Frank J. Bisignano (born August 9, 1959) is an American businessman and the President and CEO of
Fiserv
Fiserv, Inc. () is an American multinational company headquartered in Brookfield, Wisconsin that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities broker ...
. He previously served as the CEO of
First Data Corporation
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nea ...
and the COO of
JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...
.
Career
Based in New York City, Bisignano started his career as VP of both
Shearson Lehman Brothers
Shearson was the name of a series of investment banking and retail brokerage firms from 1902 until 1994, named for Edward Shearson Starting in 1994, he held a number of executive positions at Citigroup, with ''
American Banker
''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ...
'' writing that "he got his payments industry bona fides at Citi by running its massive global transaction services unit." In 2004 the publication ''Treasury and Risk'' named him one of the "100 most influential people in finance."
Hired as
CAO Cao or CAO may refer to:
Mythology
*Cao (bull), a legendary bull in Meitei mythology
Companies or organizations
* Air China Cargo, ICAO airline designator CAO
*CA Oradea, Romanian football club
*CA Osasuna, Spanish football club
*Canadian Assoc ...
of
JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...
in 2005, CEO
Jamie Dimon
James Dimon (; born March 13, 1956) is an American billionaire businessman and banker who has been the chairman and chief executive officer of JPMorgan Chase – the largest of the big four American banks – since 2005. Dimon was previously on ...
"trusted him with integrating the bank’s purchases of a foundering Bear Stearns Cos. and bankrupt Washington Mutual Inc. during the crisis." Bisignano was also a primary negotiator in JPMorgan's acquisition of the
Canary Wharf
Canary Wharf is an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central Lon ...
property in London, and CEO for several of JPMorgan's mortgage banking divisions. In 2012 he was promoted to co-
COO
COO or coo may refer to:
Business
* Certificate of origin, used in international trade
* Chief operating officer or chief operations officer, high-ranking corporate official
* Concept of operations, used in Systems Engineering Management Process
...
, and the ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Ni ...
'' called him "one of PMorgan most influential, yet least visible, executives."
In 2013 Bisignano became Chairman and CEO of
First Data Corporation
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nea ...
, and his tenure attracted a fair amount of coverage in the press. He oversaw a technological push at the company, and in 2014 First Data collaborated with
Apple Inc.
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company ...
on
Apple Pay
Apple Pay is a mobile payment service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web. It is supported on these Apple devices: iPhone, Apple Watch, iPad, and Mac. It digitizes and can replace a cred ...
. Bisignano is also on the boards of organizations such as
Continuum Health Partners
The Mount Sinai Health System is a hospital network in New York City. It was formed in September 2013 by merging the operations of Continuum Health Partners and the Mount Sinai Medical Center.
The Health System is structured around eight hospit ...
and the
Metro Atlanta Chamber of Commerce
The Metro Atlanta Chamber of Commerce is the chamber of commerce for the Atlanta metropolitan area. It was founded in 1859.
History
The first Atlanta Chamber of Commerce was founded in 1859, and was chiefly concerned with fighting railroad rate d ...
. Following Fiserv's acquisition of First Data in 2019, Bisignano formally assumed the role of Fiserv CEO in July 2020.
A 2018 Bloomberg editorial suggested that in 2013, Bisignano might have been the source of a leak regarding a Federal investigation into possible manipulation of US energy markets by JP Morgan.
Bisignano is consistently rated as one of the highest-paid CEOs in the United States. In 2017, the New York Times reported that his compensation exceeded $100 million. His compensation was rated at approximately $40 million in 2019. In December of 2022 Bisignano singed a new contract with Fiserv to serve as president and CEO until 2027.
Politics
Bisignano is a long-time supporter of the Republican Party, and
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
Trump graduated from the Wharton School of the University of P ...
in particular. He has donated hundreds of thousands of dollars towards Republican campaigns, including a $125,000 contribution to Trump Victory in 2019.
First Data
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nea ...