8-KLeadership Changes

Fidelity National Information Services, Inc. 8-K Report, Executive Changes (Nov 14, 2016)

Filed November 14, 2016For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced a change in its Chief Accounting Officer (CAO) role. Michael A. Nussbaum resigned from his position effective November 8, 2016, to pursue other opportunities. Mr. Nussbaum has agreed to assist with the transition of his duties until January 31, 2017, ensuring continuity for the company. Effective November 15, 2016, Katy Thompson will assume the role of Chief Accounting Officer. Ms. Thompson brings extensive experience, having served as FIS's Chief Audit Executive since 2011 and holding prior roles at Experis™ Finance, Protiviti®, Arthur Andersen, Danka Business Systems, and NationsBank. Her appointment is supported by a three-year employment agreement, and there are no undisclosed arrangements, family relationships, or related party transactions associated with her selection.

Key Highlights

  • 1Resignation of Chief Accounting Officer Michael A. Nussbaum.
  • 2Katy Thompson appointed as the new Chief Accounting Officer, effective November 15, 2016.
  • 3Mr. Nussbaum will provide transition support until January 31, 2017.
  • 4Ms. Thompson has been with FIS as Chief Audit Executive since 2011.
  • 5Ms. Thompson possesses significant accounting and audit experience from various firms, including Arthur Andersen.
  • 6Ms. Thompson is a Certified Public Accountant (CPA).
  • 7Ms. Thompson's appointment is governed by a three-year employment agreement.

Frequently Asked Questions

Michael A. Nussbaum resigned to pursue other opportunities. He has agreed to stay on in a transitional capacity until January 31, 2017.

Katy Thompson has been appointed as the new Chief Accounting Officer, effective November 15, 2016. She has served as FIS's Chief Audit Executive since 2011 and has a strong background in accounting and audit roles at various companies, including Arthur Andersen. She is also a licensed CPA.

Ms. Thompson has entered into a three-year employment agreement for her new role. The filing states there are no other arrangements or undertakings pursuant to which she was selected, and no family relationships or related party transactions between her and the company.

Mr. Nussbaum will assist the company in providing for a meaningful transition of his duties through January 31, 2017, ensuring continuity during the handover to Ms. Thompson.