Form 8-K - Current report

FISERV INC false 0000798354 0000798354 2024-12-04 2024-12-04 0000798354 us-gaap:CommonStockMember 2024-12-04 2024-12-04 0000798354 fisv:SeniorNotesDue2027Member 2024-12-04 2024-12-04 0000798354 fisv:SeniorNotesDue2030Member 2024-12-04 2024-12-04 0000798354 fisv:SeniorNotesDue2025Member 2024-12-04 2024-12-04 0000798354 fisv:M3.000SeniorNotesDue20312Member 2024-12-04 2024-12-04 0000798354 fisv:M4.500SeniorNotesDue20311Member 2024-12-04 2024-12-04

 

 

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):

December 4, 2024

 

 

Fiserv, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Wisconsin		1-38962		39-1506125
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

600 N. Vel R. Phillips Avenue, Milwaukee, Wisconsin 53203

(Address of Principal Executive Offices, Including Zip Code)

[phone]

(Registrant’s telephone number, including area code)

 

 

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		FI		The New York Stock Exchange
1.125% Senior Notes due 2027		FI27		The New York Stock Exchange
1.625% Senior Notes due 2030		FI30		The New York Stock Exchange
2.250% Senior Notes due 2025		FI25		The New York Stock Exchange
3.000% Senior Notes due 2031		FI31		The New York Stock Exchange
4.500% Senior Notes due 2031		FI31A		The 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. ☐

 

 

 

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Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 4, 2024, President-elect Donald J. Trump announced his appointment of Frank J. Bisignano, Chairman, President and Chief Executive Officer of Fiserv, Inc. (the “Company”), to serve as Commissioner, Social Security Administration. The appointment of Mr. Bisignano is subject to confirmation by the U.S. Senate, and Mr. Bisignano will continue in his current positions with the Company until confirmation occurs. On December 5, 2024, the Company issued a press release announcing Mr. Bisignano’s nomination. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01.   Financial Statements and Exhibits.

 

(d)

Exhibits.

EXHIBIT INDEX

 

Exhibit Number		Description
99.1		Press Release of Fiserv, Inc., dated December 5, 2024.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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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: December 6, 2024				By:		/s/ Robert W. Hau
						Robert W. Hau
						Chief Financial Officer

Exhibit 99.1

 

News Release

 

For more information contact:
Media Relations:		Investor Relations:
Chase Wallace		Julie Chariell
Director, Communications		Senior Vice President, Investor Relations
Fiserv, Inc.		Fiserv, Inc.
[phone]		[e-mail]
[e-mail]

 

 

Fiserv Chairman, President and Chief Executive Officer, Frank Bisignano Nominated as Commissioner, Social Security Administration

MILWAUKEE – December 5, 2024 - Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Frank Bisignano, Fiserv Chairman, President and Chief Executive Officer, has been nominated by President-elect Donald J. Trump as the Commissioner, Social Security Administration.

The appointment of Mr. Bisignano is subject to confirmation by the U.S. Senate, and Mr. Bisignano will continue in his current positions with the Company until confirmation occurs. The Fiserv Board of Directors has an established, long-term succession plan which it will follow to select a successor to Mr. Bisignano.

“Serving as CEO of Fiserv is an honor and I am incredibly proud of what our team has and will accomplish,” said Frank Bisignano, Chairman, President and Chief Executive Officer of Fiserv. “I am honored to have this once in a lifetime opportunity to serve my country. I thank President-elect Trump and, if confirmed, look forward to applying my experience to transform our social security system.”

Doyle R. Simons, Lead Director of Fiserv, said, “Under Frank, Fiserv has excelled in advancing finance, technology and payments innovations to the benefit of financial institutions, businesses and communities large and small. Succession planning has always been a priority for the Board, and we will follow our well established succession planning process to select a new CEO to continue to build on this momentum.”

About Fiserv

Fiserv, Inc. (NYSE: FI), a Fortune 500 company, 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 and business management platform. Fiserv is a member of the S&P 500^® Index and has been recognized as one of Fortune^® World’s Most Admired Companies^™ for 9 of the last 10 years. Visit fiserv.com and follow on social media for more information and the latest company news.

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News Release

 

FI-G

# # #

Document and Entity Information	Dec. 04, 2024
Document And Entity Information [Line Items]
Entity Registrant Name	FISERV INC
Amendment Flag	false
Entity Central Index Key	0000798354
Document Type	8-K
Document Period End Date	Dec. 04, 2024
Entity Incorporation State Country Code	WI
Entity File Number	1-38962
Entity Tax Identification Number	39-1506125
Entity Address, Address Line One	600 N. Vel R. Phillips Avenue
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53203
City Area Code	(262)
Local Phone Number	879-5000
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Common Stock [Member]
Document And Entity Information [Line Items]
Security 12b Title	Common Stock, par value $0.01 per share
Trading Symbol	FI
Security Exchange Name	NYSE
Senior Notes Due 2027 [Member]
Document And Entity Information [Line Items]
Security 12b Title	1.125% Senior Notes due 2027
Trading Symbol	FI27
Security Exchange Name	NYSE
Senior Notes Due 2030 [Member]
Document And Entity Information [Line Items]
Security 12b Title	1.625% Senior Notes due 2030
Trading Symbol	FI30
Security Exchange Name	NYSE
Senior Notes Due 2025 [Member]
Document And Entity Information [Line Items]
Security 12b Title	2.250% Senior Notes due 2025
Trading Symbol	FI25
Security Exchange Name	NYSE
M 3.000 Senior Notes Due 20312 [Member]
Document And Entity Information [Line Items]
Security 12b Title	3.000% Senior Notes due 2031
Trading Symbol	FI31
Security Exchange Name	NYSE
M 4.500 Senior Notes Due 20311 [Member]
Document And Entity Information [Line Items]
Security 12b Title	4.500% Senior Notes due 2031
Trading Symbol	FI31A
Security Exchange Name	NYSE

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