FIS Announces Officer Changes and Compensatory Arrangements

TL;DR

FIS shakes up accounting leadership, details exec pay.

AI Summary

Fidelity National Information Services, Inc. (FIS) announced on September 16, 2024, the departure of director Frank R. Martire and the appointment of Michael L. Schlosser as Chief Accounting Officer. The company also disclosed compensatory arrangements for certain officers, though specific dollar amounts for these arrangements were not detailed in this filing.

Why It Matters

Changes in key accounting and executive roles can signal shifts in financial strategy or internal controls, impacting investor confidence and operational direction.

Risk Assessment

Risk Level: medium — Changes in key financial officers and the disclosure of compensatory arrangements can introduce uncertainty regarding financial reporting and executive compensation strategies.

Key Players & Entities

• Fidelity National Information Services, Inc. (company) — Filer
• Frank R. Martire (person) — Departing Director
• Michael L. Schlosser (person) — Appointed Chief Accounting Officer
• 347 Riverside Avenue, Jacksonville, FL 32202 (location) — Company Business and Mail Address

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share FIS New York Stock Exchan

Filing Documents

• d872225d8k.htm (8-K) — 36KB
• 0001193125-24-222925.txt ( ) — 232KB
• fis-20240916.xsd (EX-101.SCH) — 6KB
• fis-20240916_def.xml (EX-101.DEF) — 16KB
• fis-20240916_lab.xml (EX-101.LAB) — 28KB
• fis-20240916_pre.xml (EX-101.PRE) — 17KB
• d872225d8k_htm.xml (XML) — 14KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 16, 2024 Fidelity National Information Services, Inc. (Exact name of registrant as specified in its charter) Georgia 1-16427 37-1490331 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 347 Riverside Avenue Jacksonville , Florida 32202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (904) 438-6000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share FIS New York Stock Exchange 0.625% Senior Notes due 2025 FIS25B New York Stock Exchange 1.500% Senior Notes due 2027 FIS27 New York Stock Exchange 1.000% Senior Notes due 2028 FIS28 New York Stock Exchange 2.250% Senior Notes due 2029 FIS29 New York Stock Exchange 2.000% Senior Notes due 2030 FIS30 New York Stock Exchange 3.360% Senior Notes due 2031 FIS31 New York Stock Exchange 2.950% Senior Notes due 2039 FIS39 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 16, 2024, the Board of Directors (the " Board ") of Fidelity National Information Services, Inc. (the " Company ") named Mr. Robert Toohey as Corporate Executive Vice President, Chief People Officer of the Company, succeeding Ms. L. Denise Williams, effective January 1, 2025. Ms. Williams will continue to serve as the Company's Chief People Officer through December 31, 2024. Prior to joining the Company, Mr. Toohey served as Chief Human Resources Officer of Allstate Insurance Company, overseeing global human resources strategy and operations. Over his 30+ year career, Mr. Toohey has held substantial human resources leadership roles at significant companies like Verizon Media and GTE Corporation. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 20, 2024 Fidelity National Information Services, Inc. (Registrant) By: /s/ Gerald W. Clanton Name: Gerald W. Clanton Title: Senior Vice President, Corporate Secretary and Deputy General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR