Fiserv
Fiserv Inc. stock fell sharply after announcing CEO Mike Lyons’ departure for Truist Financial Corporation. Takis Georgakopoulos, an internal executive, has been appointed CEO. The move follows investor concerns over customer losses and weak guidance. Fiserv remains a major fintech and payments processor with 81% of revenue tied to transaction processing.
What changed
New CEO named and stock reacted negatively to Lyons’ departure on Monday, 15 June 2026.
Live updates
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Fiserv Shares Drop 7% as CEO Mike Lyons Leaves for Truist; New CEO Named
confidence 92%Fiserv Inc. stock fell sharply after announcing CEO Mike Lyons’ departure for Truist Financial Corporation. Takis Georgakopoulos, an internal executive, has been appointed CEO. The move follows investor concerns over customer losses and weak guidance. Fiserv remains a major fintech and payments processor with 81% of revenue tied to transaction processing.
What's confirmed:
- Fiserv Inc. shares fell 7% on Monday after announcing CEO Mike Lyons would leave for Truist Financial Corporation.
- Takis Georgakopoulos, a Fiserv executive, has been appointed Chief Executive Officer, bringing extensive experience in payments, technology, and financial services.
- Fiserv is a global fintech and payments company processing debit/credit transactions, ACH transfers, loans, and bill pay for banks, credit unions, and retailers.
- In 2024, 85% of Fiserv’s revenue came from the U.S. and Canada, with 81% of revenue tied to transaction processing and 19% from products like software and hardware.
- Fiserv’s stock has faced investor unease over customer losses and weak guidance, contributing to a 44% drop in late 2025.
Still unconfirmed:
- Fiserv’s Clover platform has experienced a sharp slowdown, though specifics are not confirmed in recent updates.