Red Flags Detected
- Departure Of Ceo (new) — CEO resigned effective immediately from both executive role and board seat after just 17 months in position.
Fiserv CEO Michael Lyons resigns immediately; Takis Georgakopoulos named successor
Filed June 15, 2026 · Period ending June 12, 2026 · ~1 min read
Key Changes
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CEO Michael Lyons resigned effective June 12, 2026, from both CEO role and board seat. Company states departure was not due to disagreement on operations or policies. Lyons receives only accrued salary with no severance or equity acceleration.
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Takis Georgakopoulos, 56, appointed new CEO on June 14. He joined Fiserv in September 2024 and most recently served as Co-President. Previously spent 17 years at JPMorgan Chase, including as Global Head of Payments from 2017-2024.
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New CEO compensation: $1.3M base salary, 200% target bonus ($2.6M), and $18.6M annual equity split 60% performance shares and 40% restricted stock. Also received $6M one-time promotion equity award.
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2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 15, 2026 11:09 AM