Dec 06, 2022 / 08:00PM GMT
Rayna Kumar - UBS Investment Bank, Research Division - Analyst
Good afternoon, everyone. I'm Rayna Kumar, and I lead UBS' U.S. payments processors and IT services equity research. I'm fortunate today to be joined by FIS' CFO, Erik Hoag. Thanks for joining us today.
Erik Hoag - Fidelity National Information Services, Inc. - Corporate Executive VP & CFO
Thanks for having me.
Questions and Answers:
Rayna Kumar - UBS Investment Bank, Research Division - AnalystGreat. So Erik, you've been CFO for about one month now. What are your priorities here? And what would you do differently, if anything, from your predecessor?
Erik Hoag - Fidelity National Information Services, Inc. - Corporate Executive VP & CFO
Well, first, Rayna, thanks for having me today. It's quite an honor to become the CFO of FIS. We're a big, durable business, high concentrations of recurring revenue. We generate a lot of free cash flow.
As far as near-term priorities, focused on our