Summary
Fidelity National Information Services, Inc. (FIS) has announced a key executive change, appointing Michael Nussbaum as its new Chief Accounting Officer, effective June 1, 2015. This appointment is a significant event for the company's financial leadership and operational stability. Mr. Nussbaum brings extensive experience from his previous roles, including Executive Vice President of Finance at Primerica, Inc., and prior positions at Radiant Systems Inc. and The Coca-Cola Company. His background includes over a decade in finance and accounting, culminating in his CPA certification and an accounting degree from the University of Notre Dame. Investors should note that Mr. Nussbaum's appointment is governed by a three-year employment agreement. The filing explicitly states there are no other undisclosed arrangements, family relationships with current leadership, or reportable related-party transactions. This transparency aims to assure stakeholders of a clean and professional transition in a critical financial oversight role, suggesting a focus on maintaining strong corporate governance and financial reporting integrity.
Key Highlights
- 1Michael Nussbaum appointed Chief Accounting Officer effective June 1, 2015.
- 2Mr. Nussbaum has a strong background in finance and accounting, including prior roles at Primerica, Inc., Radiant Systems Inc., and The Coca-Cola Company.
- 3He is a Certified Public Accountant (CPA) with a B.B.A. in accounting from the University of Notre Dame.
- 4The appointment is formalized through a three-year employment agreement.
- 5No other undisclosed arrangements or understandings were involved in his selection.
- 6There are no reported family relationships between Mr. Nussbaum and the Company's directors or executive officers.
- 7No related party transactions between the Company and Mr. Nussbaum are reportable under Item 404(a) of Regulation S-K.