8-KLeadership ChangesExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Executive Changes (Mar 21, 2022)

Filed March 21, 2022For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced significant changes to its Board of Directors via an 8-K filing on March 21, 2022. Two new independent directors, Vijay D’Silva and Kenneth T. Lamneck, were appointed. Their appointments are intended to enhance the board's expertise in critical areas relevant to FIS's business, such as digital transformation, global payments, and technology leadership. Mr. D’Silva brings extensive experience from McKinsey & Company, focusing on digital, payments, and risk management. Mr. Lamneck, a former CEO of Insight Enterprises, offers deep expertise in technology, global operations, and finance. The company also noted that Mr. Lamneck qualifies as an Audit Committee Financial Expert and has been assigned to the Audit Committee, while Mr. D’Silva will serve on the Risk and Technology Committee. These strategic additions aim to strengthen governance and provide valuable guidance as FIS navigates the evolving financial technology landscape.

Key Highlights

  • 1Appointment of two new independent directors, Vijay D’Silva and Kenneth T. Lamneck, to the Board of Directors.
  • 2Vijay D’Silva brings deep expertise from McKinsey & Company in digital transformation, global payments, and risk management.
  • 3Kenneth T. Lamneck, former CEO of Insight Enterprises, brings extensive experience in technology, global operations, and finance.
  • 4Kenneth T. Lamneck has been designated as an Audit Committee Financial Expert and appointed to the Audit Committee.
  • 5Vijay D’Silva has been appointed to the Risk and Technology Committee, leveraging his expertise in these areas.
  • 6New directors will receive a one-time equity grant valued at $50,000 in restricted stock units, vesting in one year.
  • 7The new directors' appointments are effective immediately and they will be proposed for re-election at the May 25, 2022 annual meeting.

Frequently Asked Questions

FIS appointed Vijay D’Silva and Kenneth T. Lamneck as new directors to its Board of Directors.

Vijay D’Silva brings extensive experience in digital and analytics transformations, global payments, banking, securities, and risk management from his tenure at McKinsey & Company. Kenneth T. Lamneck offers significant expertise in global operations, technology, finance, and leadership, stemming from his CEO role at Insight Enterprises and prior executive positions.

Kenneth T. Lamneck has been assigned to the Audit Committee, and he is considered an Audit Committee Financial Expert. Vijay D’Silva has been assigned to the Risk and Technology Committee.

Mr. D’Silva and Mr. Lamneck will each receive a one-time grant of equity valued at $50,000 in the form of restricted stock units that vest one year from the grant date. They will also participate in the standard compensation program for non-management directors.