UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 16, 2024, the board of directors of Fiserv, Inc. (the “Company”) appointed Lance Fritz to the board of directors of the Company. Mr. Fritz will serve on the audit and nominating and corporate governance committees of the board of directors. The Company’s board of directors has determined that Mr. Fritz is independent under the rules of the New York Stock Exchange and the rules and regulations of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Mr. Fritz, age 61, served as chairman, president and chief executive officer of Union Pacific Corporation, a publicly traded rail transportation company, from 2015 until his retirement in 2023. Fritz joined Union Pacific in 2000 as vice president and general manager of marketing and sales and held several executive roles during his tenure. Before joining Union Pacific, Mr. Fritz worked for Fiskars Inc., Cooper Industries, and General Electric Company. Mr. Fritz serves as a member of the board of directors of Parker-Hannifin Corporation and The Business Council. At this time, there are no transactions in which Mr. Fritz has or will have an interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Exchange Act.
Mr. Fritz will (i) participate in the Company’s standard non-employee director compensation arrangements set forth on the Non-Employee Director Compensation Schedule filed as Exhibit 10.32 to the Company’s Annual Report on Form 10-K filed on February 23, 2023, and (ii) be eligible to participate in the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan filed as Exhibit 10.2 to the Company’s Current Report on Form 8-K filed on December 1, 2017. In connection with his appointment, Mr. Fritz will enter into the Company’s Non-Employee Director Indemnity Agreement, a form of which was filed as Exhibit 10.37 to the Company’s Annual Report on Form 10-K filed on February 28, 2008. A description of Fiserv’s non-employee director compensation arrangements can be found in the section titled “Our Board of Directors-How We Are Paid” in Fiserv’s definitive proxy statement for its 2023 annual meeting of shareholders filed on April 4, 2023, and is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FISERV, INC. | ||||||
| Date: February 21, 2024 | By: | /s/ Robert W. Hau | ||||
| Robert W. Hau | ||||||
| Chief Financial Officer | ||||||