Fidelity National Information Services, Inc. 8-K

What Happened

• Fidelity National Information Services, Inc. (FIS) filed an 8-K reporting that on January 19, 2026 the Board increased from nine to ten directors and elected Anil Srinivasa Chakravarthy to fill the new vacancy effective January 20, 2026. His initial term expires at the 2026 Annual Meeting of Shareholders. The Board has determined Mr. Chakravarthy is an “independent” director under NYSE and SEC rules. He was appointed to the Audit Committee and the Risk and Technology Committee.

Key Details

• Board size change: Increased from 9 to 10 directors, election effective Jan 20, 2026.
• Term: Initial term runs until the 2026 Annual Meeting of Shareholders.
• Independence: Board affirmatively determined Mr. Chakravarthy is independent under NYSE and SEC standards.
• Committee assignments & pay: Joined the Audit Committee and the Risk & Technology Committee; will receive same non-employee director compensation as peers (initial restricted stock unit award will be prorated).
• Conflicts: No arrangements or related-person transactions requiring disclosure were reported.
• Exhibit: Company press release announcing the appointment was filed as an exhibit.

Why It Matters

• Adding an independent director strengthens board oversight and governance and specifically boosts expertise on the Audit and Risk & Technology committees, which oversee financial reporting and technology/risk matters—areas important for a fintech company like FIS. The independence determination and lack of related-person transactions reduce potential conflict concerns for shareholders. Compensation and a prorated RSU award align his pay with existing non-employee directors, indicating a standard onboarding rather than a special arrangement.