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Global Payments logoGlobal Payments GPN

Global Payments said on September 24, 2025 it increased the size of its Board from 10 to 12 directors and appointed Patricia "Patty" Watson and Archana "Archie" Deskus as new directors, effective immediately.

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

Key points

AI summary
  1. Global Payments said on September 24, 2025 it increased the size of its Board from 10 to 12 directors and appointed Patricia "Patty" Watson and Archana "Archie" Deskus as new directors, effective immediately.

  2. The company said the Board agreed with Elliott Investment Management L.P. to appoint an additional mutually agreed independent director by or immediately following the conclusion of the 2026 annual meeting of shareholders. The Board will remain at 12 directors following the 2026 annual meeting.

  3. Global Payments said the Board will establish a new ad-hoc Integration Committee to oversee the integration of Worldpay following completion of the Company's pending acquisition. The Integration Committee will focus on execution of integration initiatives and synergy realization from the Global Payments and Worldpay combination, and will consist of both new and existing directors.

  4. The company said Watson and Deskus will be compensated for their service as directors on the same basis as other non-employee directors and there are no related person transactions within the meaning of Item 404(a) of Regulation S-K between the Company and Ms. Watson or Ms. Deskus required to be disclosed. Watson most recently served as Chief Information and Technology Officer at NCR Atleos, and Deskus most recently served as Executive Vice President, Chief Technology Officer at PayPal Holdings, Inc.

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.

Board Expanded to 12 Directors; 2 New Directors Appointed

Global Payments said on September 24, 2025 it increased the size of its Board from 10 to 12 directors and appointed Patricia "Patty" Watson and Archana "Archie" Deskus as new directors, effective immediately.

Source · Based on the filing body and exhibits

Additional Independent Director Appointment Planned in Collaboration with Elliott

The company said the Board agreed with Elliott Investment Management L.P. to appoint an additional mutually agreed independent director by or immediately following the conclusion of the 2026 annual meeting of shareholders. The Board will remain at 12 directors following the 2026 annual meeting.

Source · Based on the filing body and exhibits

New Integration Committee Established to Oversee Worldpay Integration

Global Payments said the Board will establish a new ad-hoc Integration Committee to oversee the integration of Worldpay following completion of the Company's pending acquisition. The Integration Committee will focus on execution of integration initiatives and synergy realization from the Global Payments and Worldpay combination, and will consist of both new and existing directors.

Source · Based on the filing body and exhibits

New Directors' Compensation and Background

The company said Watson and Deskus will be compensated for their service as directors on the same basis as other non-employee directors and there are no related person transactions within the meaning of Item 404(a) of Regulation S-K between the Company and Ms. Watson or Ms. Deskus required to be disclosed. Watson most recently served as Chief Information and Technology Officer at NCR Atleos, and Deskus most recently served as Executive Vice President, Chief Technology Officer at PayPal Holdings, Inc.

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.