8-KOther Events

FISERV INC 8-K Report (May 27, 2003)

Filed May 27, 2003For Securities:FISV

Summary

Fiserv, Inc. (FISV) announced on May 22, 2003, a significant addition to its Board of Directors with the appointment of Thomas C. Wertheimer. Mr. Wertheimer is a retired Senior Audit Partner from PricewaterhouseCoopers LLP (PWC), bringing extensive experience in auditing large public companies. His background includes serving as the Worldwide Audit Partner for Ford Motor Company and as Lead Audit Partner for several other major corporations such as Bank One Corporation, The Kroger Company, Limited Brands, Inc., and Wendy’s International, Inc. This appointment is likely to enhance the board's financial oversight and corporate governance expertise, which is a positive signal for investors concerned with financial reporting and accountability.

Key Highlights

  • 1Fiserv, Inc. appointed Thomas C. Wertheimer to its Board of Directors.
  • 2Mr. Wertheimer is a retired Senior Audit Partner from PricewaterhouseCoopers LLP (PWC).
  • 3His experience includes serving as Lead Audit Partner for numerous large public companies.
  • 4He was the Worldwide Audit Partner for Ford Motor Company from 1996 to 2000.
  • 5The appointment is effective as of May 22, 2003.
  • 6This event is disclosed under Item 5 (Other Events and Regulation FD Disclosure) of the Form 8-K.
  • 7The filing was made on May 27, 2003.

Frequently Asked Questions

Thomas C. Wertheimer is a retired Senior Audit Partner from PricewaterhouseCoopers LLP (PWC). His appointment to Fiserv's Board of Directors is significant because he brings extensive experience in auditing large public companies, including his role as Worldwide Audit Partner for Ford Motor Company. This expertise is valuable for corporate governance and financial oversight.

Mr. Wertheimer has served as Lead Audit Partner for several prominent public companies, including Bank One Corporation, The Kroger Company, Limited Brands, Inc., and Wendy’s International, Inc., in addition to his role with Ford Motor Company.

This Form 8-K filing serves to publicly announce a material event for Fiserv, Inc., specifically the appointment of a new director to its Board. It also fulfills the disclosure requirements under Regulation FD, ensuring timely and broad dissemination of this information to investors.