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AI English summary of an SEC filing — figures as filed

Fiserv logoFiserv FISV

Fiserv said President-elect Donald J. Trump announced on December 4, 2024 his appointment of Chairman, President and Chief Executive Officer Frank J. Bisignano as Commissioner of the Social Security Administration.

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

Key points

AI summary
  1. Fiserv said President-elect Donald J. Trump announced on December 4, 2024 his appointment of Chairman, President and Chief Executive Officer Frank J. Bisignano as Commissioner of the Social Security Administration.

  2. The company said Mr. Bisignano's appointment is subject to confirmation by the U.S. Senate, and he will continue in his current positions with the company until confirmation occurs.

  3. The company said its Board of Directors has an established long-term succession plan and will follow it to select Mr. Bisignano's successor.

  4. The company said it issued a press release on December 5, 2024 announcing Mr. Bisignano's nomination, and that the release was furnished as Exhibit 99.1 to Form 8-K.

Summary

AI-written

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

CEO Frank Bisignano Nominated as Social Security Commissioner

Fiserv said President-elect Donald J. Trump announced on December 4, 2024 his appointment of Chairman, President and Chief Executive Officer Frank J. Bisignano as Commissioner of the Social Security Administration.

Source · Based on the filing body and exhibits

Remains in Current Role Until Senate Confirmation

The company said Mr. Bisignano's appointment is subject to confirmation by the U.S. Senate, and he will continue in his current positions with the company until confirmation occurs.

Source · Based on the filing body and exhibits

Board Succession Plan Process for Successor

The company said its Board of Directors has an established long-term succession plan and will follow it to select Mr. Bisignano's successor.

Source · Based on the filing body and exhibits

Press Release Issued on December 5, 2024

The company said it issued a press release on December 5, 2024 announcing Mr. Bisignano's nomination, and that the release was furnished as Exhibit 99.1 to Form 8-K.

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.