fiserv stock being down 70% this year proves that karma truly does exist. merry christmas
17 replies (most recent on top)
Here is the current state of Fiserv and how they got there - Thanks Frank!!
https://www.tikr.com/blog/why-fiserv-nasdaq-fisv-stock-tanked-65-in-2025
@m9 Yes, Karma is a B!tch. She takes her time, and the 70% drop in the stock price is the outcome.
I kept telling my Financial Advisor that the stock will drop as the insides of the company can not withstand the level of stupidity that KKR and the C-Suite put to the employees and stockholders. It will be a very long time before Fiserv can recover, if it ever will recover.
I have a well-diversified retirement portfolio, but one (of many) parts of the portfolio was Fiserv's employee stock. 70% drop in value su-ks for those who had invested in Fiserv for 20 years.
i doubt anyone who was fired and lost their life savings has much sympathy for the executives who lost some money
$40,000 is literally impossible for 1 person to survive in NJ-NYC area.
I could live comfortably with 1% of his 1%
@ja ok. Please use your savings to buy into a non-diversified portfolio. Tell me how it goes. Unless you were part of the fraudulent old regime, i'd call that an asinine moeve.
You’re all sick ba----ds. Don’t you have anything better to do than to be posting on this site during Christmas??? Get a life!
@j9 so you’re saying the guy has no savings from being president of PNC and Maverick?
@hq Over 50% of his "salary," was salary he was supposed to receive anyways from his previous employer. Fiserv must have been so desperate enough (wonder if it the timing was necessary for FB) that they paid the same amount to have him start early instead of just waiting those months out. I would even go as far as saying the 7mil could've have been already been allocated already because he was expecting it anyways. So now he only has 4m to continue his lifestyle, so 1%.
@hh he does get 11mm dollar cash upfront. Enough for a purchase. He gets a multi-million salary too.
@he ok. 10% lol. Not sure where the unvested stock units plays into "all the money" that he has to buy stocks.
@hf what makes you say that? Thought this is going to be a donut due to the debt and horrible management team, and everyone gets fired no?
Hmm… good time to buy though and then dump when it goes to 80 or 90.
@gs are you certain about that?
In consideration of the amount of unvested equity and annual cash incentives that you will forfeit upon your termination from your current employer, you will receive the following replacement awards with a grant date of February 7, 2025:
•
A cash payment in the gross amount of $11,665,108.57 (the “Cash Payment”) intended to replace:
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$7,465,108.57 of unvested equity from your current employer that is scheduled to vest within the next month and
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$4,200,000.00, which is the cash portion of your 2024 annual incentive expected to be provided by your current employer if had you remained employed with your current employer.
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A replacement equity award comprised of 14,833.14 time-vested restricted stock units (“Replacement RSUs”) and 114,987.71 of performance share units (“Replacement PSUs”) to replace the equity you are forfeiting upon joining Fiserv.
Cash. The Cash Payment will be paid as soon as practicable after your start date, but in no event later than five business days after your start date.
RSUs. The Replacement RSUs will vest as follows: 9,725.06 will vest on December 31, 2025 and 5,108.08 will vest on December 31, 2026. Except for the vesting dates and other terms described herein and in the Executive Severance Policy, the Replacement RSUs award agreement will be in substantially the same form, and contain substantially the same terms, as the time-vesting RSU awards granted to other members of the Management Committee.
@gm. With his salary, it is nearly impossible to live comfortably and buy stocks. He isn't FB and getting paid a ridiculous amount. You will probably see that he makes 1% of what FB makes, so not sure how you're coming to this asinine conclusion. FB or PC that you?
@dq not just FB though. The new CEO who does not buy any share of the stock, distaining our company like a POS is not much better at all.
Unfortunately, those who deserved the karma took their money and went home before the crash. I’m looking at you, FB.