EVERTEC, Inc. (EVTC)

38.43 +0.21 (+0.55%) At close: 04:00PM EDT

EVERTEC, Inc.

Cupey Center Building
Road 176 Kilometer 1.3
San Juan, PR 00926
United States
787 759 9999
https://www.evertecinc.com

Sector(s): Technology
Industry: Software - Infrastructure
Full-time employees: 5,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Morgan M. Schuessler Jr.	President, CEO & Director	2.3M	N/A	1973
Mr. Joaquin A. Castrillo-Salgado	Executive VP, Treasurer & CFO	993.88k	N/A	1983
Mr. Diego Viglianco	Executive VP & COO	926.08k	N/A	1970
Mr. Miguel Vizcarrondo Carrión	Executive VP and Chief Product & Innovation Officer	879.91k	N/A	1973
Ms. Karla M. Cruz-Jusino	Senior VP, Chief Accounting Officer & Assistant Treasurer	N/A	N/A	1985
Mr. Luis A. Rodríguez-González	Executive VP, Chief Legal & Administrative Officer and Secretary	1.04M	N/A	1978
Ms. Alexandra López-Soler	Executive VP & Chief Marketing Officer	N/A	N/A	1972
Mr. Alberto Lopez Gaffney	Chief Corporate Development Officer & Executive VP of Corporate Development	N/A	N/A	1972
Ms. Paola Pérez Surillo	Executive VP & Group Head of Puerto Rico	N/A	N/A	1984
Mr. Rodrigo Del Castillo	Chief Commercial Officer for Latin America	N/A	N/A	1962

Amounts are as of 31 December 2016, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

EVERTEC, Inc. engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional, business process outsourcing, item and cash processing, and fulfillment solutions to merchant, fintech, financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, a personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Corporate governance

EVERTEC, Inc.’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.