Summary
Fiserv, Inc. announced a significant addition to its Board of Directors with the appointment of Kevin M. Warren, effective October 30, 2020. Mr. Warren's role will be further solidified with his appointment to the nominating and corporate governance committee, commencing January 1, 2021. This strategic move indicates the company's focus on strengthening its board's expertise and oversight.
Key Highlights
- 1Appointment of Kevin M. Warren to the Board of Directors.
- 2Mr. Warren to join the Nominating and Corporate Governance Committee effective January 1, 2021.
- 3Mr. Warren will participate in standard non-employee director compensation arrangements.
- 4Mr. Warren is eligible for the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
- 5Mr. Warren will enter into the Company’s Non-Employee Director Indemnity Agreement.
Frequently Asked Questions
Kevin M. Warren has been appointed to the Board of Directors of Fiserv, Inc. His addition suggests a potential enhancement to the board's strategic direction and oversight capabilities. Further details on his professional background and experience would typically be found in a more comprehensive disclosure or proxy statement.
Mr. Warren will be compensated according to the company's standard non-employee director compensation arrangements. This includes eligibility for deferred compensation plans and an indemnity agreement, aligning his compensation with that of other board members.
While Mr. Warren was appointed to the Board of Directors on October 30, 2020, his committee assignments were not immediately determined. He is slated to join the Nominating and Corporate Governance Committee effective January 1, 2021.