People on the Move: Frank Bisignano and Ed Labry, First Data Corp. (May 2013)
The board of directors of First Data Corp., an Atlanta-based payments processor, has named Frank Bisignano CEO. He also joins the First Data board of directors. Bisignano most recently served as co-chief operating officer of JPMorgan Chase, where his responsibilities included overseeing global technology, real estate, operations, procurement, compliance, regulatory control and oversight, resiliency, security and safety, and general services for all of JPMorgan Chase’s businesses in more than 60 countries. The board also has named Ed Labry vice chairman. In this new role, he will be the senior-most adviser to the CEO, leading the company’s engagement with its premier customers and driving new enterprise client engagement, according to First Data. Labry had been serving a dual role as president of retail and alliance services and interim CEO since Jan. 28, 2013.