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FIS Appoints Lee Adrean and Mark Benjamin as Independent Directors
FIS (NYSE: FIS) (“FIS” or the “Company”), a global leader in financial services technology, today announced the appointments of Lee Adrean and Mark Benjamin to the Company’s Board of Directors (the “Board”), effective January 20, 2023.
Each appointee brings extensive expertise in areas relevant to FIS’ business, including financial services, technology, corporate strategy and M&A. Both appointees also have public company board- and executive-level experience.
“We are confident Lee and Mark have the right skills and expertise to help the Board guide and oversee management as we work to enhance shareholder value,” said Jeffrey A. Goldstein, Chairman of the Board. “Lee and Mark have strong leadership experience in financial services and technology and bring a deep understanding of our sector and its opportunities. We believe their insights will be invaluable as the Board and management comprehensively assess FIS’ strategy, businesses, operations and structure. We look forward to working with them to drive stronger results and position FIS for long-term success.”
Today’s announcement reflects the Board’s ongoing commitment to maintaining an optimal mix of director skills and tenures to drive shareholder value. Upon the commencement of Mr. Adrean’s and Mr. Benjamin’s service on the Board, the Board will include five new directors appointed within the last two years, including the Company’s CEO, Stephanie Ferris.
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The Rise of Private Credit and the Need for Flexible Loan Servicing
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