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FIS Names Chief Compliance Officer Chip Keller as New Chief Legal Officer

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8

Why it matters

Fidelity National Information Services announced that Chip Keller, its Chief Compliance Officer and Corporate Secretary, will become Chief Legal Officer and Corporate Secretary effective July 1, 2026. The move fills the vacancy left by Caroline Tsai, who is stepping down from her role as Chief Legal & Corporate Affairs Officer on the same date. Tsai will remain as a non-executive senior advisor through September 1, 2026 to facilitate the transition.

Tsai joined FIS in 2022 and oversaw major transactions including the Worldpay divestiture and the TSYS acquisition from Global Payments. She will receive severance benefits consistent with a termination without cause under her employment agreement. Keller's background in compliance represents a shift in the legal function's strategic focus.

For in-house counsel and transaction lawyers, this transition signals FIS's emphasis on regulatory compliance as it stabilizes following significant portfolio restructuring. The planned handoff with Tsai's advisory period through early September suggests continuity on pending legal matters, but attorneys working with FIS should monitor whether the compliance-focused leadership change affects the company's approach to ongoing litigation, regulatory engagement, or deal strategy.

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