Frank J. Bisignano, born on August 9, 1959, stands as a prominent figure in the American business landscape, currently serving as the President and CEO of Fiserv, a global leader in financial services and payments technology solutions. His path to the top of Fiserv reflects a seasoned career filled with executive positions at prestigious financial institutions.
Commencing his journey in New York City, Bisignano's early career saw him as the Vice President of Shearson Lehman Brothers and First Fidelity Bank. The pivotal shift occurred in 1994 when he entered Citigroup, gaining recognition in the payments industry by overseeing its expansive global transaction services unit. Notably, Treasury and Risk acknowledged him as one of the "100 most influential people in finance" in 2004.
In 2005, he assumed the role of Chief Administrative Officer (CAO) at JPMorgan Chase, earning the trust of CEO Jamie Dimon during the challenging integration of Bear Stearns Cos. and Washington Mutual Inc. amid the financial crisis. His strategic acumen was further manifested in JPMorgan's acquisition of Canary Wharf property in London. By the age of 20, he had become the superior chief operating officer (COO), earning accolades as one of JPMorgan's most influential yet discreet executives.
The pinnacle of his career unfolded in 2013, when Bisignano took the reins as Chairman and CEO of First Data Corporation. A technological overhaul and a historic partnership with Apple Inc. on Apple Pay in 2014 marked his tenure, which attracted significant press coverage. Following Fiserv's acquisition of First Data in 2019, Bisignano assumed the role of Fiserv CEO in July 2020.
Beyond his corporate endeavors, Bisignano has been a consistent presence on the political landscape, aligning himself with the Republican Party and supporting figures like Donald Trump. His substantial donations to Republican campaigns, including a notable contribution to Trump's victory in 2019, underscore his political affiliations.
Noteworthy is Bisignano's status as one of the highest-paid CEOs in the United States, with reported compensations exceeding $100 million in 2017. His commitment to Fiserv was reaffirmed in 2022 with a contract extension until 2027.
In the realm of philanthropy, he leverages his position to drive positive change. Under his leadership, Fiserv launched Back2Business in 2020, a $50 million initiative supporting minority-owned small businesses. Additionally, his engagement with non-profit boards, such as the National September 11 Memorial and Museum, the Mount Sinai Health System, and The Battery Conservancy, reflects a commitment to community well-being.
Bisignano's multifaceted contributions extend beyond the corporate sphere, portraying a leader dedicated to innovation, philanthropy, and community impact. His legacy continues to evolve, leaving an indelible mark on the intersection of finance, technology, and societal well-being.