Fiserv Appoints Michael P. Lyons as President and CEO-Elect

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Michael P. Lyons as President and CEO-elect of Fiserv, effective January 27, 2025.

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Michael P. Lyons (Photo: Business Wire)

Lyons will report to Frank Bisignano, who will continue in his current roles as Chairman and Chief Executive Officer until June 30, 2025, or upon an earlier confirmation by the U.S. Senate as the Commissioner, Social Security Administration. Upon Bisignano’s departure, Lyons will become Chief Executive Officer of Fiserv and a member of the Fiserv Board of Directors effective immediately.

“On behalf of the entire Board, we are excited to announce Mike Lyons as our new President and CEO-elect,” said Doyle R. Simons, Lead Independent Director of Fiserv. “The Board engaged in a robust search to find a leader with the right blend of industry depth, strategic vision, and a proven track record of delivering operational excellence and superior results. We are confident that Mike is the right choice to guide Fiserv into the next chapter of unrivaled innovation and service to financial institutions, businesses and communities around the world and continue to drive shareholder value.”

With more than 30 years of industry experience, Lyons most recently served as president of The PNC Financial Services Group where he led all of PNC’s lines of business. Lyons also served as executive vice president and head of Corporate & Institutional Banking at PNC where he played a significant role in PNC's strategic acquisitions, including BBVA USA in 2021.

Before joining PNC, Lyons held various leadership roles at Bank of America. As global head of corporate development and strategic planning, Lyons helped reposition the bank’s balance sheet and drive its growth strategy. Additionally, he led mergers and acquisitions, the private equity business, and investor relations during his tenure. Before Bank of America, Lyons served as a portfolio manager at Maverick Capital where he focused on financial institutions globally. Lyons currently serves as chair of Early Warning Services, LLC, the owner and operator of Zelle and PAZE.