Fiserv President Resigns as Debit Network Sale Talks Swirl

Fiserv (FISV) president Dhivya Suryadevara resigned on Monday, the company said. The departure arrives as Fiserv weighs a sale of its debit network, a core asset within its payments segment. Two executives were named interim co-leads for the division.

The company did not specify a reason for the exit. Suryadevara had been with the firm since 2010, most recently leading the card services business that houses the debit network. Sale talks for the network have been reported in financial media. The company has not commented on the process.

The resignation introduces a new variable into the sale effort. Interim managers will handle day-to-day operations while the board searches for a permanent replacement. Fiserv shares were little changed in aftermarket trading. The stock has fallen about 6% over the past year, under pressure from the strategic review and broader economic uncertainty.