EVERTEC Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mac Schuessler

Chief executive officer

US$14.4m

Total compensation

CEO salary percentage	5.7%
CEO tenure	9yrs
CEO ownership	0.03%
Management average tenure	4.8yrs
Board average tenure	9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mac Schuessler's remuneration changed compared to EVERTEC's earnings?
Date	Total Compensation	Salary	Company Earnings
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 ($USD14.37M) is above average for companies of similar size in the German market ($USD2.56M).

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)

9yrs

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
Morgan Schuessler	President	9yrs	US$14.37m	0.025% $ 586.6k
Joaquin Castrillo-Salgado	Executive VP	5.6yrs	US$2.65m	0.11% $ 2.4m
Diego Viglianco	Executive VP & COO	2.8yrs	US$2.59m	0.034% $ 795.3k
Miguel Vizcarrondo Carrión	Executive VP and Chief Product & Innovation Officer	12yrs	US$2.18m	0.22% $ 5.1m
Karla Cruz-Jusino	Senior VP	no data	no data	0.027% $ 614.1k
Luis Rodríguez-González	Executive VP	8.2yrs	US$2.22m	0.071% $ 1.6m
Alexandra López-Soler	Executive VP & Chief Marketing Officer	4yrs	no data	no data
Alberto Lopez Gaffney	Chief Corporate Development Officer & Executive VP of Corporate Development	1.1yrs	no data	no data
Paola Surillo	Executive VP & Group Head of Puerto Rico	2.3yrs	no data	0.038% $ 870.0k
Rodrigo Castillo	Chief Commercial Officer for Latin America	6.3yrs	no data	no data
Daniel Brignardello	Executive VP & Group Head of Latin America	less than a year	no data	0.039% $ 907.3k
Miguel Arocho	Interim President of Latin America	6.9yrs	no data	no data

4.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 2EV's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Morgan Schuessler	President	9yrs	US$14.37m	0.025% $ 586.6k
Virginia Gambale	Independent Director	less than a year	US$192.66k	no data
Jorge Junquera	Independent Director	12yrs	US$233.50k	0.047% $ 1.1m
Kelly Barrett	Independent Director	2.9yrs	US$230.00k	0.0098% $ 226.8k
Alan Schumacher	Independent Director	11yrs	US$246.00k	0.055% $ 1.3m
Brian Smith	Independent Director	9.2yrs	US$243.00k	0.066% $ 1.5m
Frank D'Angelo	Independent Chairman of the Board	10.6yrs	US$331.00k	0.0082% $ 190.7k
Olga Botero	Independent Director	9.6yrs	US$237.50k	0.048% $ 1.1m
Iván Pagán	Independent Director	4.9yrs	US$232.50k	0.019% $ 429.0k
Aldo Polak-Gelber	Independent Director	4.9yrs	US$230.00k	0.022% $ 502.3k

9.1yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 2EV's board of directors are considered experienced (9.1 years average tenure).

EVERTEC Management

Management criteria checks 2/4

Key information

Recent management updates

President recently sold €5.4m worth of stock

EVERTEC, Inc. Appoints Virginia Gambale to Board of Directors

Executive VP recently sold €502k worth of stock

President recently sold €1.0m worth of stock

Group Head of Puerto Rico recently sold €481k worth of stock

President recently sold €1.3m worth of stock

Recent updates

Fourth quarter dividend of US$0.05 announced

EVERTEC, Inc. to Report Q1, 2024 Results on May 01, 2024

President recently sold €5.4m worth of stock

EVERTEC, Inc. Provides Consolidated Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$1.23 (vs US$3.48 in FY 2022)

Third quarter dividend of US$0.05 announced

EVERTEC, Inc. Declares Regular Quarterly Dividend, Payable on March 15, 2024

EVERTEC, Inc. to Report Q4, 2023 Results on Feb 28, 2024

EVERTEC, Inc. Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.15 (vs US$2.08 in 3Q 2022)

EVERTEC, Inc. Declares Quarterly Dividend on Common Stock, Payable on December 1, 2023

EVERTEC, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Second quarter 2023 earnings released: EPS: US$0.43 (vs US$0.47 in 2Q 2022)

EVERTEC, Inc. (NYSE : EVTC) agreed to acquire Sinqia S.A. (BOVESPA : SQIA3) for BRL 2.3 billion.

EVERTEC, Inc. to Report Q2, 2023 Results on Jul 26, 2023

EVERTEC, Inc. Appoints Virginia Gambale to Board of Directors

Executive VP recently sold €502k worth of stock

President recently sold €1.0m worth of stock

First quarter 2023 earnings released: EPS: US$0.46 (vs US$0.54 in 1Q 2022)

Group Head of Puerto Rico recently sold €481k worth of stock

President recently sold €1.3m worth of stock

Full year 2022 earnings released: EPS: US$3.48 (vs US$2.24 in FY 2021)

EVERTEC, Inc. Declares Regular Quarterly Dividend, Payable on March 17, 2023

EVERTEC, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$2.08 (vs US$0.49 in 3Q 2021)

EVERTEC, Inc. Provides Earnings Guidance for the Year 2022

EVERTEC, Inc. Declares Regular Quarterly Dividend, Payable on December 2, 2022

EVERTEC, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment deteriorated over the past week

EVERTEC, Inc. has completed a Follow-on Equity Offering in the amount of $200.393376 million.

EVERTEC, Inc. Provides Earnings Outlook for the Year 2022

Second quarter 2022 earnings released: EPS: US$0.47 (vs US$0.68 in 2Q 2021)

EVERTEC, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 2, 2022

EVERTEC, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Insufficient new directors

EVERTEC, Inc., Annual General Meeting, May 20, 2022

First quarter 2022 earnings released: EPS: US$0.54 (vs US$0.49 in 1Q 2021)

Evertec, Inc. Declares Quarterly Dividend, Payable on June 3, 2022

EVERTEC, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Insider recently sold €543k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

EVERTEC, Inc. Provides Consolidated Earnings Guidance for the Year 2022

EVERTEC, Inc. Provides Earnings Guidance for the Year 2022

EVERTEC, Inc. Declares Quarterly Dividend on Common Stock, Payable on March 25, 2022

EVERTEC, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.49 (vs US$0.48 in 3Q 2020)

EVERTEC, Inc. Provides Earnings Guidance for the Full Year, 2021

Second quarter 2021 earnings released: EPS US$0.68 (vs US$0.21 in 2Q 2020)

Independent Director Thomas Swidarski has left the company

First quarter 2021 earnings released: EPS US$0.49 (vs US$0.31 in 1Q 2020)

EVERTEC, Inc. Provides Revenue Guidance for the Year 2021

Insider recently sold €807k worth of stock

Full year 2020 earnings released: EPS US$1.45 (vs US$1.44 in FY 2019)

Revenue beats expectations

EVERTEC, Inc. to Report Q4, 2020 Results on Mar 01, 2021

New 90-day low: €28.20

EVERTEC, Inc.(NYSE:EVTC) dropped from Russell 2000 Dynamic Index

EVERTEC, Inc. to Report Q3, 2020 Results on Oct 29, 2020

EVERTEC, Inc. Not Provides Guidance for the Year 2020

EVERTEC, Inc. to Report Q2, 2020 Results on Aug 04, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age