EVERTEC Management
Management criteria checks 2/4
EVERTEC's CEO is Mac Schuessler, appointed in Apr 2015, has a tenure of 9.5 years. total yearly compensation is $14.37M, comprised of 5.7% salary and 94.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth R$3.03M. The average tenure of the management team and the board of directors is 3.9 years and 9.6 years respectively.
Key information
Mac Schuessler
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 5.7% |
| CEO tenure | 9.5yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.9yrs |
| Board average tenure | 9.6yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$69m |
| 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 BR market ($USD794.87K).
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 (51 yo)
9.5yrs
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 | 9.5yrs | US$14.37m | 0.026% R$ 3.0m | |
| Executive VP | 6.1yrs | US$2.65m | 0.11% R$ 12.6m | |
| Executive VP & COO | 3.3yrs | US$2.59m | 0.094% R$ 11.2m | |
| Executive VP and Chief Product & Innovation Officer | 12.5yrs | US$2.18m | 0.16% R$ 18.9m | |
| Senior VP | less than a year | no data | 0.027% R$ 3.2m | |
| Executive VP | 8.7yrs | US$2.22m | 0.015% R$ 1.8m | |
| Executive VP & Chief Marketing Officer | 4.5yrs | no data | no data | |
| Chief Corporate Development Officer & Executive VP of Corporate Development | 1.6yrs | no data | no data | |
| Executive VP & Group Head of Puerto Rico | 2.8yrs | no data | 0.0093% R$ 1.1m | |
| Chief Commercial Officer for Latin America | 6.8yrs | no data | no data | |
| Executive VP & Group Head of Latin America | less than a year | no data | 0.039% R$ 4.7m | |
| Group Head of Brazil | less than a year | no data | no data |
3.9yrs
Average Tenure
51yo
Average Age
Experienced Management: EVTC31's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.5yrs | US$14.37m | 0.026% R$ 3.0m | |
| Independent Director | 1.4yrs | US$192.66k | 0.0058% R$ 685.6k | |
| Independent Director | 12.5yrs | US$233.50k | 0.047% R$ 5.6m | |
| Independent Director | 3.4yrs | US$230.00k | 0.0099% R$ 1.2m | |
| Independent Director | 11.5yrs | US$246.00k | 0.061% R$ 7.2m | |
| Independent Director | 9.7yrs | US$243.00k | 0.076% R$ 9.0m | |
| Independent Chairman of the Board | 11.1yrs | US$331.00k | 0.016% R$ 1.9m | |
| Independent Director | 10.1yrs | US$237.50k | 0.054% R$ 6.5m | |
| Independent Director | 5.4yrs | US$232.50k | 0.023% R$ 2.8m | |
| Independent Director | 5.4yrs | US$230.00k | 0.0089% R$ 1.1m |
9.6yrs
Average Tenure
64.5yo
Average Age
Experienced Board: EVTC31's board of directors are considered experienced (9.6 years average tenure).