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odilon almeida family

    odilon almeida family

    I have learned their motivations are driven by a greater purpose: to excel not only for themselves, but for their families and loved ones. Who is bad. Good day ladies and gentlemen and welcome to the ACI Worldwide, Second Quarter 2022 Conference Call. It looks like the bank business has been superb, and I guess we can thank Jerome Powell for some of that. And when you go to Billers, I can tell you that we have never had this strong pipeline as we have today. Copyright 2023 Surperformance. It is not about nationality; it is about the values that help define achievement. So when we talk about ARR, we are talking about the first year expected revenue after we launch that client and we have a growth of like more than 40% this year, and we are projecting very strong growth for this year. Who congratulates. Odilon as a name for boys is of Old German origin, and the meaning of the name Odilon is "fortunate or prosperous in battle". To help provide for an orderly transition, the Board intends to enter into a transition services agreement with. You're seeing us predicting numbers coming within the range above consensus after 8 quarters doing the same thing and accelerating growth. Odilon Almeida's bio reads as follows: President and Chief Executive Officer of ACI since March 2020 Served as an Operating Partner at Advent International, one of the world's largest private equity funds, from 2019 to 2020 Thank you for the question, Joe. I first plan to review our financial results for Q2 and then provide our outlook for the rest of the year. I have worked across several industries: consumer packaged goods, beverages, banking and money transfer, and have worked in multiple functional areas and several countries. Download full size colour image Mr. Almeida (1961) is a senior global leader with an exceptional record of value creation in the financial, fintech, telecom and consumer goods sectors. Thank you, John. Who is sorry. Whos old. 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. I will turn it over to Scott to discuss financials and forward guidance. Who is gone. I wanted to follow up a little bit on your second quarter guide. You may disconnect your lines at this time and have a great day! So -- but I think if you look at combined Q1, Q2, first half year-over-year, that would imply -- at the low end of the range would imply a 10% revenue growth and EBITDA growth in the mid-teens. Earlier, Mr. Almeida was President, Americas and Europe, President, Americas, Senior Vice President and Managing Director, Latin America and the Caribbean, Senior Vice President and Managing Director, South America and Regional Vice President, Southern Cone, Americas. Yes. That's a great question because the pipeline is all about the future. So I wanted to, if we could, Odilon, go more into detail on some of the segments. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. , The free newsletter covering the top industry headlines, Getnet Mexico and Pacto Launch Integrated Restaurant Software and Payments Solution Nationwide, Microsoft Executive to Provide AI Insights for Innovative Payments Conference Attendees, By signing up to receive our newsletter, you agree to our, Payments company ACI Worldwide has fired its CEO, Odilon Almeida, the company disclosed in a regulatory filing Tuesday. We recently launched ACI Smart Engage, a mobile engagement platform. What are maybe some of the opportunities there for you in the near to medium term? A 21st century leader understands the importance of reciprocity and how legacies are built. Real-time payments had over 60% revenue growth in the quarter, and our fraud detection product was in the mid-20s. Awesome. 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. From a vertical standpoint we saw really strong growth in government tax payments year-over-year, and so I would say, of all the segments we had, that had the strongest year-over-year growth. We are pleased to deliver another quarter of results in line with guidance and consensus. Who is missed. Work with a Generous Purpose (Share Momentum with Others). The idea is to have the minimal viable product by Q1 next year, and then were going to start to roll it out around the globe in the coming two years. I'm pleased with the direction and focus of the business, the execution of our strategy and our progress in driving growth and strengthening profitability. 16 Agency Leaders Explore The SEO Trends Impacting Their Work In 2023, 15 Smart Ways To Address High Employee Turnover, How Vietnam's Entertainment Industry Can Increase Its Global Reach, 6 Best Practices For CEOs And Professional Leaders Using LinkedIn, The Startup Formula Myth: 3 Things Every Biz Dev Professional Should Prioritize, Political Debates In The Workplace: Navigating 3 Strategies For Leaders, Dont Wait: Take These Steps To Avoid Burnout Now, What Retailers And Nonprofits Can Learn From Each Other About Driving Advocacy. Who stumbles. This is a number of quarters in a row, very good to see, but certainly, the last 2 quarters have just been very, very strong from a software license fee perspective. Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. POC, owned and operated by Executive Mosaic, regularly reports news on the government contracting industry and the many types of companies involved in it. (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. Prior to that, he held several positions at Western Union over 17 years, including president of that firms global money transfer unit. Who gives up. 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. Work is underway on our next-generation, real-time payments cloud platform, and we expect the release of the minimum viable product in the first quarter of 2023.We expect the divestiture of our corporate online banking solutions to close in the third quarter of 2022, and our continuous rigorous review of divestitures and acquisitions opportunities to maximize shareholder value remains unchanged. Promise That's great to hear. The estimated Net Worth of Odilon Almeida is at least $8.5 Million dollars as of 8 November 2021. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. Who mourns. It's all about market share, it's all about sales efficiency and about, again, the culture of accountability, the culture of growth that we are establishing. Well, thanks, everybody, for joining us today. Who is there. Personal values are shaped by the influence of people around you and your own experiences those from your past and those with whom you currently collaborate. Great. | Learn more about Sesselja Ingibjrg Bardal Reynisdottir's work experience, education, connections & more by visiting their profile on LinkedIn Merchant segment revenue decreased 2% on a reported basis, but increased 2% on a constant currency basis, while Merchant segment adjusted EBITDA was down 41% or down 32% on a constant currency basis versus Q2 last year. Llopis: Success comes most to those surrounded by people who want their success to continue. And this concludes today's conference call. Get this delivered to your inbox, and more info about our products and services. Trusted by millions of genealogists since 2003. nominating and corporate governance committee, described the CEO ouster in the press release as a needed leadership change. Who is familiar. Who is humbled. ACIs board plans to tap an executive search firm in seeking a permanent CEO replacement, the release said. In addition, he makes $801,335 as Pres and CEO & Director at ACI Worldwide Inc. Odilon Almeida Age : 60 Public asset : 2,411,753 USD Linked companies : Millicom International Cellular S.A. Summary Odilon Almeida is on the board of Millicom International Cellular SA and Member of Young Presidents' Organization, Inc. This value is top of mind for me as I lead my organization every day., 6. Odilon Almeida, Aci Worldwide Inc: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Europe Bloomberg Daybreak Europe. Scott? Served as President of Western Union Global Money Transfer from 2017 to 2019, where he managed $5 Billion of business in more than 200 countries and territories. Who has tailwind. Our pipeline is significantly better than it was 3 months ago, 6 months ago. Indias largest white label ATM service provider with more than 11,000 ATMs has signed ACIs enterprise payments platform solution to support its expansion. Who distributes. Who speaks. Significantly bigger than that and very skewed to international markets overall as planned, as expected. Meaning: prosperous in battle. Previously served in management roles of increasing responsibility at BankBoston (now Bank of America), The Coca-Cola Company and Colgate-Palmolive, working in United States, Canada, Brazil and Mexico. We are reiterating our full year guidance and expect revenue growth to be in the mid-single digits on a constant currency basis. Odilon Almeida Da Silva. The announcement follows a decline in ACI Worldwide Inc.s share price of 28% since March 2020. EBITDA growth of 50% or 49% on a constant currency basis and new ARR bookings growth of 117% compared to the first quarter of 2021. We continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. Please enable Strictly Necessary Cookies first so that we can save your preferences! The name Odilon is boy's name meaning "wealth". 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. Scott? Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? We look forward to catching up in the coming weeks. Central government mandates continue to be the difference maker for faster adoption of real-time payments around the globe. Who will be back. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. Who is invested. Who serves. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. Who is praised. In his four years at the multinational beverage corporation, he served as marketing director for Brazil and chief of staff for Latin America operations. We continue to invest in this segment. Warsop, 56,joined ACIs board in 2015 and became non-executive chairman just five months ago in June, according to his profile on ACIs website. 2023 CNBC LLC. Yes, just to complement George. Almeida to Assume Role Effective March 9, 2020 Two Decade Payment Industry Veteran Brings Track Record of Value Creation and Proven Expertise Leading Digital Transformations . Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Yes, this is Scott. 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. Who is doomed. Almeida: I have faced very volatile markets and moments in Brazil and Latin America, from hyperinflation to all kinds of economic plans and political instability. [Operator Instructions] And we do not have any questions at this time oh! ACI Worldwide Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. What the appetite is today there? When we went out of our Q4 earnings, we said we are continuing to see that here in the first half of this year. On average, ACI Worldwide Inc executives and independent directors trade stock every 44 days with the average trade being worth of $1,160,558. Who resigns. The steady cadence of significant business wins validates our three pillar strategy. Who goes behind. ACI Worldwide, Inc. (NASDAQ:ACIW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET, Odilon Almeida - President, Chief Executive Officer, John Kraft - Head of Strategy and Finance. Influenced by their cultural values, they had a distinct advantage in business and in life by being able to see opportunities everywhere opportunities previously unseen and that others didnt see at all. (exechange) Miami, Florida, November 8, 2022 Odilon Almeida, chief executive of ACI, leaves his position. I can tell about that, because Ive been like traveling around the globe and have heard a little about every geography. Who contributes. Who is first. And as a follow-up, I wanted to get some color on a high level on what youre seeing in terms of bank spending and how much of a priority payments is given the current macro backdrop, and what youre hearing from your conversations with your bank clients? We have a very strong pipeline in Billers. But the merchant piece of the business has been slowing and the recurring revenue slowing, and I just wanted to make sure we understood sort of what is causing that to occur? He qualifies as independent of major shareholders as well as the Company and its management according to the Swedish Code of Corporate Governance, and relevant rules of the Nasdaq Stock Market.

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