Who sees red. Albeit a small portion of the business, it can have a year-over-year impact, but thats up 6% constant currency year-to-date. or. ACI said: Thomas Warsop, formerly the non-executive Chair of the ACI Board of Directors, has been appointed Interim Chief Executive Officer, effective immediately. Yes. In summary, we delivered another strong quarter in line with guidance and consensus. ACI Worldwide, Inc. (NASDAQ:ACIW) Q1 2022 Results Conference Call May 5, 2022 8:30 AM ETCompany Participants. Indias largest white label ATM service provider with more than 11,000 ATMs has signed ACIs enterprise payments platform solution to support its expansion. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. We do have questions coming in, okay. And thank you for joining our second quarter 2022 earnings conference call. Odilon is a given name of French origin. Who leaves early. ACI Worldwide appoints interim CEO as Odilon Almeida departs As we've previously said, now that our debt balances are at our leverage targets, we have revised our capital allocation priorities in the near term, increasing the expected cash flow used for repurchases to approximately 50% of our cash flow. Leadership is all about personal values. Who benefits. I think we look at the Merchant business and we had a very strong quarter in recurring revenue last year that was the recovery of the pandemic, and there is the anniversary of that, but I can tell you that we are still estimating a very strong year for merchants in the year to go. Over the last 16 years, insiders at ACI Worldwide Inc have traded over $13,121,900 worth of ACI Worldwide Inc stock and bought 163,169 units worth $3,555,717 Almeida graduated from Maua Institute of Technology with a bachelors degree in civil engineering before completing his Master of Business Administration degree from the Getulio Vargas Foundation. (Lead to Leave a Legacy). On this morning's call is Odilon Almeida, our President and CEO; and Scott Behrens, our CFO. Also, we have a very strong pipeline of ARR in banks, which is new for us with a lot of new logos that are really looking to our cloud offering. Computer and internet geek with passion for Android | Learn more about Hilmar r H Egilson's work experience, education, connections & more by visiting their profile on LinkedIn Please go ahead George. The slides accompanying this call and webcast can be found at www.aciworldwide.com under the Investor Relations tab and will remain available after the call. Get started We have a very strong pipeline in Billers. Popularity: 10337. We recorded organic revenue growth of 13% or 14% on a constant currency basis. Odilon Almeida is the Pres, CEO & Director at ACI Worldwide Inc. As the Pres and CEO & Director of ACI Worldwide Inc, the total compensation of Mr Almeida at ACI Worldwide Inc is $801,335. Work with a Generous Purpose (Share Momentum with Others). Trusted by millions of genealogists since 2003. [Operator Instructions] And we do not have any questions at this time oh! So I wanted to, if we could, Odilon, go more into detail on some of the segments. So you buried the lead again. We see the results of these investments as we enter new markets and cross-sell to existing customers. There are hills and valleys, but that cultural perspective must always be kept at the forefront., 3. The slides that accompany this call and webcast can be found at aciworldwide.com, under the Investor Relations tab, and will remain available after the call. Keep your Immigrant Perspective (See Opportunity in Everything). We ended the quarter with $115 million in cash on hand, a debt balance of $1 billion and a net debt leverage ratio of 2.4x, which is just under our 2.5x target. (TOP BABY NAMES, 2018). Who leaves late. I bring with me a desire and sensibility to share the journey with my peers and direct reports. Mr. Odilon Almeida was first elected to the Board of Millicom in May 2015. Thank you, Scott. Who is hostile. See Photos. Who is welcomed. We continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. And where do you see the most opportunity to add to your pipe as we look at the rest of the year? A Division of NBCUniversal. So you can think about the next generation of our BASE24 or switch or issuing or acquiring our RTP. We are expecting a good year in 2023 with the pilot. Sign Up. Who is fired. This quarter's strong organic revenue growth and significant new business wins demonstrate the continued execution of our Fit for Growth and Focus on Growth strategy. Who is big kahuna. John Kraft - VP, IR. We look forward to catching up in the coming weeks. Today's call is subject to safe harbor and forward-looking statements, like all of our events. Adjusted EBITDA for the quarter was $66 million up 10% or 11% on a constant currency basis from Q2 last year, and net new ARR bookings in Q2 were $18 million, up 3% from Q2 last year and up 43% year-to-date. He succeeds Odilon Almeida, who is departing from his role as CEO of ACI., ACI further said: On November8, 2022, ACI Worldwide, Inc. (the Company) announced that Odilon Almeidas employment terminated as President& CEO of the Company.. NAPLES ACI Worldwide, which handles some 20% of the world's payment activity and did $1.01 billion in sales in 2018, named veteran industry executive Odilon Almeida president and CEO. Almeida previously had a lengthy career spanning 17 years at Western Union. And given that, I would have expected that EBITDA margins to be more in line with the first quarter. Who wishes luck. Almeida had done a good job here of accelerating growth and refocusing the company, becoming more competitive and fine-tuning the product portfolio, Vafi said. So real-time up 60%. The margin range is a little bit lower than what I would have expected. Odilon Da Silva. 1. He has been a Board Member of Millicom International (NASDAQ US:TIGO; NASDAQ Stockholm: TIGO_SDB) and Chairman of its Compliance. Who is selected. Please. Who sits. Who soothes. So I think the investment for growth in real-time payments is showing, you can see the above 60% growth this quarter. As the U.S. makes a move to encourage use of real-time payments, its following other nations in adopting the real-time advance. Want to share a company announcement with your peers? We have nothing to announce today, Sam. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Odilon Almeida - Salary.com Who is good. And finally our Biller segment revenue grew 8% on a reported and constant currency basis, while adjusted EBITDA decreased 18% or 19% on a constant currency basis versus Q2 last year. odilon almeida was born on month day 1942, to nestor almeida and maria vieira ramos almeida (born borges . I am fluent in English, Spanish and Portuguese. Odilonmarried Teresinha de Oliveira Lima (born Oliveira). Some of them are AR for banks and intermediaries. A former top executive at Western Union, Almeida replaces Phil Heasley, who ran the . First question is from George Sutton of Craig Hallum. That is the combination of the market reacting, but it's also the combination of our international expansion of Merchants. Jose Odilon Almeida (Odilon) See Photos. So it is like the last technology that will be available, which will give our clients much more speed to go to the market, much easier to make changes to adapt the product and so forth. There are 1 older and 7 younger executives at ACI Worldwide Inc. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z. As you know, we are in the board of FedNow. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. I appreciate the color. (2000 U.S. Western Union Within this landscape, ACI remains at the forefront of real time payments across the globe by leading national payment schemes for central banks and connecting national banks to national systems. Would have anticipated Biller to be a little stronger with the modernized interface. He managed WUs global consumer business and its money transfer and bill payment omni-channel business in 98 countries across North America, Europe, Latin America and the Caribbean. These results continue a string of quarters in line with our financial guidance. ACI Director Mary Harman, who heads up the boards nominating and corporate governance committee, described the CEO ouster in the press release as a needed leadership change. Log in or sign up for Facebook to connect with friends, family and people you know. We have continued buying back ACI shares and ended the first quarter with $178 million remaining on our share repurchase authorization. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Odilon - Baby Name Meaning, Origin and Popularity - TheBump.com See Photos. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. Who crumbles. Promise Live with an Entrepreneurial Spirit (Innovation Comes Second Nature). Managed by: Private User Last Updated: November 4, 2014 Who steps down. As ACI advances its vision to lead the real-time payments revolution, the Board determined that now is the right time to transition to a new leader focused on accelerating our technology transformation and delivering operational excellence across our business, Harman said in the release. ACI Worldwide combines its global footprint with local presence to drive the real-time digital transformation of payments and commerce. Odilon Almeida. Please go ahead. Odilon Almeida is the president, chief executive officer and a member of the board of ACI Worldwide, a provider of real-time electronic payment and banking solutions. Prior to joining ACI Worldwide in March 2020, Almeida had a brief stint as an operating partner at private equity firm Advent International, according to his LinkedIn profile. Great. Who is bad. Who is there. It is hard and it is a day-to-day matter. ACI Worldwide : Announces Appointment of Odilon Almeida as President I first plan to review our financial results for Q2 and then provide our outlook for the rest of the year. Immaterial of where you are from, immersing in diverse cultural and personal norms may sometimes make it feel that accomplishing a task is impossible. DEMOGRAPHICS), Odilon has yet to be listed in the list thus far. A large Japanese global IT service provider reuse the ACI Secure eCommerce solution for its Italian merchant business, servicing multiple sectors from fashion and food to utilities. I have learned to be nimble by exposing myself to experiences and taking advantage of opportunities as they have arisen in my career. No, nothing new. I have worked in both developing and emerging countries. It is making our business more predictable and our growth momentum clear. ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q3 2021 Results Who fights for money. growth of 117% compared to the first quarter of 2021. We are reiterating our full year guidance and expect revenue growth to be in the mid-single digits on a constant currency basis. Yes, this is Scott. ACI Worldwide fires CEO | Payments Dive Llopis: A 21st century leader is entrepreneurial by nature, constantly building relationships, taking smart risks, learning rapidly all with the objective of making a positive impact. ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Please go ahead. In these positions, he turned around businesses in the U.S., Europe, Africa, Mexico, Central America and the Caribbean, established WU as the global digital market leader in P2P money transfer, and grew WUs Latin America and Caribbean business by more than 5x in 10 years through organic growth acceleration and successful M&A. Our real-time payment solutions continue to make headway across the globe, just as our Merchants omni-commerce solution enters new markets and expands with innovative offerings. And the other main belief that we have, as I said before, 1 of the 4 pillars of growth in international markets and that those international markets continue to overdeliver for us. Who is bad man. And I think that's what the whole journey is about. Who is missed. See Photos. The announcement follows a decline in ACI Worldwide Inc.s share price of 28% since March 2020. Who is successful. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. So that's kind of why we put that range in there. To subscribe, click here. Who is sorry. So we're in the -- I'd call it, we're in the early months of that partnership, but nothing in particular to update on that. Odilon Jos Almeida Profiles | Facebook Real-time payments had over 60% revenue growth in the quarter, and our fraud detection product was in the mid-20s. So I would say top of mind for banks around the globe, if youre asking me about you know recession, I mean whats happening with the economy, I think my line on that is it depends on how deep it is, how last it will go. Thank you, guys. Hello, everyone, and thank you for joining our first quarter 2022 earnings conference call. Who wins. Who is silent. They share their successes instantly across the remotest parts of the world, driving enormous change instantly. It did come as a surprise, especially right after the company reported third-quarter earnings Nov. 2, he added. I guess I looked at your guidance and assumed that to get to those numbers, licenses would have to have another good quarter, maybe up 50% year-over-year. Secure and increase the performance of your investments with our team of experts at your side. Potomac Officers Club provides you with Daily Updates and News Briefings about Executive Profiles, Tags: ACI Worldwide Alpargatas Colgate-Palmolive Executive Profiles financial technology LinkedIn Odilon Almeida The Coca-Cola Company Western Union, The Potomac Officers Club is a membership organization for executives in the government contracting space. This type of adaptability has enriched my professional capabilities, enabled me to work with people and organizations regardless of culture, and positioned me for my current role at Western Union., 5. Submit your news, Copyright 2023 by Executive Mosaic. We are also very, very happy about this 2 quarters with double digit. That's great to hear. The steady cadence of significant business wins validates our three pillar strategy. Turning to our segment results. Who is a follower. Please disable your ad-blocker and refresh. So with international markets, global merchants around the globe -- global merchants, they are on globe, sorry, all merchants, international markets and you have the next generation of payments. Your next question comes from Mayank Tandon from Needham & Company. Who is invested. 1. A leading global clothing merchant will use our newly launched chargeback indemnification service. At this time, it is my pleasure to turn the floor over to your host, John Kraft, Head of Strategy and Finance. Most recently he bought 15,352 units of ACIW stock worth $500,322 on 8 November 2021. Our strong balance sheet and cash flow gives us resilience and financial flexibility. Trusted information source for millions of people worldwide . Who has headwind. I wouldn't look at Q2 kind of stand-alone as anything. Who packs out. But no, nothing that would change the structural change in our licenses. This value is top of mind for me as I lead my organization every day., 6. Who resigns. Understand, okay. As President and Chief Executive Officer at ACI WORLDWIDE INC, Odilon Almeida made $8,768,059 in total compensation. Who steps back. He leads a company that helps businesses in the airline, gaming, digital entertainment, retail, restaurant and travel industries provide more flexible payment options to their customers. He extended his education at Harvard Business School, The Wharton School and the International Institute of Management (IMD). Many times in my life she asked me, But what do you think about this? This guidance has shaped my way of thinking and keeps my eyes open to how the wind may blow from one direction or another. Putting the customer first, an interview Odilon Almeida
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