Fiserv Appoints PNC Veteran Michael Lyons as President and CEO-Elect

Core Points - Fiserv has appointed Michael P. Lyons as president and CEO-elect, effective January 27, with his official role starting on June 30 or upon confirmation by the U.S. Senate [1][2] - The board of directors conducted a thorough search for a leader with industry expertise and a strong operational track record, expressing confidence in Lyons to drive innovation and shareholder value [2] - Lyons previously served as president of PNC Financial Services Group, where he led various business lines and played a key role in strategic acquisitions, including BBVA USA [3] - In addition to his role at Fiserv, Lyons is currently chair of Early Warning Services, which operates Zelle and Paze, and has a long-standing familiarity with Fiserv as an investor and banker [4] - Frank Bisignano, the current CEO, will transition to the role of commissioner of the Social Security Administration, as announced by President Trump [5]