To quote an April 2024 article on Payments Dive: "Fiserv CEO compensation rose last year to $28M...Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash bonus."
He continues to reap the benefits of running yet another company into the ground while the employees continue to work for less than they're worth and live in constant fear of losing their jobs.
Here at Berkeley heights they’re getting rid of the coffee and other things that are provided in the kitchen areas. Funny how these perks at work when we started that were part of the reason to want to be in the office are now too expensive to provide. Maybe someone in the c suite could sell a share or two a month to cover the cost.
Frank, the wrecker of companies.
Not to mention cutting resources at a rapid pace.
Here's a ridiculous one: according to Ricoh print services (our mailroom at every office) states that FB wants to eliminate printers altogether. He had to be told we still need to print physical items like letters to send to merchants per Visa/MasterCard guidelines.
He's obsessed with cutting costs that make little business sense with miniscule impact to the operating budget.
He just wants to keep the cash flowing to his bank account. It's not about the viability of the business and he doesn't give sh-t about associates.