Fiserv CEO Frank Bisignano nominated as Social Security Commissioner; succession plan in place

FISERV INC

Frank Bisignano nominated by President-elect Trump to be Commissioner of the Social Security Administration; subject to Senate confirmation.
Bisignano will continue as Chairman, President and CEO of Fiserv until confirmation occurs.
Board will follow its established long-term succession plan to select a successor following confirmation.
No immediate change to management; day-to-day operations expected to continue as normal.

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