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Fidelity National Information Services, Inc. 8-K Report, Executive Changes (Nov 15, 2024)

Reports
Leadership Changes·Exhibits & Filings
Filing Date
Filed November 15, 2024
Period End
November 13, 2024
Security
FIS
In the record · 2016–202610-K1110-Q338-K168

FIS filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 168 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jul ’17Jul ’17
  2. Material agreement8-K · Dec ’19Dec ’19
  3. Leadership change8-K · Aug ’22Aug ’22
  4. Leadership change8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K filed November 15, 2024. Cited figures are marked; the original filing is the authoritative source.

Fidelity National Information Services, Inc. (FIS) announced a key executive transition regarding its Chief Accounting Officer role.

Christopher A. Thompson, who returned from retirement to oversee the critical Worldpay separation, will transition to an advisory role effective November 13, 2024, with his retirement set for June 1, 2025. Mr. Thompson's expertise was instrumental during the complex Worldpay separation process.

Concurrently, FIS has appointed Alexandra Brooks as the new Executive Vice President, Chief Accounting Officer. Ms. Brooks brings extensive financial leadership experience from her previous roles at Hertz Global Holdings, Aptiv PLC, and General Electric.

Her compensation package includes a $500,000a base salary, performance-based cash incentives, long-term equity awards, and a new hire equity grant valued at $1,000,000, vesting over three years. Ms. Brooks is also designated as a participant in the Company's Executive Severance Plan.

02—Key points

Key Highlights

  1. Christopher A. Thompson, EVP & Chief Accounting Officer, is transitioning to an advisory role before his retirement on June 1, 2025.
  2. Mr. Thompson's return from retirement was instrumental in guiding the company through the Worldpay separation.
  3. Alexandra Brooks has been appointed as the new EVP & Chief Accounting Officer, succeeding Mr. Thompson.
  4. Ms. Brooks has a strong background in financial leadership, including CFO and CAO roles at Hertz Global Holdings.
  5. Ms. Brooks' compensation includes a $500,000 annual base salary.
  6. She is eligible for annual performance-based cash incentives with a target of 70% of base salary for FY2024.
  7. Ms. Brooks will receive a new hire equity award valued at $1,000,000, vesting over three years.

03—Questions

Frequently Asked Questions

  1. Why is Christopher A. Thompson transitioning out of his role?

    Mr. Thompson returned from retirement to help guide FIS through the critical Worldpay separation. Having successfully navigated this complex process, he is now transitioning to an advisory capacity before his final retirement in June 2025.

  2. Who is replacing Christopher A. Thompson as Chief Accounting Officer?

    Alexandra Brooks has been appointed as the new Executive Vice President, Chief Accounting Officer, succeeding Mr. Thompson.

  3. What is Alexandra Brooks' compensation package?

    Ms. Brooks will receive an annual base salary of $500,000. She is also eligible for annual performance-based cash incentives (targeting 70% of base salary for FY2024), annual long-term incentive awards (with a grant date fair value of $1,000,000 for FY2025), and a one-time new hire equity award of restricted stock units valued at $1,000,000 vesting over three years. She is also part of the Executive Severance Plan.

  4. What is Alexandra Brooks' relevant experience?

    Ms. Brooks has a substantial financial leadership background. Most recently, she served as Executive Vice President and Chief Financial Officer of Hertz Global Holdings, Inc. Prior to that, she held Chief Accounting Officer and Senior Vice President roles at Hertz, and various leadership positions at Aptiv PLC and General Electric.

04—Continue

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