
Frank Bisignano's career has been marked by numerous high-profile roles. He was the CEO of First Data from 2008 to 2013.
Frank Bisignano joined First Data in 2008 as the CEO, succeeding Steve Rastorfer. He led the company for five years.
Bisignano's tenure at First Data was marked by significant changes, including the company's acquisition of several other businesses.
Here's an interesting read: Trump Nominee Frank Bisignano Faces Questions at Confirmation Hearing.
Frank Bisignano's Career
Frank Bisignano's Career is a testament to his dedication and hard work. He has more than 30 years of executive leadership experience in banks and global financial institutions.
Bisignano's career includes stints at JPMorgan Chase & Co. and CitiGroup. He also led First Data's $2.6 billion IPO in 2015.
Under his leadership, Fiserv is advancing new capabilities and accelerating growth by coupling innovation with scale and operational excellence with clients in over 100 countries. This has earned the company recognition as one of Fortune World's Most Admired Companies for nine of the last 10 years.
Bisignano has been serving as CEO of Fiserv, an honor he is incredibly proud of. He is proud of what his team has and will accomplish.
Broaden your view: Career Development Plan
Frank Bisignano in the News
Frank Bisignano has been confirmed as the new Chief of the Social Security Administration, replacing former Commissioner Martin O'Malley and acting commissioner Leland Dudek.
He takes over the agency after it has been under intense pressure from lawmakers and retirees due to ongoing issues and the Department of Government Efficiency's (DOGE) actions.
Frank Bisignano has a background in finance, having served as chairman of Fiserv, a payments and financial services tech firm since 2020.
During his confirmation hearing, several senators expressed concern about the state of customer service at the SSA, with Sen. Mike Crapo stating that beneficiaries are still waiting too long on hold.
Bisignano responded by aiming to get the average wait time to under a minute and decrease the erroneous payment rate.
Sen. Steve Daines also shared a personal experience of having a staff member call the SSA customer service number, which was disconnected twice after two minutes and then again after an hour of waiting on hold.
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Bisignano was questioned about the Department of Government Efficiency's efforts to close field offices and cut back on phone service at the SSA.
He responded that he has no intent to have anything like that happen under his watch and that his objective is not to touch benefits.
Republicans were largely in favor of Bisignano's nomination, with Senate Finance Chairman Mike Crapo stating that he is confident Bisignano is up to the task of leading the SSA.
However, Nancy Altman, president of Social Security Works, expressed concerns that Bisignano would make the DOGE-manufactured chaos at the SSA worse if confirmed.
On a similar theme: Senators Hold Hearing on Social Security Nominee Frank Bisignano
Frequently Asked Questions
How much did Frank Bisignano donate to Trump?
Frank Bisignano donated $125,000 to Trump Victory in 2019, in addition to hundreds of thousands of dollars to other Republican campaigns. His significant contributions to Republican causes have raised questions about his political affiliations.
How long has Frank Bisignano been with Fiserv?
Frank Bisignano joined Fiserv in 2020, after the company acquired First Data, where he was CEO. He has been with Fiserv for over 3 years, having previously held leadership roles at JPMorgan Chase.
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