David Hunt to retire from Board of Fidelity National Information Services

Maria Nikolova

Mr Hunt is set to retire when his current term expires at FIS’s upcoming 2020 Annual Meeting of the Shareholders.

Financial services technology provider FIS (NYSE:FIS) has made an announcement about management changes in a filing with the Securities and Exchange Commission (SEC).

On January 15, 2020, David Hunt, a director of the Board of Directors of Fidelity National Information Services, Inc. since 2001, notified FIS of his intention to retire from the Board when his current term expires at the Corporation’s upcoming 2020 Annual Meeting of the Shareholders.

Mr Hunt served as Chairman of the Audit Committee from 2001 until 2019. FIS notes its great appreciation for his leadership and contributions to the Board. Mr Hunt’s decision not to stand for re-election was based on his decision to retire from his long tenured position with the Board, and was not the result of any disagreements with the Board or the Corporation on matters related to the Corporation’s operations, policies or practices.

Speaking of management changes at FIS, let’s recall that back in the summer of 2019, when FIS completed the acquisition of Worldpay, it announced that several former Worldpay executives will assume key leadership roles at FIS. Mark Heimbouch, former president and chief operating officer at Worldpay, was said to be joining FIS as president of the company’s Merchant Solutions division. Stephanie Ferris, former chief financial officer at Worldpay, would join FIS as its enterprise-wide chief operating officer. Charles Drucker, former executive chairman and chief executive officer at Worldpay, joined the FIS board of directors as vice chairman. Key leaders from Worldpay also remained with the company.

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