Fidelity National Information Services Inc. announced Tuesday morning that Frank Martire will retire as chief executive officer on Jan. 1 and will be succeeded by current company president Gary Norcross.
The Jacksonville-based company, which calls itself FIS, said Martire will stay with the company as executive chairman of the board of directors. Norcross will retain the title of president in addition to CEO.
Martire was CEO of Metavante Technologies Inc. and became CEO of FIS in 2009 after FIS acquired Milwaukee-based Metavante.
Norcross, 49, has been with FIS for 26 years.
He became chief operating officer in 2009 and was promoted to the additional role of president in 2012.
He has been responsible for executing the business strategy of FIS, which
provides technology services for financial institutions.
“Gary is a dynamic leader whose vision for the future of financial services is exactly what FIS, its clients and shareholders need as the company enters its next period of solution innovation and growth,” Martire said in a news release.
“I am confident that he will continue to drive FIS to new heights of growth and profitability,” he said.
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