Fiserv names Schultz group president

Brookfield-based Fiserv Inc. announced Kevin Schultz has been named group president of a newly formed group comprised of the firm’s consumer-focused electronic payment platforms and digital channel solutions.

Schultz has 30 years of payments and financial services experience, most recently as president of global financial services at First Data Corp., where he managed payment processing services for financial institutions across the world. Schultz previously served as global head of processing services at Visa Inc.

“Kevin brings a strong payments background and intense client focus to his new role,” said Jeffery Yabuki, president and chief executive officer. “We believe his industry knowledge and leadership experience will help us to deliver on the opportunities we see to create new value for financial institutions and their customers.”

Fiserv, which develops technology products for financial institutions, this month reported record sales performance in the third quarter.

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