Charles Drucker to retire from Board of Fidelity National Information Services

Maria Nikolova

Mr Drucker will retire from the Board and his employment with the corporation effective March 1, 2020.

There are more changes among the top ranks of financial services technology provider FIS (NYSE:FIS), according to an SEC filing.

On January 30, 2020, Charles Drucker, a Director and Vice Chairman of the Board of Directors of Fidelity National Information Services, Inc. notified the corporation of his intention to retire from the Board and his employment with the corporation. The change is set to be effective March 1, 2020.

FIS says that Mr Drucker’s decision to retire from the Board and from his employment with the corporation was not based upon any disagreements with the Board or the corporation on matters related to the corporation’s operations, policies or practices.

Below is the full text of Mr Drucker’s notice of his intention to retire:

Dear Gary:

It has been a great pleasure to work with you and the executive team and Board of Directors (the “Board”) of FIS on the transition and integration of Worldpay into FIS. I am pleased that we have made tremendous progress in integrating these two great companies and I am confident that the Company is in good hands and on the right track for its future. As a result of the progress we have made, it is now time for me to provide notice of my intention to retire from the Board and the Company effective on March 1, 2020.

Please feel free to call on me where I can be of any assistance with the continued success of the Company.

Sincerely,

Charles Drucker

Mr Drucker, former executive chairman and chief executive officer at Worldpay, joined the FIS board of directors as vice chairman after the completion of the acquisition of Worldpay.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<