Filing Summary: Fidelity National Information Services, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed on April 2, 2013, by Fidelity National Information Services, Inc. (FIS). The report discloses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the expansion of the Board of Directors:
- Board Composition: The number of Directors increased from eight to nine.
- New Appointment: James B. Stallings Jr. was elected to the Board of Directors on April 2, 2013.
- Committee Assignment: Mr. Stallings is expected to be appointed to the Risk Committee.
Management Commentary and Background
Mr. Stallings is a recently retired executive from IBM, where he held general management roles including General Manager of Enterprise Systems and Mainframes. He is currently the Managing Partner of PS 27 Ventures, a private investment fund focused on technology companies in the healthy and sustainable living market, and co-founded SmartBox, a healthy snack vending company. He is a 1978 graduate of the United States Naval Academy and a former Marine Corps officer.
Key Facts for Investor Verification
- Confirm the effective date of James B. Stallings Jr.'s board membership (April 2, 2013).
- Verify the total current size of the Board of Directors (nine members).
- Review the attached press release (Exhibit 99.1) for additional biographical details or strategic rationale.
- Note that this filing contains no financial performance updates or guidance.