Summary
Fidelity National Information Services, Inc. (FIS) announced a change to its Board of Directors through an 8-K filing on January 22, 2026. The Board has been expanded to ten directors with the appointment of Mr. Anil Srinivasa Chakravarthy, effective January 20, 2026. Mr. Chakravarthy has been deemed independent by NYSE and SEC standards and will serve until the 2026 Annual Meeting of Shareholders. This expansion and appointment are key governance updates for the company. Mr. Chakravarthy's compensation will align with the standard compensation for other non-employee directors, with a prorated initial award of restricted stock units. Notably, he has been appointed to serve on both the Audit Committee and the Risk and Technology Committee of the Board. The filing confirms no undisclosed arrangements or material interests in related person transactions involving Mr. Chakravarthy, indicating a standard and transparent onboarding process for the new director.
Key Highlights
- 1Fidelity National Information Services, Inc. (FIS) expanded its Board of Directors from nine to ten members.
- 2Mr. Anil Srinivasa Chakravarthy was elected as a new director, effective January 20, 2026.
- 3Mr. Chakravarthy has been determined to be an independent director according to NYSE and SEC regulations.
- 4The new director's term will expire at the 2026 Annual Meeting of Shareholders.
- 5Mr. Chakravarthy will receive standard compensation for non-employee directors, with prorated initial RSUs.
- 6He has been appointed to key Board committees: Audit Committee and Risk and Technology Committee.
- 7There are no disclosed related-party transactions or special arrangements concerning Mr. Chakravarthy's appointment.