Fidelity National Information Services, Inc. (FIS), a provider of banking and payments technology, on Monday said its Board of Directors has elected Frank Martire as chairman of the board and chief executive officer. The company also promoted Gary Norcross as president and chief operating officer. The changes are effective immediately.
Martire joined a predecessor of FIS as chairman and chief executive officer in 2003, and was named president and chief executive officer of FIS in October 2009.
Norcross joined FIS in 1988 and has served as its chief operating officer since November 2007, after serving 11 years as president of the Integrated Financial Solutions division.
William Foley II, who has served as FIS' chairman since February 2006, will continue to serve on FIS' board of directors as vice chairman, enabling him to devote more time to his other business interests.
FIS also said Mike Hayford, chief financial officer for FIS, will assume responsibility for all merger and acquisition activity in addition to his current duties. Brent Bickett, executive vice president of corporate finance, will transition full-time to FIS' former parent, Fidelity National Financial, Inc. (FNF).
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