Brookfield, Wisconsin-based Fiserv, Inc. announced today that Lance Drummond will join the company on April 6th as EVP. In this new role, Drummond will lead strategic growth initiatives to accelerate the development of certain business line extensions at Fiserv, including data analytics, consulting, and wealth management.
Commenting on the addition of Drummond to the company’s executive team, Jeffery Yabuki, president and CEO of Fiserv, said, “Lance’s proven track record in developing and operating scale businesses, along with his experience leading digital and payments strategies, is well aligned with our growth objectives. The significant data-focused opportunities across Fiserv will form the basis of our next-generation financial services products and technology. We are very pleased to add Lance to our team.”

With over 30 years of progressive business and technology experience, Drummond joins Fiserv after more than six years at Bank of America, where he most recently led the online bank and ATM operations. In this role, Drummond managed the largest consumer online bank in the United States, serving millions of active online consumers, bill payers, and mobile subscribers. He was also responsible for delivering capabilities across the largest bank-owned network of ATMs in the country, including the deployment of deposit image ATMs.
Prior to this, Drummond was the service and fulfillment operations executive, providing end-to-end operational support for all of the bank’s customers, banking centers, and 18,000 ATMs. Drummond initially led supply chain management when he joined Bank of America in 2002.
Before his tenure at Bank of America, Drummond was with Eastman Kodak for 26 years in a variety of technology and leadership positions. He served most recently as COO for the Kodak office professional products division.
Drummond earned a bachelor’s degree in business management from Boston University, a master’s degree in business administration from the Simon Business School at the University of Rochester, and a master’s degree in management science from MIT. He received the MIT Sloan Fellowship in 1994 and the Aspen Institute’s Henry Crown Fellowship in 1998.
Fiserv, Inc. is a global provider of information management and electronic commerce systems for the financial services industry. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009.