Fiserv CEO Frank Bisignano Remains Social Security Chief Nominee, Company Says

MT Newswires Live
01-30

Fiserv (FI) Chief Executive Frank Bisignano remains US President Donald Trump's choice to lead the Social Security Administration, a Fiserv spokesperson told MT Newswires Wednesday, refuting early reports.

A notice of withdrawal appeared on the Congress' website Tuesday, triggering several news reports earlier Wednesday. Filings available later Wednesday on the congressional website, including a link provided by the Fiserv spokesperson, instead show Bisignano's nomination was formally received by the US Senate on Jan. 28 and forwarded to the Senate Finance Committee.

A message from MT Newswires to the Senate Committee on Finance seeking additional information was not immediately returned.

Bisignano has been CEO at the financial services company since 2020, according to the company's most recent annual report. Fiserv last week named former PNC Financial Services President Michael P. Lyons as his successor, effective with Bisignano's confirmation as the Social Security chief.

Trump nominated Bisignano on Dec. 5, according to his Truth social media account.

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