Based in New York City, Bisignano started his career as VP of both Shearson Lehman Brothers and First Fidelity Bank. Upon his arrival at First Data, Frank began to rapidly transform the 43-year-old company from its position as the world's largest traditional payment processor into a technology innovator for the 21st Century, According to our Database, He has no children. Cavicchia used the Metropolis platform to access emails related to the internal probe some of which were from top executives, according to the report. [17], A 2018 Bloomberg editorial suggested that in 2013, Bisignano might have been the source of a leak regarding a Federal investigation into possible manipulation of US energy markets by JP Morgan. While at JP Morgan Chase he was also CEO for a number of divisions, and he became head of US Mortgage Business in February 2011. He currently serves as the Chief Investment Officer of the hedge fund that he established. Under the new contract, Bisignano also receives a target annual incentive of at least $2.5 million, equity awards, use of the companys aircraft for personal travel and a company car and driver, among other benefits. Bisignano left Citibank in 2005 to join the large financial firm JPMorgan Chase, becoming chief administrative officer on December 5, 2005. Jamie J. Gigantiello performed a Roman Catholic blessing before the ceremony. He was CEO of Citigroups corporate and investment banking group from 2002 to 2004, overseeing a number of mergers and the acquisition of Primerica Financial Services. In a series of interviews with Fortune, Bisignano discussed how his experience in tackling past crises shaped Fiservs strategy for minimizing damage from the pandemic, while at the same time keeping the people and investments in place to thrive on the other side. Bisignano recovered so fast that in 2011, Dimon tapped him to shoulder a second job, fixing the mortgage book, largely consisting of subprime loans issued during the real estate bubble to buyers who lacked the income to make the payments. In 2021, Bisignanos total compensation was $20.4 million, according to the proxys summary compensation table. Her father is the chairman and chief executive, in the New York office, of First Data Corporation, an Atlanta company that manages debit- and credit-card transactions and is part of KKR & Company, the investment firm. According to the report, JPMorgan had evidence that the leaker may have been former Chief Operating Officer Frank Bisignano, who resigned the same year to become CEO of First Data. What to know about Frank Bisignano, Fiserv's to-be CEO - Milwaukee So, how much is Frank J. Bisignano networth at the age of 61 years old? Popularly known as the Businessperson of United States of America. Language links are at the top of the page across from the title.