Payments giant Fiserv names Bisignano to succeed Yabuki as CEO

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FILE PHOTO: First Data Chairman and CEO Frank Bisignano delivers a keynote address at the Transact 15 conference in San Francisco, California April 1, 2015. REUTERS/Noah Berger

NEW YORK (Reuters) – Payments giant Fiserv Inc (FISV.O) said Thursday that Frank Bisignano would become the company’s chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman until the end of the year.

The announcement, marking the end of Yabuki’s 15-year tenure at the top of the Brookfield, Wisconsin-based business, came on the day that Fiserv announced a slight increase in adjusted revenue in the

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