EVERTEC Management

Management criteria checks 2/4

EVERTEC's CEO is Mac Schuessler, appointed in Apr 2015, has a tenure of 9.42 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 MX$10.91M. The average tenure of the management team and the board of directors is 3.8 years and 9.5 years respectively.

Key information

Mac Schuessler

Chief executive officer

US$14.4m

Total compensation

CEO salary percentage	5.7%
CEO tenure	9.4yrs
CEO ownership	0.03%
Management average tenure	3.8yrs
Board average tenure	9.5yrs

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
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 ($USD14.37M) is above average for companies of similar size in the MX market ($USD906.25K).

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)

9.4yrs

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	9.4yrs	US$14.37m	0.026% $ 10.9m
Joaquin Castrillo-Salgado	Executive VP	6yrs	US$2.65m	0.11% $ 45.4m
Diego Viglianco	Executive VP & COO	3.3yrs	US$2.59m	0.094% $ 40.3m
Miguel Vizcarrondo Carrión	Executive VP and Chief Product & Innovation Officer	12.4yrs	US$2.18m	0.16% $ 68.1m
Karla Cruz-Jusino	Senior VP	less than a year	no data	0.027% $ 11.4m
Luis Rodríguez-González	Executive VP	8.6yrs	US$2.22m	0.015% $ 6.6m
Alexandra López-Soler	Executive VP & Chief Marketing Officer	4.4yrs	no data	no data
Alberto Lopez Gaffney	Chief Corporate Development Officer & Executive VP of Corporate Development	1.5yrs	no data	no data
Paola Surillo	Executive VP & Group Head of Puerto Rico	2.7yrs	no data	0.0093% $ 4.0m
Rodrigo Castillo	Chief Commercial Officer for Latin America	6.7yrs	no data	no data
Daniel Brignardello	Executive VP & Group Head of Latin America	less than a year	no data	0.039% $ 16.9m
Claudio Prado	Group Head of Brazil	less than a year	no data	no data

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: EVTC N's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Morgan Schuessler	President	9.4yrs	US$14.37m	0.026% $ 10.9m
Virginia Gambale	Independent Director	1.3yrs	US$192.66k	0.0058% $ 2.5m
Jorge Junquera	Independent Director	12.4yrs	US$233.50k	0.047% $ 20.2m
Kelly Barrett	Independent Director	3.3yrs	US$230.00k	0.0099% $ 4.2m
Alan Schumacher	Independent Director	11.4yrs	US$246.00k	0.061% $ 25.9m
Brian Smith	Independent Director	9.6yrs	US$243.00k	0.076% $ 32.5m
Frank D'Angelo	Independent Chairman of the Board	11yrs	US$331.00k	0.016% $ 6.8m
Olga Botero Pelaez	Independent Director	10yrs	US$237.50k	0.054% $ 23.2m
Iván Pagán	Independent Director	5.3yrs	US$232.50k	0.023% $ 10.0m
Aldo Polak-Gelber	Independent Director	5.3yrs	US$230.00k	0.0089% $ 3.8m

9.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: EVTC N's board of directors are considered experienced (9.5 years average tenure).

EVERTEC Management

Management criteria checks 2/4

Key information

Recent management updates

Executive VP recently sold Mex$24m worth of stock

Insufficient new directors

EVERTEC, Inc. Appoints Virginia Gambale to Board of Directors

Group Head of Puerto Rico recently sold Mex$9.7m worth of stock

President recently sold Mex$26m worth of stock

Insufficient new directors

Recent updates

Executive VP recently sold Mex$24m worth of stock

Second quarter 2024 earnings released: EPS: US$0.49 (vs US$0.43 in 2Q 2023)

Insufficient new directors

Evertec, Inc. Provides Earnings Guidance for the Year 2024

EVERTEC, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 6, 2024

EVERTEC, Inc. to Report Q2, 2024 Results on Jul 31, 2024

EVERTEC, Inc. Provides Earnings Guidance for the Year 2024

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

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

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

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

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

Group Head of Puerto Rico recently sold Mex$9.7m worth of stock

President recently sold Mex$26m 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

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

Insufficient new directors

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

Insufficient new directors

Executive VP & COO recently sold Mex$957k worth of stock

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

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

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

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

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

EVERTEC, Inc. Provides Revenue Guidance for the Year 2021

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

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

Board Members

Average Tenure

Average Age