Fidelity National Information Services, Inc. Announces Executive Promotions
November 19, 2007
JACKSONVILLE, Fla., -- Fidelity National Information Services, Inc. (NYSE: FIS), a global provider of technology services to financial institutions, announced the appointment of Gary Norcross as President and Chief Operations Officer for Transaction Processing Services ("TPS") and Frank Sanchez as President of Strategic Development for TPS. Both positions report directly to Lee A. Kennedy, President and Chief Executive Officer of FIS.
As President of TPS, Norcross assumes responsibility for global banking operations, including Integrated Financial Solutions, Enterprise Banking Solutions and International. Norcross joined the company in 1988 and has served as President of the Integrated Financial Solutions ("IFS") division since 1996. Under his leadership, IFS has grown into the largest TPS division with more than $1.0 billion in annual revenue.
As President of Strategic Development, Sanchez will be responsible for the development of strategic software, processing and integrated financial services. This new role emphasizes the importance of strategic development across business unit lines serving customers globally. Sanchez joined FIS in 2003 through the company's acquisition of Sanchez Computer Associates. Throughout his career, Sanchez has provided technology innovations to the financial services and information technology industries, and has received numerous individual and corporate achievement awards.
"Gary's and Frank's leadership and strong industry expertise have helped build FIS into a leading core and payment processing provider," stated Kennedy. "This new organizational structure will enable TPS to better leverage our comprehensive product offerings and industry-leading technology to further advance our competitive position."
Source Fidelity National Information Services
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