Fiserv Elects New Directors, Adjusts Executive Compensation
Ticker: FISV · Form: 8-K · Filed: Mar 13, 2024 · CIK: 798354
| Field | Detail |
|---|---|
| Company | Fiserv Inc (FISV) |
| Form Type | 8-K |
| Filed Date | Mar 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
Fiserv adds two directors and updates exec pay packages.
AI Summary
On March 12, 2024, Fiserv, Inc. announced changes to its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Sarah L. Bucher and Mr. David L. Hoffman, to its board. Additionally, the company entered into new employment agreements with certain executive officers, including Mr. Frank J. Bisignano, CEO, and Mr. Robert J. McCoy, CFO, detailing their compensation arrangements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive compensation adjustments, which are common and typically do not indicate significant new risks.
Key Players & Entities
- Fiserv, Inc. (company) — Registrant
- Sarah L. Bucher (person) — Newly elected director
- David L. Hoffman (person) — Newly elected director
- Frank J. Bisignano (person) — CEO and executive officer
- Robert J. McCoy (person) — CFO and executive officer
FAQ
Who are the newly elected directors at Fiserv, Inc. as of March 12, 2024?
As of March 12, 2024, Fiserv, Inc. elected Ms. Sarah L. Bucher and Mr. David L. Hoffman as new directors.
What is the effective date of the reported changes in the 8-K filing?
The earliest event reported in the 8-K filing is dated March 12, 2024.
What specific items are covered in this 8-K filing for Fiserv, Inc.?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
Which executive officers have new employment agreements mentioned in the filing?
The filing mentions new employment agreements with certain executive officers, including CEO Frank J. Bisignano and CFO Robert J. McCoy.
In which state is Fiserv, Inc. incorporated?
Fiserv, Inc. is incorporated in Wisconsin.
Filing Stats: 788 words · 3 min read · ~3 pages · Grade level 9.7 · Accepted 2024-03-13 16:44:08
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share FI The New York Stock Exc
Filing Documents
- d793857d8k.htm (8-K) — 33KB
- 0001193125-24-066902.txt ( ) — 208KB
- fi-20240312.xsd (EX-101.SCH) — 5KB
- fi-20240312_def.xml (EX-101.DEF) — 14KB
- fi-20240312_lab.xml (EX-101.LAB) — 24KB
- fi-20240312_pre.xml (EX-101.PRE) — 15KB
- d793857d8k_htm.xml (XML) — 10KB
SIGNATURES
SIGNATURES 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. FISERV, INC. Date: March 13, 2024 By: /s/ Robert W. Hau Robert W. Hau Chief Financial Officer