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Fiserv Announces New CFO, Robert Hau

Fiserv_homepage_Feb2016

Three things for fintech fans to look forward to in March:

  1. The beginning of March Madness NCAA college basketball tournament
  2. The launch of FinDEVr New York 2016
  3. The end of a first quarter flurry of announcements

Fiserv_RobertHauAnd one big first-quarter announcement is a new appointment at Fiserv. The company has named Robert Hau as its new Chief Financial Officer. Hau, formerly a TE Connectivity executive, will take the helm on March 14. Hau replaces Tom Hirsch who is retiring after a 21-year career with the company.

Fiserv CEO and president Jeffery Yabuki credited Hau’s experience as a public company CFO at TE Connectivity, and his “strong operational approach to finance.” Before TE Connectivity, Hau was EVP and CFO for Lennox International and, previously had served in a variety of capacities at Honeywell International, including CFO of the company’s Aerospace Business Group.

Hau has a master’s degree in business administration from the USC Marshall School of Business, and a bachelor’s degree from Marquette University.

Recent headlines for Fiserv include the company’s purchase of ACI Worldwide’s Community Financial Services division for $200 million in January, and deployments of the company’s DNA core account processing technology at United Nations Federal Credit Union ($4.3 billion in assets) and Gate City Bank ($1.9 billion in assets). In its most recent Finovate appearance at FinovateFall 2015, Fiserv demoed its technology that enables cash ATM withdrawals by smartphone.