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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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FIS Board Appoints Stephanie Ferris as President and Chief Executive Officer; Gary Norcross Appointed as Executive Chairman

Key Facts:

  • Stephanie Ferris, current FIS President and 28-year fintech veteran, is appointed to the role of President and CEO effective January 1, 2023.
  • Gary Norcross to become Executive Chairman of the Board.

FIS® (NYSE: FIS), a global leader in financial services technology, announced today the appointment of Stephanie L. Ferris as President and Chief Executive Officer (CEO). In addition to her current role as President, Ferris will take over as CEO from Gary A. Norcross who has served as the company’s CEO for the last eight years and Chairman since 2018. Ferris will assume the President and CEO role on January 1, 2023, when Norcross takes on the role of Executive Chairman of the Board. Ferris was also appointed to the FIS Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221018005450/en/

Stephanie Ferris has been appointed to the role of President and CEO of FIS effective January 1, 2023, succeeding Gary Norcross who will become Executive Chairman of the Board. (Photo: Business Wire)

Stephanie Ferris has been appointed to the role of President and CEO of FIS effective January 1, 2023, succeeding Gary Norcross who will become Executive Chairman of the Board. (Photo: Business Wire)

In her role as FIS President, Ferris has been responsible for steering and executing the company’s global business strategy, including M&A, and its global business operations serving financial institutions, merchants and corporates of all sizes and geographies. A 28-year industry veteran with expertise in payments, technology platform businesses and driving digital transformation, Ferris led the integration of Worldpay into FIS, surpassing both revenue and cost synergy commitments. She has been integral to FIS’ global growth which currently supports more than 14,000 clients in over 100 countries.

“Continually growing and developing FIS leadership talent, including succession planning, has remained a key focus of my agenda with our Board,” stated FIS Chairman and CEO Gary Norcross. “Since joining FIS, Stephanie has continually demonstrated tremendous leadership and bold actions in achievement of our goals. The Board and I are extremely confident in her ability to lead FIS in its next chapter of growth and transformation.”

FIS also announced that Norcross, current CEO and Chairman of the Board of Directors, will assume a new full-time role as Executive Chairman of the Board. Under Norcross’ leadership, FIS has delivered consistent and profitable financial performance growing from a $6 billion business to the $14 billion global business it is today. During his tenure as CEO, FIS became the first in the industry to leverage cloud technologies at scale, launch an enterprise-wide modernization initiative leveraging component-based API architectures and is driving the future of real-time and digital experiences. The company has also continually received prestigious recognition, including being named for consecutive years to the Fortune World’s Most Admired Companies and Fast Company’s 100 Best Companies for Innovators and ranked consistently among the industry’s leading financial technology providers, including the No. 1 position in the annual IDC Financial Insights FinTech Rankings for 9 of the last 12 years.

“I am honored to have led such a talented and dedicated team of colleagues and work with such an impressive and high-quality group of clients. Over the years, we’ve grown into the largest financial technology provider in the world by successfully helping our clients anticipate, navigate and harness wave after wave of technological change to take advantage of growth opportunities in their markets, advancing the way the world pays, banks and invests. I couldn’t be more pleased with Stephanie moving into this position,” said Norcross. “Under her leadership, I am confident that FIS will remain focused on delivering meaningful experiences to our colleagues, clients and communities and strong value to our shareholders.”

Commenting on her appointment, Ferris stated, “I am incredibly honored to assume the CEO role from Gary and sincerely appreciate his partnership and mentorship. Few companies can match FIS’ rich, stellar history, industry-best breadth and scale, and focus on innovation. We are uniquely positioned to chart the course for fintech innovation, and thanks to the confidence placed in me by Gary and FIS’ Board of Directors, I’m incredibly excited to lead the company into its future.”

FIS Lead Independent Director, Jeffery Goldstein, commented, “Under Gary’s leadership and in partnership with the FIS Board, we have worked closely together for several years to develop and implement a thoughtful and strong CEO transition plan. Gary has been a tremendous leader for FIS, steering the company to many industry milestones and a position of strong market leadership. FIS is well positioned to continue leading the trajectory of fintech innovation under Stephanie’s leadership, and the Board is looking forward to a continued strong partnership with Gary and Stephanie in their new roles.”

Preview of Anticipated Q3 Results

Previewing its third quarter results, FIS expects revenues and adjusted earnings per share to be within its Q3 guidance range with revenue at the mid-point of the range and adjusted earnings per share to be at the low-end of the range. Management will provide more details on its Q3 and Q4 expectations, as well as more details about its forward-looking strategy in its upcoming Q3 earnings call.  

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index.

To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

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