FIS appoints Stephanie Ferris as Chief Administrative Officer
Stephanie Ferris, who was the former Chief Operating Officer at FIS, has rejoined the company as the new Chief Administrative Officer which is a newly created position after spending a brief period of time at Worldpay.
In this new position, she will be directly reporting to Gary Norcross, the CEO of the company and she would be involved in strategizing, and also work on mergers and acquisitions in partnership with the rest of the leadership team. She has a lot of experience in handling key positions and is considered a veteran in payments and business technology platforms and has been responsible for technology transformation at both FIS and Worldpay. Before rejoining FIS, she had worked as COO at Worldpay which was acquired by FIS in 2019, and hence she has been in touch with the working ways of FIS since then.
“I am very excited to welcome Stephanie back to FIS. She is a remarkable talent with a vision for industry transformation and a record of value-generating growth,” said Norcross. “In this new role, Stephanie will be a pivotal leader in driving our next generation of success. I am very pleased to partner with her again on the continued execution of our strategy.”
Ever since the acquisition of Worldpay in 2019, FIS has been seeing increasing revenues and with the introduction of the Open Banking hub last year, it made sure that it was in a pivotal position when the open banking concept grew and this has helped it to continue to do well over the last couple of years.
Ferris noted, “I am thrilled to re-join the FIS family. I believe in the company’s strategically competitive position to advance commerce and the financial world. FIS’ breadth of capabilities and world-class scale create sustainable competitive advantages. I look forward to working with the team to help accelerate our strategies for client and shareholder value as we advance the way the world pays, banks, and invests.”
FIS would hope that Ferris would be able to continue the growth that the company has been seeing and bring in more value for the users and also for the shareholders shortly. The company would be banking on her experience to drive through major strategies in the payments and fintech field which has been seeing a lot of interest in recent times.