Barbara A. Yastine Joins First Data’s Board of Directors

NEW YORK, SEPTEMBER 21, 2016 – First Data Corporation (NYSE: FDC) Chairman and CEO Frank Bisignano announced today that Barbara A. Yastine has joined First Data’s Board of Directors. Yastine most recently served as a director and Co-Chief Executive Officer at Lebenthal Holdings, LLC. With Yastine’s addition, the Board expands from eight members to nine. The Board has also appointed her to serve as a member and Chairperson of the Audit Committee.

“I am pleased to welcome Barbara to First Data’s Board of Directors,” said Bisignano. “With her deep understanding of the financial services industry, tremendous leadership experience, and strong accounting and finance background, Barbara brings an outstanding skillset to First Data that will have a positive impact on our company.”

Prior to Yastine’s most recent role at Lebenthal Holdings, she served as Chair, President, and Chief Executive Officer of Ally Bank from 2012 to 2015. She also previously held the role of Chief Administrative Officer of Ally Financial, overseeing the risk, compliance, legal, and technology areas, and she was Chair of Ally Bank from 2010 to 2012. Before Ally Financial, Yastine was the Principal of Southgate Alternative Investments, a start-up diversified alternative asset manager. She also held the role of Chief Financial Officer at Credit Suisse First Boston and spent nearly 15 years at Citigroup and its predecessor companies.

In addition to her new position at First Data, Yastine is also a member of the Board of Directors of Primerica, Inc.

“I have tremendous respect for what First Data has accomplished in the past three years, and I am honored to join First Data’s Board of Directors,” said Yastine. “As the company embarks on the next chapter of its transformation, I am excited to play a role and collaborate with Frank and the other members of the Board.”

Yastine received a B.A. in Journalism and an M.B.A. from New York University.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in 118 countries around the world. The company’s 24,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,500 transactions per second and $1.9 trillion per year.

 

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