-paying, high-tech jobs to the state. I like to believe that were maniacally focused where we need to be on what things to pull back and what things to continue, Bisignano said. [5][11][12][13] He oversaw a technological push at the company, and in 2014 First Data collaborated with Apple Inc. on Apple Pay.