Fiserv, Inc. (NYSE: FI), a global provider of payment technology and financial services solutions, announced the appointment of Michael P. Lyons as Fiserv’s chief executive.
Lyon took the position with the confirmation of Frank Bisignano, FisERV’s previous chief executive, as commissioner of the Social Security Service. Lyon also participates in the FisERV Board of Directors.
“For more than 40 years, Fiserv has been a transformative power in economic technology driven by innovation and deep commitment to providing the best technology in the category, value added and service tips to our customers,” Lyon said. “I am proud to drive an organization that provides excellent solutions to financial institutions, traders and communities of all sizes, while leading to growth and long -term value for our shareholders.”
At the same time, Doyle R. Simons, previously the independent director of Fiserv, has become a non -executive chairman of the Board of Directors.
“I have the honor of taking on the role of president,” Simons said. “On behalf of Fiserv’s Board of Directors, I would like to thank Frank for his excellent leadership, vision and driving for the last five years, placing Fiserv as the top Fintech in our industry.