Michael P. Lyons Takes the Helm as New CEO of Fiserv: A Strategic Leadership Shift
Fiserv, a leading provider of payments and financial services technology based in Wisconsin, has announced the appointment of Michael P. Lyons as its new Chief Executive Officer (CEO). This leadership change comes after the former CEO, Frank Bisignano, was confirmed as the Commissioner of the Social Security Administration.
New Leadership at Fiserv
Michael P. Lyons will not only take on the role of CEO but will also join the Fiserv Board of Directors. In a statement regarding his new position, Lyons expressed his enthusiasm for leading such an innovative organization:
“For more than 40 years, Fiserv has been a transformative force in financial technology driven by innovation and a deep commitment to delivering best-in-class technology, value-added advice, and service to our clients. I am proud to lead an organization that provides exceptional solutions to financial institutions, merchants, and communities of all sizes while driving growth and long-term value for our shareholders.”
Board Changes at Fiserv
In other significant changes, Doyle R. Simons, who previously served as the Lead Independent Director, has been appointed as the non-executive Chairman of the Board. Simons commented on his new role:
“I am honored to take the role of Chairman. On behalf of the Fiserv Board of Directors, I want to thank Frank for his outstanding leadership, vision, and drive over the past five years, positioning Fiserv as the preeminent fintech in our industry. Together with my fellow board members, we look forward to working with Mike and the entire management team as they continue to drive growth, innovation, and industry leadership.”
Looking Ahead
As Fiserv transitions to new leadership, the company aims to maintain its reputation as a leader in the financial technology sector. Both Lyons and Simons are committed to fostering innovation and enhancing the value offered to clients.
- Commitment to Innovation: Fiserv will continue to invest in cutting-edge technology.
- Client-Centric Approach: The focus remains on delivering exceptional services to clients of all sizes.
- Long-Term Growth: Strategies will be implemented to ensure sustainable growth for shareholders.
For more information on Fiserv’s latest developments and leadership updates, visit the official Fiserv website. You can also explore related news on the Finextra platform.
