Gary A. Norcross has been at the helm of Fidelity National Information Services (FIS) since January 1, 2015, after serving in various key roles within the company for over two decades. With a background in finance, having earned his Bachelor...

Gary A. Norcross has been at the helm of Fidelity National Information Services (FIS) since January 1, 2015, after serving in various key roles within the company for over two decades. With a background in finance, having earned his Bachelor of Science in Finance from the University of Florida, he knows the ins and outs of the industry. Under his leadership, FIS has grown significantly, yet he faced challenges along the way, particularly in 2020 when the pandemic affected the company's performance results. In 2022, as he stepped down as CEO and transitioned to Executive Chairman, a discretionary bonus showed a substantial payout reflecting management transitions and performance. Though highs and lows marked his tenure, including fluctuations in his equity holdings valued at up to $114 million in 2020, Norcross's pragmatic approach has been key in navigating FIS through tough waters. His journey reflects the balance of risk, reward, and the importance of understanding market dynamics, with a strong focus on maintaining shareholder value amid changes.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Fidelity National Information Services CEOs

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Gary A. Norcross

Ex-CEO of Fidelity National Information Services

Education

Bachelor of Science in Finance from the University of Florida

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

October 10, 1967 - 57 years ago

CEO of Fidelity National Information Services for

7 years 11 months (Jan 2015 - Dec 2022)

Previous Experience

Chief Executive Officer of Fidelity National Information Services, Inc.

Rivals

Competitors/colleagues of Gary A. Norcross

G

Cameron M. Bready

CEO of Global Payments

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.41M

Other

$185.70K

Total Holdings

$36.26M

Holdings

See how much did Gary A. Norcross make over time.

During Gary Norcross's tenure as CEO of FIS from 2015 to late 2022, his insider holdings fluctuated significantly. At one point, in January 2020, his estimated holdings reached about $99.8 million, illustrating a robust confidence in the company's future. However,...

During Gary Norcross's tenure as CEO of FIS from 2015 to late 2022, his insider holdings fluctuated significantly. At one point, in January 2020, his estimated holdings reached about $99.8 million, illustrating a robust confidence in the company's future. However, as 2022 progressed, his wealth in FIS shares took a hit, dropping to around $66.26 million by October 2022. This decline followed transitions and performance metrics not being met, reflecting the often volatile nature of executive holdings tied to company performance. After a peak in the mid-2020s, where his stakes amounted to over $114 million in September 2020, consistent management and market adjustments had him reevaluating his financial footprint in FIS as he prepared for the next chapter post-CEO.

Total Stock Sold

$375.29M

FIS

$375.29M

4,329,286 FIS shares

What if they kept their stock?

If Gary A. Norcross didn't sell their stock, today they would have:
Extra FIS4,329,286 shares worth $541.68M.
This is 44.34% and $166.39M more than what they got when they sold the stock.

Charitable Transactions

FIS

1,395,247.164 shares

FIS

Recent Charitable Transactions

FIS

450,000 shares

FIS

Sep 28, 2018

Charity

FIS

226,501.164 shares

FIS

Aug 11, 2017

Charity

FIS

413,911 shares

FIS

Jun 6, 2016

Charity

FIS

144,835 shares

FIS

Jun 24, 2014

Charity

FIS

80,000 shares

FIS

May 28, 2013

Charity

FIS

80,000 shares

FIS

Dec 31, 2012

Charity

Insider Trading

See recent insider trades of Gary A. Norcross.

FIS

49,495 shares

FIS

Nov 7, 2022

Received

FIS

$10.95M

FIS at $91.74/share

Sep 9, 2022

Sale

FIS

$14.41M

FIS at $90.08/share

Sep 7, 2022

Sale

FIS

$2.19M

FIS at $109.06/share

Dec 29, 2021

Sale

FIS

$22.84M

FIS at $108.76/share

Dec 27, 2021

Sale

FIS

16,497 shares

FIS

Aug 5, 2021

Received

FIS

64,647 shares

FIS

Mar 29, 2021

Received

FIS

$18.83M

FIS at $144.42/share

Mar 9, 2021

Sale

FIS

$30.11M

FIS at $143.37/share

Mar 5, 2021

Sale

FIS

$11.11M

FIS at $140.46/share

Mar 1, 2021

Sale

Compensation History

See how much did Gary A. Norcross make over time.

Gary Norcross's compensation as CEO of FIS has seen some significant numbers over the years. For instance, in 2022, his total compensation tallied up to around $451 million, which included a base salary of about $1.15 million and a discretionary bonus of $30.6 million primarily tied to performance transitions. However, no stock awards were vested that year due to unmet performance metrics. Back in 2021, his total compensation saw a clear dip to $12 million, showcasing how dynamic and dependent CEO pay can be on the company's performance. With no stock grants in 2022 and limited vested stocks coming into play, his pay has reflected both the company's soaring successes and the tough spots it navigated during uncertain market conditions.

Year

2022

Total Compensation

$31.75M

Salary

$1.15M

Board Justification

The compensation philosophy is to align executive pay with performance and shareholder value, focusing on attracting and retaining high-performing executives.

Bonus

$30.60M

Board Justification

Discretionary bonus reflecting performance and management transitions in 2022.

Other

$0.00

Board Justification

No other compensation was reported for 2022.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 due to performance metrics not being met.

Performance Metrics

Performance metrics included annual organic revenue growth and adjusted EBITDA.

Other Fidelity National Information Services CEOs

Here are other CEOs of Fidelity National Information Services

Stephanie L. Ferris

CEO of Fidelity National Information Services

December 2022 - Present