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Fiserv names Raj Seshadri director from Nov. 30, 2026

Henrique De Castro will remain on Fiserv's board through the 2027 annual shareholder meeting and will not seek re-election.

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Form Type
8-K

Rhea-AI Filing Summary

Fiserv, Inc. appointed Raj Seshadri to its board of directors, effective November 30, 2026. The board determined that she is independent under relevant securities exchange rules and the rules and regulations of the Exchange Act. Seshadri will participate in the company's standard non-employee director compensation arrangements, be eligible for its Non-Employee Director Deferred Compensation Plan, and enter into a director indemnity agreement.

Henrique De Castro informed Fiserv that he will not stand for re-election at the 2027 annual shareholder meeting and will continue as a director until then. Fiserv stated that his decision is not due to disagreement with management about the company's operations, policies, or practices.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Director appointment effective date November 30, 2026 Raj Seshadri's appointment to the board
Age 61 years Raj Seshadri's age stated in the director appointment disclosure
Raymond James Financial board service Since 2019 Raj Seshadri's board service
independent regulatory
"independent under relevant securities exchange rules"
Non-Employee Director Deferred Compensation Plan financial
"eligible to participate in the Company's Non-Employee Director Deferred Compensation Plan"
Non-Employee Director Indemnity Agreement regulatory
"enter into the Company's Non-Employee Director Indemnity Agreement"

FAQ

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What experience does FISV director Raj Seshadri have?

Raj Seshadri has served as Senior Strategic Advisor to Mastercard's CEO since August 2026 and previously held Mastercard roles including Chief Commercial Payments Officer from 2024 to 2026, President, Data and Services from 2020 to 2024, and President, U.S. Issuers from 2016 to 2020. She has served on Raymond James Financial's board since 2019 and held leadership roles at BlackRock, Citigroup, U.S. Trust, and McKinsey & Company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FISERV INC false 0000798354 0000798354 2026-10-22 2026-10-22 0000798354 us-gaap:CommonStockMember 2026-10-22 2026-10-22 0000798354 fi:A1.125SeniorNotesDueJuly2027Member 2026-10-22 2026-10-22 0000798354 fi:A2.875SeniorNotesDueJune2028Member 2026-10-22 2026-10-22 0000798354 fi:M1.625SeniorNotesDue20304Member 2026-10-22 2026-10-22 0000798354 fi:M3.750SeniorNotesDue20301Member 2026-10-22 2026-10-22 0000798354 fi:M3.000SeniorNotesDue20312Member 2026-10-22 2026-10-22 0000798354 fi:M4.500SeniorNotesDue20313Member 2026-10-22 2026-10-22 0000798354 fi:A3.5SeniorNotesDueJune2032Member 2026-10-22 2026-10-22 0000798354 fi:A4.25SeniorNotesDueJune2034Member 2026-10-22 2026-10-22 0000798354 fi:A4.0SeniorNotesDueJune2036Member 2026-10-22 2026-10-22
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

October 22, 2026

 

 

Fiserv, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Wisconsin   1-38962   39-1506125

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

600 N. Vel R. Phillips Avenue, Milwaukee, Wisconsin 53203

(Address of Principal Executive Offices, Including Zip Code)

(262) 879-5000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.01 per share   FISV   The NASDAQ Stock Market LLC
1.125% Senior Notes due 2027   FISV27   The NASDAQ Stock Market LLC
2.875% Senior Notes due 2028   FISV28C   The NASDAQ Stock Market LLC
1.625% Senior Notes due 2030   FISV30   The NASDAQ Stock Market LLC
3.750% Senior Notes due 2030   FISV30A   The NASDAQ Stock Market LLC
3.000% Senior Notes due 2031   FISV31   The NASDAQ Stock Market LLC
4.500% Senior Notes due 2031   FISV31A   The NASDAQ Stock Market LLC
3.500% Senior Notes due 2032   FISV32   The NASDAQ Stock Market LLC
4.250% Senior Notes due 2034   FISV34   The NASDAQ Stock Market LLC
4.000% Senior Notes due 2036   FISV36   The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Director Appointment

On October 22, 2026, the board of directors of Fiserv, Inc. (the “Company”) appointed Raj Seshadri to the board of directors of the Company effective November 30, 2026. The Company’s board of directors has determined that Ms. Seshadri is independent under relevant securities exchange rules and the rules and regulations of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Ms. Seshadri, age 61, has served as Senior Strategic Advisor to the CEO of Mastercard Incorporated (“Mastercard”), a global payments company, since August 2026, and previously served as Chief Commercial Payments Officer of Mastercard from 2024 to 2026, President, Data and Services of Mastercard from 2020 to 2024, and President, U.S. Issuers of Mastercard from 2016 to 2020. Prior to joining Mastercard, Ms. Seshadri held various leadership roles at BlackRock, Inc., Citigroup Inc., U.S. Trust, and McKinsey & Company. Ms. Seshadri has served on the board of directors of Raymond James Financial, Inc. since 2019. There are no arrangements or understandings between Ms. Seshadri and any other person pursuant to which she was selected as a director of the Company. At this time, there are no transactions in which Ms. Seshadri has or will have an interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Exchange Act.

Ms. Seshadri will (i) participate in the Company’s standard non-employee director compensation arrangements set forth on the Non-Employee Director Compensation Schedule filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q filed on August 7, 2026, and (ii) be eligible to participate in the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan filed as Exhibit 10.29 to the Company’s Annual Report on Form 10-K filed on February 19, 2026. In connection with her appointment, Ms. Seshadri will enter into the Company’s Non-Employee Director Indemnity Agreement, a form of which was filed as Exhibit 10.28 to the Company’s Annual Report on Form 10-K filed on February 19, 2026.

Director Retirement

On October 22, 2026, Henrique De Castro, a member of the board of directors, informed the Company of his decision not to stand for re-election at the Company’s 2027 annual shareholder meeting (the “Annual Meeting”). Mr. De Castro will continue to serve as a director until the Annual Meeting. His decision not to stand for re-election is not as a result of any disagreement with management on any matter relating to the Company’s operations, policies, or practices.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    FISERV, INC.
Date: October 23, 2026     By:  

/s/ Paul M. Todd

      Paul M. Todd
      Chief Financial Officer

Filing Exhibits & Attachments

4 documents

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