Fiserv Names Takis Georgakopoulos CEO After 70% Share Drop and Mike Lyons Exit
Updated
Updated · Payments Dive · Jun 15
Fiserv Names Takis Georgakopoulos CEO After 70% Share Drop and Mike Lyons Exit
3 articles · Updated · Payments Dive · Jun 15
Summary
Takis Georgakopoulos took over as Fiserv CEO on Monday, replacing Mike Lyons after just 13 months as the payments company tries to reset after a bruising year.
Mike Lyons resigned to return to banking and is set to become Truist Financial CEO on Sept. 1, ending a tenure marked by disappointing results, a late-2025 restructuring and a declared 2026 “transition year.”
Fiserv cast Georgakopoulos as the executive to modernize its merchant platform, accelerate Clover and expand AI use across infrastructure; the former JPMorgan payments chief joined only in 2024 and rose rapidly through COO and co-president roles.
About 300 billion annual transactions run through Fiserv’s systems, but investor pressure has intensified as Clover drew criticism, shareholders sued and activist Jana Partners recently urged asset sales and board changes.