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AI brief of an SEC Form 8-K · Fiserv (FISV)

Fiserv CEO Mike Lyons resigns; Takis Georgakopoulos named CEO and board member

Neutral Impact 4 of 5 leadership Written later

Fiserv CEO Michael Lyons resigned on June 12, 2026, effective immediately, to become CEO of Truist Financial Corporation, and he will receive no severance. Takis Georgakopoulos, a Fiserv executive since 2024, was appointed CEO and a board member on June 14, 2026. The company reaffirmed its 2026 outlook, which matters because it indicates no change to the financial targets set on May 5, 2026.

Key points

  • Lyons resigned as CEO and director on June 12, 2026, and will receive only accrued unpaid base salary.
  • Georgakopoulos, 56, was previously Co-President, Head of Merchant and Technology, and was Chief Operating Officer from April 2025 to December 2025.
  • His offer letter provides a $1.3 million base salary, a 200% target cash incentive and an annual equity opportunity of $18.6 million, plus a $6 million promotion equity award.
  • Fiserv reaffirmed 2026 guidance of organic revenue growth of 1% to 3% and adjusted earnings per share of $8.00 to $8.30.

The filing

CompanyFiserv (FISV)
Form8-K, current report
Filed with the SECJun 15, 2026, 8:22 AM ET
Accession number0001193125-26-270336

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.