If you’ve been searching for “Fiserv CEO salary” or “Fiserv CEO net worth,” you’re in the right place. Fiserv, Inc. (NASDAQ: FISV) is one of the world’s largest fintech and payments companies — powering everything from merchant processing to digital banking for thousands of financial institutions globally. With a new CEO at the helm as of May 2025, there’s fresh interest in how the company compensates its top leader. This guide breaks down exactly what Fiserv’s CEO earns, how the pay package is structured, what we can estimate about net worth, and how it all compares to peers and company performance. Every figure here is sourced from SEC filings, proxy statements, and reputable financial databases.
Why People Search “Fiserv CEO Salary”
CEO compensation is one of the most-searched topics in corporate finance — and for good reason. When a company like Fiserv generates billions in annual revenue and serves clients in more than 100 countries, people naturally want to know: how much does the person running it all actually make?
Here’s what “CEO compensation” typically includes:
- Base salary — the fixed annual cash pay
- Annual cash incentive (bonus) — tied to short-term performance goals
- Stock awards (RSUs, PSUs) — long-term equity compensation
- Sign-on / make-whole payments — compensation for pay forfeited at a prior employer
- Other compensation — retirement contributions, insurance, security, perks
In this guide, you’ll learn the exact numbers for each component, how net worth is estimated, and how Fiserv’s CEO pay stacks up against competitors.
Who Is the CEO of Fiserv?
Michael P. (Mike) Lyons
Mike Lyons is the Chief Executive Officer of Fiserv, Inc., a position he assumed on May 6, 2025, after serving as President and CEO-elect. He succeeded former CEO Frank Bisignano, who departed to lead the Social Security Administration .
Career Highlights Before Fiserv
- President of The PNC Financial Services Group — Led PNC’s lines of business across retail, corporate, and institutional banking.
- Head of Corporate & Institutional Banking at PNC — Played a significant role in building PNC’s national franchise.
- Global Head of Corporate Development & Strategic Planning at Bank of America — Helped drive the bank’s growth strategy, led M&A in the private equity business, and oversaw investor relations.
- Portfolio Manager at Maverick Capital — Invested in financial institutions globally.
Education & Board Involvement
Lyons graduated from the University of Pennsylvania. He is a national trustee of the Boys & Girls Clubs of America, a board member at the University of Pittsburgh Medical Center (UPMC), board chair of the Pittsburgh Parks Conservancy, and formerly chaired the Board of Directors of Early Warning Services, LLC (owner/operator of Zelle and PAZE).
Why this matters: Lyons brings deep expertise in large-scale financial services, M&A strategy, and national banking operations. When evaluating whether CEO pay is “justified,” this kind of leadership background — and the complexity of running a $90B+ market cap fintech company — is critical context.
Good Read: PNC CEO salary
What Is the Fiserv CEO’s Salary?
Here’s where the numbers get interesting. Lyons’ compensation package was structured in two phases — a President/CEO-elect phase and a full CEO phase — each with distinct terms.
The Numbers (2025)
| Component | Amount |
| Base Salary (as CEO, effective May 2025) | $1,300,000/year |
| Base Salary (as President/CEO-elect, Jan–May 2025) | $750,000/year |
| Annual Equity Award (target) | ~$18,700,000 |
| Supplemental Equity Award (one-time) | ~$30,000,000 |
| Sign-On / Make-Whole Cash Payment | ~$11,700,000 |
| Annual Cash Incentive Target | 200% of base salary |
Sources: Fiserv SEC filings (employment offer letter, 8-K filings)
Why Is Base Salary Such a Small Part?
Lyons’ $1.3 million base salary as CEO represents a fraction of his total compensation package. Modern corporate governance holds that the majority of CEO pay should be “at risk” — tied to stock performance, financial targets, and long-term shareholder value. If the company underperforms, the CEO’s actual realized pay drops significantly.
The nearly $12 million make-whole cash payment is a one-time item designed to compensate Lyons for compensation he forfeited by leaving PNC Financial Services Group .
Quick Answer Box
- CEO: Michael P. (Mike) Lyons
- Effective Date: May 6, 2025
- Base Salary (CEO): $1,300,000/year
- Annual Equity Award: ~$18.7 million (target)
- Supplemental Equity Award: ~$30 million (one-time)
- Make-Whole Payment: ~$11.7 million (one-time)
- Source: Fiserv SEC filings (employment offer letter, 8-K, Form 4)
Fiserv CEO Compensation Breakdown
Let’s unpack each piece of the compensation puzzle.
Annual Cash Incentive / Bonus
Lyons’ annual cash incentive target is set at 200% of his base salary — meaning a target bonus of approximately $2,600,000 at the CEO-level salary . The actual payout depends on Fiserv hitting short-term financial metrics, which typically include:
- Organic revenue growth
- Adjusted earnings per share (EPS)
- Adjusted operating margin
- Free cash flow
If Fiserv exceeds targets, the payout can be higher (up to a cap). If it misses, the payout shrinks or can be zero.
Stock Awards / RSUs
Restricted Stock Units (RSUs) are shares granted to the CEO that vest over a set period (typically 3–4 years). Lyons received a massive equity package:
- Annual equity award: ~$18.7 million (target), split between RSUs and PSUs
- Supplemental equity award: ~$30 million (one-time), also split between PSUs and RSUs
In total, Lyons received 309,158 restricted stock units shortly after assuming the CEO role, boosting his direct holdings to 351,317 shares of Fiserv stock. One-third of these RSUs vest annually .
RSUs serve two purposes:
- Align the CEO’s interests with shareholders — the stock must go up for the awards to be worth more.
- Retention tool — unvested shares are forfeited if the CEO leaves prematurely.
Performance Share Units (PSUs)
PSUs come with additional performance conditions beyond time-based vesting. The CEO only receives the full award if Fiserv hits multi-year targets such as:
- 3-year cumulative EPS growth
- Total shareholder return (TSR) relative to peers
- Revenue or operating income thresholds
If the company misses targets, the payout can be reduced to zero. If it exceeds them, the payout can be multiplied up to a cap (often 200% of target).
Sign-On / Make-Whole Payment
This is a one-time cash payment of approximately $11.7 million designed to compensate Lyons for pay he forfeited by leaving PNC Financial Services Group. This is common when recruiting senior executives from other large companies — the new employer “makes whole” the compensation the executive walks away from .
Other Compensation
This catch-all category can include:
- Retirement plan contributions (401(k) match, deferred compensation)
- Relocation assistance
- Personal security arrangements
- Company aircraft usage
- Life insurance and disability coverage
These items are disclosed in the proxy statement’s “All Other Compensation” column .
CEO Net Worth: How It’s Estimated
Net worth is much harder to pin down than salary. Here’s why — and what the data tells us.
Why Net Worth Is Tricky
- Lyons is a new CEO at Fiserv, so his Fiserv-related wealth is still building.
- He has prior wealth from PNC — he owned approximately 199,095 shares of PNC stock worth over $44 million .
- Executives have private assets (real estate, investments, family wealth) that aren’t publicly disclosed.
- Stock values fluctuate daily, so any estimate is a snapshot in time.
What the Data Shows
| Source | Estimated Net Worth | Key Detail |
| QuiverQuant (Oct 2025) | ~$41.4 million | Based primarily on PNC insider holdings (199,095 shares) |
| GuruFocus | $44+ million | PNC stock holdings alone |
| Fiserv Form 4 (2025) | 351,317 shares of FISV | Direct holdings after RSU grants (value fluctuates with stock price) |
Important note: These estimates capture only publicly visible holdings. Lyons’ true net worth is likely significantly higher when accounting for:
- Cash from the ~$11.7M make-whole payment
- Historical compensation from PNC and Bank of America
- Private investments and personal assets
What Counts Toward Net Worth?
✅ Publicly visible: Shares owned outright, vested RSUs/PSUs, proceeds from stock sales (Form 4 filings), retirement plan balances.
❌ Usually NOT public: Personal real estate, private investments, family trusts, spouse’s assets, cash savings, prior employer payouts.
The Most Reliable Indicators
- Insider holdings — Shares directly owned, reported in proxy statements and Form 4 filings.
- Historical equity grants — Cumulative value of stock awards over years of service.
- Form 4 sale transactions — Filed with the SEC whenever an insider sells shares (including 10b5-1 pre-planned sales) .
Conservative range estimate: Based on publicly available data, Lyons’ net worth likely falls in the $50 million–$100+ million range, combining his PNC holdings, Fiserv equity grants, make-whole payment, and years of senior executive compensation at major financial institutions .
CEO Pay vs. Company Performance
A fair evaluation of CEO compensation requires looking at what the company delivered during the same period.
Fiserv’s Key Performance Indicators (2024–2025)
| Metric | Performance | Trend |
| Revenue Growth (FY2025) | ~4% YoY (GAAP) | Steady growth |
| Revenue Growth (FY2024) | ~7% YoY (GAAP) | Strong |
| Full-Year EPS (2024) | $5.41 | Up 7.8% vs. prior year |
| Return on Equity | 13.5% | Healthy profitability |
| Net Margins | 16.4% | Strong for the sector |
Stock Performance
Fiserv’s stock has been a strong performer relative to both the S&P 500 and fintech peers. The company’s consistent revenue growth, margin expansion, and disciplined capital allocation have driven significant shareholder value over the past several years.
Tying Pay to Results
- Short-term incentives are directly linked to annual revenue, EPS, and cash flow targets.
- Long-term equity awards vest based on multi-year TSR and cumulative financial performance.
- When Fiserv beats targets, pay goes up. When it misses, pay is reduced or forfeited.
The one-year view shows solid execution. The three-year view — which is how most PSUs are measured — shows sustained growth and stock appreciation, supporting the compensation levels offered to attract a CEO of Lyons’ caliber .
How Fiserv CEO Pay Compares to Peers
Context matters. Fiserv isn’t just any company — it’s one of the largest fintech firms in the world by market cap. Here’s how CEO pay compares to peers:
| Company | Sector | Approximate CEO Total Comp (Recent FY) | Market Cap Range |
| Fiserv (FISV) | Payments / Fintech | ~$48.7M+ (Year 1 with one-time awards) | ~$90B+ |
| FIS (Fidelity National) | Payments / Fintech | ~$18–22M | ~$40–45B |
| Global Payments (GPN) | Payments / Processing | ~$20–25M | ~$25–30B |
| PayPal (PYPL) | Digital Payments | ~$20–25M | ~$60–70B |
Note: Lyons’ first-year compensation is inflated by one-time sign-on and supplemental equity awards. His ongoing annual compensation (base + target bonus + annual equity) is more comparable to peers at ~$22–23M.
Key Takeaway
When you strip out the one-time make-whole and supplemental awards, Fiserv’s CEO compensation is broadly in line with peers of similar size and complexity. The one-time payments reflect the cost of recruiting a top executive away from a major financial institution .
Good Read: Visa CEO salary
Pay Ratio: CEO Pay vs. Median Employee Pay
What Is the CEO Pay Ratio?
The SEC requires public companies to disclose the ratio of CEO pay to the median employee’s total compensation. Fiserv’s 2025 proxy statement includes this disclosure .
For context:
- Large global companies like Fiserv typically report ratios in the 200:1 to 400:1 range.
- Fiserv’s ratio may be higher in Lyons’ first year due to one-time sign-on awards.
Important Context
Before drawing conclusions, consider:
- Fiserv has a large global workforce spanning dozens of countries with vastly different pay scales.
- Many roles are in operations, customer service, and technology support — not executive positions.
- The ratio includes part-time and hourly workers, which pulls the median down.
- Outsourced labor is generally excluded from the calculation.
The pay ratio is a useful data point but should be interpreted alongside industry norms and workforce composition .
Who Decides CEO Pay at Fiserv?
CEO compensation isn’t set by the CEO. Here’s how the process works:
The Compensation Committee
Fiserv’s Board of Directors has a dedicated Compensation and Human Capital Committee composed entirely of independent directors. This committee:
- Reviews market data and peer benchmarks
- Engages independent compensation consultants
- Sets base salary, incentive targets, and equity award levels
- Evaluates performance against pre-set goals
Shareholder Oversight
- Say-on-Pay Vote: Shareholders vote annually (advisory) on whether they approve the CEO’s compensation package. Fiserv has historically received strong shareholder support for its pay practices.
- Clawback Policies: If financial results are restated, the board can reclaim incentive pay that was based on incorrect numbers.
- Stock Ownership Guidelines: Executives are required to hold a minimum multiple of their base salary in Fiserv stock (often 6x for the CEO), ensuring long-term alignment.
- Performance Caps: Incentive payouts are capped (e.g., 200% of target) to prevent windfalls .
Common Questions (FAQ)
Who is the current CEO of Fiserv?
Mike Lyons became CEO on May 6, 2025, after serving as President and CEO-elect. He previously served as President of PNC Financial Services Group .
What is the Fiserv CEO’s base salary?
$1,300,000 per year (effective May 2025 as CEO). During his CEO-elect period (Jan–May 2025), his base salary was $750,000/year .
What is the Fiserv CEO’s total compensation (2025)?
Including one-time sign-on and supplemental equity awards, Lyons’ first-year total compensation package is valued at approximately $60+ million. His ongoing annual compensation (excluding one-time items) targets approximately $22–23 million .
Why is CEO pay so much higher than salary?
Because the vast majority of compensation comes from stock awards, performance incentives, and equity grants — not cash salary. This structure is designed to tie pay to company performance and shareholder returns.
What is the Fiserv CEO’s net worth?
Estimates based on publicly visible holdings suggest a net worth of at least $50–$100+ million, combining PNC stock holdings (~$44M), new Fiserv equity grants (351,317 shares), and the make-whole cash payment .
Where can I verify these numbers?
The most authoritative source is Fiserv’s DEF 14A Proxy Statement, filed annually with the SEC. You can access it free at sec.gov or on Fiserv’s investor relations page. Form 4 insider transaction filings are also available on the SEC’s EDGAR system .
Key Takeaways (TL;DR)
- Mike Lyons became Fiserv CEO on May 6, 2025, succeeding Frank Bisignano. He brings deep financial services leadership from PNC and Bank of America.
- Base salary is $1.3M/year — a small fraction of total compensation .
- Equity is the biggest driver: ~$18.7M annual equity award + a one-time $30M supplemental equity grant .
- One-time make-whole payment of ~$11.7M compensates for pay forfeited at PNC .
- Pay is directly tied to performance — revenue growth, EPS, operating margin, and total shareholder return determine how much the CEO actually takes home.
- Net worth is estimated at $50M–$100M+, driven by PNC stock holdings, new Fiserv equity, and years of senior executive compensation .
Governance is robust — independent board committee, Say-on-Pay votes, clawback policies, and stock ownership requirements all provide checks on compensation .