Fiserv names PNC exec Michael Lyons as president and CEO-elect
US fintech heavyweight Fiserv has named PNC exec Michael P. Lyons as president and CEO-elect, effective 27 January 2025.

Lyons will take the company reigns on 30 June (Image: LinkedIn)
Lyons is to succeed current Fiserv CEO Frank Bisignano, who US President Donald Trump has appointed as the commissioner of the Social Security Administration.
Bisignano will remain CEO and chairman of Fiserv until 30 June, or potentially earlier depending on his US Senate confirmation, with Lyons reporting to him during the transition period.
The outgoing CEO is credited with orchestrating the merger of Fiserv and First Data Corp in 2019. He served as chief operating officer of the combined entity before being elevated to CEO in July 2020.
Lyons, who has over 30 years of experience in financial services, was chosen to succeed Bisignano in the role after a “robust search”, says Doyle R. Simons, Fiserv’s lead independent director.
Since 2011, Lyons has worked at US banking giant PNC, serving as EVP and head of corporate and institutional banking before being promoted to president in February 2024.
His career also includes leadership roles at Bank of America and Maverick Capital, and he currently serves as chair of Early Warning Services, the owner and operator of Zelle and Paze.