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Fiserv logoFiserv FISV

Fiserv said its board appointed Ajei S. Gopal as a director on March 12, 2024. Mr. Gopal will serve on the risk committee and the nominating and corporate governance committee.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Fiserv said its board appointed Ajei S. Gopal as a director on March 12, 2024. Mr. Gopal will serve on the risk committee and the nominating and corporate governance committee.

  2. The company said its board determined that Mr. Gopal is independent under New York Stock Exchange rules and Exchange Act rules. The company said there are no transactions involving Mr. Gopal that must be disclosed under Item 404(a).

  3. The company said Mr. Gopal, age 62, has served as president and chief executive officer of ANSYS, Inc., an engineering simulation solution provider, since 2017, and as a director of ANSYS since 2011. The company also said Mr. Gopal served on the board of Citrix Systems from 2017 to 2021.

  4. The company said Mr. Gopal will take part in its standard non-employee director compensation arrangements and is eligible to participate in its Non-Employee Director Deferred Compensation Plan. The company said that in connection with his appointment, Mr. Gopal will enter into its Non-Employee Director Indemnity Agreement.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board Appoints Ajei S. Gopal as Director

Fiserv said its board appointed Ajei S. Gopal as a director on March 12, 2024. Mr. Gopal will serve on the risk committee and the nominating and corporate governance committee.

Source · Based on the filing body and exhibits

Independence Determination and Item 404(a) Transactions

The company said its board determined that Mr. Gopal is independent under New York Stock Exchange rules and Exchange Act rules. The company said there are no transactions involving Mr. Gopal that must be disclosed under Item 404(a).

Source · Based on the filing body and exhibits

Gopal Background: ANSYS CEO and Other Roles

The company said Mr. Gopal, age 62, has served as president and chief executive officer of ANSYS, Inc., an engineering simulation solution provider, since 2017, and as a director of ANSYS since 2011. The company also said Mr. Gopal served on the board of Citrix Systems from 2017 to 2021.

Source · Based on the filing body and exhibits

Non-Employee Director Pay and Indemnification Terms

The company said Mr. Gopal will take part in its standard non-employee director compensation arrangements and is eligible to participate in its Non-Employee Director Deferred Compensation Plan. The company said that in connection with his appointment, Mr. Gopal will enter into its Non-Employee Director Indemnity Agreement.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.