EVERTEC Management
Management criteria checks 2/4
EVERTEC's CEO is Mac Schuessler, appointed in Apr 2015, has a tenure of 9.08 years. total yearly compensation is $14.37M, comprised of 5.7% salary and 94.3% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth $608.21K. The average tenure of the management team and the board of directors is 3.5 years and 9.2 years respectively.
Key information
Mac Schuessler
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 5.7% |
| CEO tenure | 9.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.5yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Evertec Focuses On Brazil Just As The Country's Growth Falters
May 07EVERTEC, Inc.'s (NYSE:EVTC) P/E Still Appears To Be Reasonable
Apr 07
EVERTEC, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 02Unpleasant Surprises Could Be In Store For EVERTEC, Inc.'s (NYSE:EVTC) Shares
Dec 18Evertec: Undervalued As Momentum Continues Across Central, LatAm Markets
Sep 12Is Now The Time To Put EVERTEC (NYSE:EVTC) On Your Watchlist?
Jul 12Is Now The Time To Put EVERTEC (NYSE:EVTC) On Your Watchlist?
Apr 10EVERTEC Q4 results mixed, sees FY 2023 adj. EPS in-line with consensus
Feb 22These 4 Measures Indicate That EVERTEC (NYSE:EVTC) Is Using Debt Reasonably Well
Feb 18EVERTEC declares $0.05 dividend
Feb 16Why EVERTEC, Inc. (NYSE:EVTC) Could Be Worth Watching
Feb 03The Return Trends At EVERTEC (NYSE:EVTC) Look Promising
Dec 31EVERTEC's (NYSE:EVTC) Earnings Are Weaker Than They Seem
Nov 16What Is EVERTEC, Inc.'s (NYSE:EVTC) Share Price Doing?
Oct 24EVERTEC declares $0.05 dividend
Oct 21Are Investors Undervaluing EVERTEC, Inc. (NYSE:EVTC) By 49%?
Sep 12Evertec: High Growth With Continued Macroeconomic Resiliency
Aug 17EVERTEC declares $0.05 dividend
Jul 28Does EVERTEC (NYSE:EVTC) Deserve A Spot On Your Watchlist?
Jul 25What Does EVERTEC, Inc.'s (NYSE:EVTC) Share Price Indicate?
Jun 17We Like EVERTEC's (NYSE:EVTC) Returns And Here's How They're Trending
Jun 04Does EVERTEC (NYSE:EVTC) Have A Healthy Balance Sheet?
May 04Here's Why We Think EVERTEC (NYSE:EVTC) Is Well Worth Watching
Apr 19Should You Investigate EVERTEC, Inc. (NYSE:EVTC) At US$39.29?
Mar 07EVERTEC (NYSE:EVTC) Might Have The Makings Of A Multi-Bagger
Feb 23EVERTEC, Inc. (NYSE:EVTC) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 03Is EVERTEC (NYSE:EVTC) A Risky Investment?
Jan 22Here's Why I Think EVERTEC (NYSE:EVTC) Might Deserve Your Attention Today
Jan 10Is It Too Late To Consider Buying EVERTEC, Inc. (NYSE:EVTC)?
Nov 23Are Investors Undervaluing EVERTEC, Inc. (NYSE:EVTC) By 43%?
Nov 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$66m |
| Dec 31 2023 | US$14m | US$816k | US$80m |
| Sep 30 2023 | n/a | n/a | US$97m |
| Jun 30 2023 | n/a | n/a | US$225m |
| Mar 31 2023 | n/a | n/a | US$230m |
| Dec 31 2022 | US$8m | US$781k | US$239m |
| Sep 30 2022 | n/a | n/a | US$251m |
| Jun 30 2022 | n/a | n/a | US$149m |
| Mar 31 2022 | n/a | n/a | US$165m |
| Dec 31 2021 | US$7m | US$751k | US$161m |
| Sep 30 2021 | n/a | n/a | US$152m |
| Jun 30 2021 | n/a | n/a | US$151m |
| Mar 31 2021 | n/a | n/a | US$118m |
| Dec 31 2020 | US$5m | US$713k | US$104m |
| Sep 30 2020 | n/a | n/a | US$97m |
| Jun 30 2020 | n/a | n/a | US$87m |
| Mar 31 2020 | n/a | n/a | US$99m |
| Dec 31 2019 | US$5m | US$700k | US$103m |
| Sep 30 2019 | n/a | n/a | US$99m |
| Jun 30 2019 | n/a | n/a | US$97m |
| Mar 31 2019 | n/a | n/a | US$90m |
| Dec 31 2018 | US$5m | US$679k | US$86m |
| Sep 30 2018 | n/a | n/a | US$72m |
| Jun 30 2018 | n/a | n/a | US$55m |
| Mar 31 2018 | n/a | n/a | US$55m |
| Dec 31 2017 | US$7m | US$663k | US$55m |
Compensation vs Market: Mac's total compensation ($USD14.37M) is above average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Mac's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mac Schuessler (50 yo)
9.1yrs
Tenure
US$14,371,811
Compensation
Mr. Morgan M. Schuessler, Jr., also known as Mac, has been the Chief Executive Officer, President and Director at EVERTEC Group, LLC (formerly known as EVERTEC, Inc.) since April 1, 2015. Mr. Schuessler ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | US$14.37m | 0.025% $ 608.2k | |
| Executive VP | 5.7yrs | US$2.65m | 0.11% $ 2.5m | |
| Executive VP & COO | 2.9yrs | US$2.59m | 0.034% $ 824.6k | |
| Executive VP and Chief Product & Innovation Officer | 12.1yrs | US$2.18m | 0.22% $ 5.3m | |
| Senior VP | less than a year | no data | 0.027% $ 636.8k | |
| Executive VP | 8.3yrs | US$2.22m | 0.071% $ 1.7m | |
| Executive VP & Chief Marketing Officer | 4.1yrs | no data | no data | |
| Chief Corporate Development Officer & Executive VP of Corporate Development | 1.2yrs | no data | no data | |
| Executive VP & Group Head of Puerto Rico | 2.3yrs | no data | 0.038% $ 902.1k | |
| Chief Commercial Officer for Latin America | 6.3yrs | no data | no data | |
| Executive VP & Group Head of Latin America | less than a year | no data | 0.039% $ 940.7k | |
| Group Head of Brazil | less than a year | no data | no data |
3.5yrs
Average Tenure
50yo
Average Age
Experienced Management: EVTC's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | US$14.37m | 0.025% $ 608.2k | |
| Independent Director | less than a year | US$192.66k | no data | |
| Independent Director | 12.1yrs | US$233.50k | 0.047% $ 1.1m | |
| Independent Director | 3yrs | US$230.00k | 0.0098% $ 235.1k | |
| Independent Director | 11.1yrs | US$246.00k | 0.055% $ 1.3m | |
| Independent Director | 9.3yrs | US$243.00k | 0.066% $ 1.6m | |
| Independent Chairman of the Board | 10.7yrs | US$331.00k | 0.0082% $ 197.7k | |
| Independent Director | 9.7yrs | US$237.50k | 0.048% $ 1.2m | |
| Independent Director | 5yrs | US$232.50k | 0.019% $ 444.8k | |
| Independent Director | 5yrs | US$230.00k | 0.022% $ 520.9k |
9.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: EVTC's board of directors are considered experienced (9.2 years average tenure).