Frank Bisignano, the Chairman, President, and CEO of Fiserv, a global leader in payments and financial services technology, has been nominated by President-elect Donald J. Trump to serve as the Commissioner of the Social Security Administration. Bisignano, who has been instrumental in the development of innovative financial solutions at Fiserv, will maintain his current positions until his appointment is confirmed by the U.S. Senate. The Fiserv Board of Directors has reiterated its dedication to a comprehensive succession planning process to guarantee a smooth leadership transition in the event of his departure.
Bisignano expressed gratitude for the opportunity to lead Fiserv and pride in the company’s achievements under his leadership. He also noted his excitement about contributing to the transformation of the U.S. Social Security system, calling the nomination a once-in-a-lifetime chance to serve the country. Doyle R. Simons, Lead Director of Fiserv, lauded Bisignano's impact on advancing financial innovation and affirmed the Board’s readiness to appoint a new CEO to continue building on the company’s momentum.