https://www.wsj.com/business/c-suite/fiserv-erases-30-billion-in-market-value-after-new-ceo-pulls-guidance-63c8ba9f?st=erghX1&reflink=desktopwebshare_permalink
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Moves announced today seem to be a profound overhaul of corporate governance, which is a smart way to get ahead of the bottom feeders who assemble and inflame class actions whenever a company stumbles. But, new Board chairman and new Board Audit Committee chairman from outside, and an additional new Audit Committee member from outside? That looks like a slight rebuke to the prior Board's management oversight or lack thereof. The outgoing CFO has been with Fiserv since JY's reign, so he may have just timed out, but he also would have certified prior "incorrect" financial reporting that started the share price slide so... Great day for advocates of stronger corporate governance.
@a3 Yes in spades for over a decade. Frank is a crook.
Tell me your honest opinion. What do you think of Frank?
"The financial technology company would never be able to hit financial forecasts set by its former boss Frank Bisignano before he left for the Trump administration."
Did Frank lie?