Fiserv Announces Executive Leadership Appointments

Rhea-AI Summary

Fiserv (NASDAQ: FISV) announced key executive appointments aimed at enhancing client value and sustaining growth. Guy Chiarello is promoted to Chief Operating Officer effective June 24, 2021, leveraging 30 years of experience in banking and technology. Suzan Kereere joins as Chief Growth Officer on July 6, 2021, focusing on enterprise strategy and business development. Adam Rosman returns on July 26, 2021, as Chief Administrative Officer and Chief Legal Officer, overseeing legal and compliance efforts. These appointments are expected to strengthen Fiserv's leadership team and service innovation.

Positive

• Appointment of Guy Chiarello as Chief Operating Officer to enhance client experience and support growth.
• Suzan Kereere's role as Chief Growth Officer is aimed at driving enterprise strategy and acquisitions.
• Adam Rosman rejoining as Chief Administrative Officer and Chief Legal Officer to oversee legal and compliance efforts.

Negative

• None.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced executive appointments to further the company’s goals of creating value for clients and generating strong, sustainable growth.

Guy Chiarello, currently Chief Administrative Officer of Fiserv, has been appointed Chief Operating Officer, effective June 24, 2021. In a distinguished career spanning more than 30 years, Chiarello has been at the forefront of banking, technology, and innovation. In his new role, Chiarello will continue to elevate the client experience, create a high-performance workplace and support the company’s focus on future growth. Leveraging his deep experience and building on his success driving the integration of the company’s technology strategy and operations, Chiarello will continue to partner with the company’s business leaders in the development and commercialization of the next generation of Fiserv solutions.

Suzan Kereere will join Fiserv on July 6, 2021 as Chief Growth Officer. In this newly created position, Kereere will work in partnership with Fiserv business leaders to lead enterprise strategy, acquisitions, and business development initiatives that enhance client value and accelerate growth. Kereere is an experienced global business executive with expertise in leading payments and technology platform businesses at Fortune 100 companies, and driving digital transformation, sales optimization, front-line customer engagement and inclusive growth. Most recently, Kereere served as Global Head of Merchant Sales & Acquiring at Visa. Her background also includes leadership roles at American Express, including head of its U.S. National Merchant Business and head of its Global Network Business.

Adam Rosman will rejoin Fiserv as the company’s Chief Administrative Officer and Chief Legal Officer, effective July 26, 2021. He will be responsible for its legal and compliance departments, ethics, and government relations. Rosman joins Fiserv from OneMain Financial, America’s largest personal installment loan company, where he oversaw legal, compliance, government relations and audit groups. Before joining OneMain, he served as General Counsel for First Data and played a key role in its merger with Fiserv. His background also includes serving as EVP, Group General Counsel for Willis Group Holdings, and as Assistant U.S. Attorney and Deputy Staff Secretary to President Bill Clinton.

“These highly experienced leaders will further enhance our talented leadership team and our focus on creating value for clients and their customers through our unique combination of innovative, highly differentiated solutions and services,” said Frank Bisignano, President and Chief Executive Officer of Fiserv.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. 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 solution. Fiserv is a member of the S&P 500® Index and the FORTUNE® 500, and is among FORTUNE World's Most Admired Companies®. Visit fiserv.com and follow on social media for more information and the latest company news.

FISV-G

View source version on businesswire.com: https://www.businesswire.com/news/home/20210624005591/en/

FAQ

Who has been appointed as Chief Operating Officer of Fiserv?

Guy Chiarello has been appointed as Chief Operating Officer of Fiserv effective June 24, 2021.

What is the role of Suzan Kereere at Fiserv?

Suzan Kereere will serve as Chief Growth Officer, focusing on enterprise strategy and business development.

When will Adam Rosman start his role at Fiserv?

Adam Rosman will rejoin Fiserv as Chief Administrative Officer and Chief Legal Officer effective July 26, 2021.

What is the significance of the executive changes at Fiserv?

The executive changes aim to enhance client value and support sustainable growth within the company.

What is Fiserv's stock symbol?

Fiserv's stock symbol is FISV.