Senior J.P. Morgan Exec Joins KKR-Backed First Data
April 30, 2013
Frank J. Bisignano, co-chief operating officer at J.P. Morgan, has joined First Data as chief executive officer. First Data is a portfolio company of Kohlberg Kravis Roberts. Based in Atlanta, First Data is an electronic commerce and payment processing company that was acquired by KKR in 2007 for approximately $29 billion. In his role at J.P. Morgan, Mr. Bisignano's responsibilities included overseeing global technology, real estate, operations, procurement, compliance, regulatory control and oversight, resiliency, security and safety, and general services for all of J.P. Morgan's businesses in over 60 countries.