Fiserv (FI) Falls to All-Time Low on Board Reshuffle

We recently published 10 Stocks Plunging Fast; 5 Now at All-Time Lows. Fiserv Inc. (NYSE:FI) is one of the worst-performing stocks on Wednesday.

Fiserv fell to an all-time low on Wednesday, as investors unloaded portfolios following announcements of a board reshuffle and plans to transfer to the Nasdaq stock exchange.

At intra-day trading, the stock dropped to its lowest level of $66.58 before trimming gains to finish the day just down by 44.04 percent at $70.60 apiece.

In an updated report, Fiserv Inc. (NYSE:FI) said incumbent Chairman Doyle Simons will step down from his post, to be replaced by Gordon Nixon—former CEO of the Royal Bank of Canada—who will likewise join the board of directors, along with Céline Dufétel, and Gary Shedlin.

Shedlin—former Finance chief of BlackRock—will also replace Kevin Warren as chairman of the audit committee, while Dufetel—incumbent CFO of Bridgewater Associates—will join as a member of the audit committee.

The leadership changes will take effect on January 1, 2026.

Meanwhile, Fiserv Inc. (NYSE:FI) also announced that it would transfer the listing of its shares and bonds to the Nasdaq beginning November 11, 2025. The shares will be traded under the ticker symbol “FISV.”

In the third quarter of the year, Fiserv Inc. (NYSE:FI) grew its attributable net income by 40 percent to $792 million from $564 million in the same period last year. Total revenues ended flat at $5.26 billion.

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Disclosure: None. This article is originally published at Insider Monkey.