Key facts
- Dhivya Suryadevara has resigned as president of Fiserv.
- Her resignation is effective for "good reason" under her employment terms.
- Suryadevara will remain with Fiserv in a non-executive role until July 31.
- She will assist in the transition of her duties.
- Interim leaders have been appointed for the Financial Solutions unit.
- The company has not announced a permanent replacement for the president role.
Fiserv announced the resignation of its president, Dhivya Suryadevara, who is stepping down for "good reason" as stipulated in her employment terms. Suryadevara is expected to remain with Fiserv in a non-executive capacity until July 31, providing support to ensure a seamless transition of her responsibilities. The company has also confirmed the appointment of interim leaders to oversee the Financial Solutions unit during this period. The specific details of the "good reason" for her departure were not disclosed, but it aligns with contractual provisions allowing for such a move. This change in leadership at the presidential level marks a significant development for the financial technology company as it continues its strategic operations. The interim leadership for the Financial Solutions unit is intended to maintain operational continuity and strategic direction for that segment of the business. Fiserv has not yet announced a permanent replacement for Suryadevara, indicating that the search or internal consideration process is ongoing. The company's statement emphasized Suryadevara's contributions during her tenure and expressed gratitude for her continued assistance through the transition period.