Fiserv appoints Denis J. O’Leary as Chairman of its Board of Directors
By Pavithra R
Fiserv, leading global provider of payments and financial services technology solutions has announced the appointment of Denis J. O’Leary as non-executive Chairman of Fiserv’s Board of Directors, effective from January 1, 2021.
Earlier on May 7, 2020, Fiserv announced the stepping down of Jeffery W. Yabuki, Executive Chairman of the Board from his role at the end of 2020.
“Denis brings a combination of more than a dozen years of distinguished service on the Fiserv board along with more than 40 years of technology, payments and financial services experience to this new role. We congratulate Denis on his chairmanship, and are confident that his board leadership will have a positive impact on clients, associates and shareholders for years to come,” said Yabuki.
Since 2008, Denis J. O’Leary served as a Director of Fiserv and as Lead Director since 2019. Mr O’Leary is a private investor, and from 2009 to 2015, he served as Co-Managing Partner of Encore Financial Partners, a company focused on the acquisition and management of banking organizations in the U.S. From 2006 to 2009, he was a senior advisor to The Boston Consulting Group. Through 2003, he spent 25 years at J.P. Morgan Chase & Co. and its predecessors in various capacities, including Director of Finance, Chief Information Officer, Head of Retail and Small Business Banking, Managing Executive of Lab Morgan (strategic equity investment in FinTech) and Executive VP. He holds a B.A. in economics from the University of Rochester and an MBA from the Stern School at NYU.
Mr O’Leary currently also serves as a director at CrowdStrike Holdings, a publicly-traded computer security software company, and Ventiv Technology, a privately held provider of software solutions for risk management, claims administration and policy administration.
“I look forward to working with Denis in his new role as he leads our board and supports our strategic focus of creating differentiated value for clients and shareholders. On behalf of the board and our team of more than 40,000 associates worldwide, I again thank Jeff for his leadership of Fiserv over the last 15 years, under which the Company transformed into a global leader in payments and fintech. He has been a tremendous partner and friend,” said Frank J. Bisignano, President and Chief Executive Officer of Fiserv.
Established since 1984, Fiserv is a global provider of payment and financial services technology. The FinTech aspires to move money and information in a way that moves the world. The FinTech is a member of the S&P 500 Index and the FORTUNE 500 and is among FORTUNE World’s Most Admired Companies.
Also, read: Fiserv’s Carat ecosystem enables ExxonMobil & Google Pay integration.
IBSi Daily News Analysis
January 27, 2023
Embedded finance, Web3 to trigger FinTech investment in 2023 amid looming recessionRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage