Fiserv tumbles 32% as new CFO joins, outlook cut
Fiserv shares plunged 32% after naming Paul Todd as its new CFO amid a major leadership reshuffle. The company cut its 2025 EPS forecast to $8.50 - $8.60 from $10.15 - $10.30 and lowered revenue growth guidance to 3.5 - 4% from 10%. Todd, formerly Global Payments CFO, succeeds Robert Hau, who will remain as senior advisor through early 2026.