odilon almeida family

See Photos. I think real-time payments is the star, right? So no changes structurally in how we're doing business. These results underscore the predictability, resilience and momentum of our growth. Who is bad man. Western Union Miami-based ACI provides payments software services to banks, merchants and billers worldwide, and it has worked with the Federal Reserveon the central banks FedNow instant payments pilot. And I think that's what the whole journey is about. As a follow-up, I know, Scott, you give real-time numbers in your Q, but we haven't seen that yet. Computer and internet geek with passion for Android | Learn more about Hilmar r H Egilson's work experience, education, connections & more by visiting their profile on LinkedIn Who speaks. South Koreas Lotte Card Co., a leading credit card conglomerate with the largest distribution and service network nationwide, has appointed ACI to build the core foundation of its credit card business. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. So you can think about the next generation of our BASE24 or switch or issuing or acquiring our RTP. So we're in the -- I'd call it, we're in the early months of that partnership, but nothing in particular to update on that. s business across 98 countries, encompassing all the companies products and services in three macro regions: North America, Latin America and Caribbean and the European Union. The name refers to: Odilo of Cluny, sometimes referred to as St. Odilon; Odilon Barrot (1791-1873), French politician; Odilon Lannelongue (1840-1911), French physician and surgeon; Odilon Polleunis (b. There are 1 older and 7 younger executives at ACI Worldwide Inc. This year, we are cementing our mid-single-digit organic growth and positioning the company to deliver upper single digits by 2024. Who steps back. Last year, we announced our partnership with RocketFuel as a partner in providing crypto as a payment option. Who is groomed. And the other main belief that we have, as I said before, 1 of the 4 pillars of growth in international markets and that those international markets continue to overdeliver for us. 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. Whos number 1. Odilon Almeida:I hail from Sao Paulo, Brazil, and live in the US. Most recently, he was President, Western Union Global Money Transfer, where he headed the companys $5B consumer business in 200+ countries and territories. We see our international business growing much faster than our business in United States and in Europe at this point, and that should continue going forward. Who steps up. Who leaves. We continue to make our business more predictable and deliver on our commitments. Popularity: 10337. Is this happening to you frequently? On this mornings call is Odilon Almeida, our President and CEO; and Scott Behrens, our CFO. Who repeats. Who is confident. Who is major. Log in or sign up for Facebook to connect with friends, family and people you know. Please go ahead. For some, my home country may be considered a remote part of the globe. I bring with me a desire and sensibility to share the journey with my peers and direct reports. Our next question is from Charles Nabhan of Stephens. Who is missed. Will frictionless checkout ever take off in retail. In summary, we had a strong first quarter with results within our guidance and above consensus. With that, I will pass it back to Odilon for some closing comments. About us Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. When you talk about Merchants, you can see that in Merchants, we are going back to 8% constant currency basis, we believe that this segment can give double-digit growth, around 10%, low teens, I would say. Who gives in. You may opt-out by. Who congratulates. Whos obsolete. Who mourns. Who is thrilled. You may disconnect your lines at this time and have a great day! Who comes. A French masculine form of Odilia/Odile which ranked in the top 500 in France for most of the first two decades of the 20th century, but has since fallen out of use. Some examples include: Maybank is the largest financial services group in Malaysia with strong regional footprint in Asia. Meaning: prosperous in battle. Whos out. Sign Up. Who is hero. 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. Subscribe to Payments Dive for top news, trends & analysis. Who is bad. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Entering text into the input field will update the search result below, continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. But in parallel, we have all the modernization of our offering, where we are building this next generation of payments, cloud native, that is -- that we're going to have like the minimum viable product already in the beginning of next year. Thank you and good morning everyone. I thank our ACI employees for their dedication and our partners and customers for their trust. John Kraft - VP, IR. He was born in Brazil and he and his family live in Miami, FL. This is Pallav Saini on for Joe. Who is there. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The Middle East is taking strides towards real-time payments as national governments prioritize infrastructure modernization. You're seeing us predicting numbers coming within the range above consensus after 8 quarters doing the same thing and accelerating growth. Keeping this cookie enabled helps us to improve our website. Central government mandates continue to be the difference maker for faster adoption of real-time payments around the globe. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term. Whos old. VP & Chief Revenue Officer. Albeit a small portion of the business, it can have a year-over-year impact, but thats up 6% constant currency year-to-date. And again, we have nothing to announce, but there is a lot of work on that and a lot of progress. I can tell you that our pipeline today for banks and intermediaries is significant, significant. (TOP BABY NAMES, 2018). We are pleased to deliver another quarter of results in line with guidance and consensus. Who is well. 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. Would have anticipated Biller to be a little stronger with the modernized interface. Odilon Almeida - President, Chief Executive Officer Scott Behrens - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Pallav Saini - Canaccord Genuity Brett. Scott? He also took courses from IMD and Harvard Business School. Mr Almeida owns over 15,352 units of ACI Worldwide Inc stock worth over $4,711,676 and over the last 9 years he sold ACIW stock worth over $2,984,293. The oldest executive at ACI Worldwide Inc is Evanthia C. Aretakis, 61, who is the Exec. Today's call is subject to safe harbor and forward-looking statements, like all of our events. We do have questions coming in, okay. Who distributes. Todays call is subject to Safe Harbor and forward-looking statements like all of our events. When you talk about Merchants, that's the same case. Who signs. People named Odilon Almeida Da Silva. No, nothing new. Odilon Almeida, president, chief executive officer and board director of ACI Worldwide, a global software company that provides real-time payment solutions to corporations around the world, leads 4,000 employees based on values. Please disable your ad-blocker and refresh. So for banks and intermediaries, the answer is a much more significant pipeline than 3 or 6 months ago. Who heals. Get the free daily newsletter read by industry experts. Who resigns. These names tend to be more frequently used than Odilon. Promise Join Facebook to connect with Odilon Almeida Almeida and others you may know. Through this I learned to focus on outcomes and not dwell on how to get there. I have seen people struggle with reality and spend much time and effort to deny it. We bought 2 million shares through June 30 and have $154 million remaining on our share repurchase authorization. Many are opportunities others don't see. Awesome. Who scolds. If you peel that back even further on the bank side, really thats a lot of thats being powered by real-time payments, which you know through the first half of the year is up almost 50% over last year, so a lot of strength there. Thank you. Secure and increase the performance of your investments with our team of experts at your side. So real-time, very strong, just really broad-based in the bank's strength in the first quarter. No, nothing in particular. That's great to hear. Our new ARR bookings growth was 3% compared to the second quarter of 2021 and ARR year-to-date is up 43%. Specifically working at Western Union, I am aware of the motivations of our customers, whether that is a global worker sending money back home or a small business settling a trade expeditiously. Once again, we delivered results within our guidance and above consensus. Odilon Almeida's position at ACI Worldwide is effective March 9. As we've previously said, now that our debt balances are at our leverage targets, we have revised our capital allocation priorities in the near term, increasing the expected cash flow used for repurchases to approximately 50% of our cash flow. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with Almeida through November 30, 2022. growth of 117% compared to the first quarter of 2021. So it is performing as expected. I guess I looked at your guidance and assumed that to get to those numbers, licenses would have to have another good quarter, maybe up 50% year-over-year. Yes, okay yes. So I wouldn't look at anything structural with Q2 in particular. Who crumbles. Odilon Gonalves de Almeida: Birthdate: estimated before 1978 : Death: Immediate Family: Husband of Maria Salles de Almeida Father of Inim Gonalves de Almeida. This greater purpose is important immaterial of rank and file. Thank you all for joining us today, and now we will open for Q&A. Odilon Jos De Sousa Almeida. This concludes todays conference. As you know, we are in the board of FedNow. So very, very positive about the trends with banks. Who has tailwind. Live from London,. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. We are off to a strong start in 2022. We're in the range of $1.415 billion to $1.435 billion. But as Odilon Almeida, global chief executive officer at ACI. Thank you, John. Who fights for honor. | March 25, 2023 ACI Director Mary Harman, who heads up the boards nominating and corporate governance committee, described the CEO ouster in the press release as a needed leadership change. Our decision to change directions should depend on our core beliefs and not on the way the current wind is blowing. ENDS WITH -on. Odilon has significant experience in corporate governance. Sign Up. Working to achieve this requires commitment, resilience and a sense of urgency, and as a truly global company our employees bring this to the fore every day based not only on their own diversity and passion for what they do, but that also of our customers., 4. Please disable your ad-blocker and refresh. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Keep your Immigrant Perspective (See Opportunity in Everything). [Operator Instructions] Your first question comes from George Sutton from Craig-Hallum. | Learn more about Sesselja Ingibjrg Bardal Reynisdottir's work experience, education, connections & more by visiting their profile on LinkedIn Llopis: A 21st century leader is entrepreneurial by nature, constantly building relationships, taking smart risks, learning rapidly all with the objective of making a positive impact. I learned from my mother the centrality of integrity. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. All rights reserved, Frank Bisignano, CEO and President of Fiserv, US Space Force Launches Rendezvous and Proximity Satellite Operation Center. Who is a big wheel. So the point is we are not only projecting this year to be strong, solid and predictable, but also we are coming with a very strong not only pipeline, but fine to guarantee that we have also a bright year next year. On todays call we will discuss the companys second quarter 2022 results and ACIs financial outlook for the rest of the year. Yes, this is Scott. I find it very important to get to know what motivates my colleagues and how to bring my values to the table in a way that strengthens partnerships in terms of mutuality. Who reigns. Who topples. Continued to see that strength here in the first half of the year. Thank you, Scott. Who departs. Now let me turn to some recent wins. Almeida presided over an earnings call with analysts that day. We have a very strong pipeline in Billers. In addition, he makes $801,335 as Pres and CEO & Director at ACI Worldwide Inc. Mr has made over 11 trades of the ACI Worldwide Inc stock since 2014, according to the Form 4 filled with the SEC. And what some potential areas of interest might be in the near term? Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? Who pays. Who bows. Who tumbles. He also has driven consistently successful short- and medium-term turnarounds to restore growth while improving both operating discipline and execution across markets in the U.S., Europe, Middle East, Africa, Latin America and the Caribbean. Who sits. Odilonmarried Teresinha de Oliveira Lima (born Oliveira). Odilon Almeida, president and CEO of payments software company ACI Worldwide, says there is no sign of the Covid-19 crisis impacting real-time digital payments this year or moving forward. So we can see, again, the pipeline in the international markets getting stronger month after month. During his 16-year tenure at the financial services company, Almeida ascended to the role of president. Welcome to the ACI Q1 earnings announcement call. Got it. The underestimated truth is that we will all get a much better return in our organizations by focusing on strengths over weaknesses. It is these six characteristics that define the most important strengths of the 21st century leader, and that enable us to overcome the perceived weaknesses when we arent letting our authentic values and natural ways we think, act and perform influence our leadership. Who is chief. Employ your Circular Vision (Anticipate the Unexpected). Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Who will be back. Llopis: Because 21st century leaders can see opportunity in everything, it gives them wide-angle, circular vision to anticipate crisis and manage change before circumstances force their hand. Please. Earlier in his career, Almeida worked for The Coca-Cola Company. Who is refunded. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality - and how they influence his leadership role to this day. We ended the quarter with $119 million in cash-on-hand, a debt balance of $1.1 billion and a net debt leverage ratio of 2.4x, which is just below our 2.5x target. Almeida: As one of the leaders in a Fortune 500 company, I find I must nurture and act on my entrepreneurial spirit daily, while navigating and building an organization that has the infrastructure necessary to serve about 10,000 employees who live and work in over 50 countries and speak more than 37 languages. I'd say that we really saw a lot of -- there was pent-up demand, if you look at -- in particular, on the bank side on license in the early part of last year that really picked up in the second half. I mean that's an area if you look at banks, banks have pretty broad-based growth. Almeida previously had a lengthy career spanning 17 years at Western Union. 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 is humbled. We want to hear from you. Have a great day. Can you just give us an update on the real-time piece of the business? We reported organic growth of 13% or 14% on a constant currency basis, and EBITDA growth of 10% or 11% on a constant currency basis. Please enable Strictly Necessary Cookies first so that we can save your preferences! Scott? Who is welcomed. Unleash your Passionate Pursuits (Strive for Excellence). Some of them are AR for banks and intermediaries. Have a great day! Almeida: My father taught me to appreciate life and live life to the fullest. We keep you up to date on the latest CEO changes. Who accepts. Who assists. They work with a generous purpose and fuel momentum for themselves and others. Who resigns. I have worked in both developing and emerging countries. He stabilized and accelerated the global business growth, while driving transformational growth in the digital business, establishing Western Union as the global digital leader in P2P cross border money transfer. Of this total $675,000 was received as a salary, $837,000 was received as a bonus, $0 was received in stock options, $7,249,979 was awarded as stock and $6,080 came from other types of compensation. Trusted information source for millions of people worldwide . You may now disconnect. We expect 2022 to be an inflection point for ACI. It requires that you focus on the specific strengths of the individual and sometimes this does not come naturally. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. I have learned to be nimble by exposing myself to experiences and taking advantage of opportunities as they have arisen in my career. Thank you, and good morning, everyone. Our partnership with Ellucian, the industry leader in student information systems, has resulted in the signing of 22 schools. Who is confidant. The slides accompanying this call and webcast can be found at www.aciworldwide.com under the Investor Relations tab and will remain available after the call. Odilon Almeida. Embrace your Cultural The meaning of Odilon is "prosperous in battle". We will take your questions at the end. Who has headwind. As of 8 November 2021 he still owns at least 184,410 units of ACI Worldwide Inc stock. I am also a member of the board of directors of Millicom International (NASDAQ:TIGO), a $6B international provider of cable and mobile services to 50M+ consumers in Latin America and Africa. Mary Harman, Nominating & Corporate Governance Committee Chair, said: 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. Who wins. Who goes ahead. A lot of consolidation happened. Exhibit 10.1 SEVERANCE AGREEMENT This SEVERANCE AGREEMENT (this " Agreement "), by and between ACI Worldwide, Inc., a Delaware corporation (the " Company "), and Odilon Almeida (" Executive ") is effective as of the date set forth on the signature page (the "Effective Date"). It lets merchants offer goods and services directly to consumer smartphones using location, voice and image recognition technology. arms race fueling the tech sector, Altimeter CEO: Autos will have difficulty to pass on price increases when the industry is deflating, Brookfield CEO on economy: Growth slowing around the world but we focus on long-term businesses, BNY Mellon CEO: Banking crisis 'chapter' is really behind us, Constraints in credit market will create opportunity in private credit, says KKR co-CEO. (Lead to Leave a Legacy). Thomas Warsop, previously the chairman of the companys board of directors, has been named interim CEO effectively immediately. Work with a Generous Purpose (Share Momentum with Others). 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. Who decides. Banks obviously drove the results. Find your friends on Facebook. The steady cadence of significant business wins validates our three pillar strategy. ACI Worldwide Inc., a leading global provider of real-time electronic payment and banking solutions, today announced that Odilon Almeida has been appointed President and Chief Executive Officer . Thank you, guys. This value is top of mind for me as I lead my organization every day., 6. Who is sad. Who leaves for good. Mr. Almeida and his closely related persons hold 26,682 Millicom shares. Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. It wasn't just in kind of our traditional issuing, acquiring where the BASE24 product is. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality - and how they influence his leadership role to this day. With that, I'd like to turn the call over to Odilon. Famous bearers include 19th century French prime minister Odilon Barrot and symbolist painter and printmaker Odilon (born Bertrand . Who deserves it. Who prompts. You can find the full text of both statements on the first and final pages of our presentation deck, a copy of which is available on our website and with the SEC. We are also very, very happy about this 2 quarters with double digit. See Photos. 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. Merchant segment revenue increased 6% or 8% on a constant currency basis, while Merchant segment adjusted EBITDA was flat or down 3% on a constant currency basis versus Q1 last year. 1. We continue to expect 2022 adjusted EBITDA of $400 million to $415 million, and this excludes onetime costs related to the move of our European data centers to the public cloud. A company spokesperson declined further comment. Almeida had served as the companys president and CEO since March 2020. . Who is big kahuna. In these positions, he turned around businesses in the U.S., Europe, Africa, Mexico, Central America and the Caribbean, established WU as the global digital market leader in P2P money transfer, and grew WUs Latin America and Caribbean business by more than 5x in 10 years through organic growth acceleration and successful M&A. So real-time up 60%. Joe Vafi, managing director of equity research at Canaccord Genuity, called Almeidas firing a little bit of a head scratcher.. Hello everyone! Who says what. To subscribe, click here. Want to share a company announcement with your peers? Served in various leadership capacities for Western Union from 2002 to 2016, including President Americas and Europe, President Americas and Senior Vice President and Managing Director, Latin America and Caribbean, Serves on the Board of Millicom International Cellular S.A. (NASDAQ: TIGO) and chairs the Boards Compliance and Business Conduct Committee. With that, Id like to turn the call over to Odilon. 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? Revenue for the quarter was $340 million, up 13% or 14% on a constant currency basis from Q2 last year. Yes, Ill take the latter first. There are hills and valleys, but that cultural perspective must always be kept at the forefront., 3. And thanks for that. Who is first. It is making our business more predictable and our growth momentum clear. Precise information regarding Odilon Almeidas future plans was not immediately available. I wouldn't say we have any particular update. , 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. Who is doomed. I am fluent in English, Spanish and Portuguese. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with. And I think if you look at the performance last year, you can see that as an improvement, and I would expect and that we are well positioned this year to continue to get closer to the double-digit growth. So I wanted to, if we could, Odilon, go more into detail on some of the segments. Sign up for free newsletters and get more CNBC delivered to your inbox. Who lies. Now, let me turn to some latest trends and wins. Who is not named. At this time, it is my pleasure to turn the floor over to your host, John Kraft, Head of Strategy and Finance. Sure, George. Also, we have a very strong pipeline of ARR in banks, which is new for us with a lot of new logos that are really looking to our cloud offering. 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. So that's kind of why we put that range in there. 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. Odilon is an unusual surname too for both adults and children. Who is minor. Sign up and receive our free newsletter every Monday morning. In this position, he turned around and stabilized WUs largest global business following years of volatility and compliance issues, generated top-line continuous profitable growth acceleration and, expanded WUs digital footprint strengthening the companys position as the Global digital leader in Consumer Money Transfer. Turning to our segment results, bank segment revenue grew 24% or 27% on a constant currency basis, and segment adjusted EBITDA increased 29% on both a reported and a constant currency basis versus Q2 last year. Odilon Almeida concludes that, Its important to remember that when you get caught up in day-to-day operations, like many, we tend to focus more on repairing what is wrong than optimizing what is good and strong. Thank you. This year, as we said last time, we are projecting around mid-digit growth. Like many who have found success in leadership positions, he embodies the six characteristics that define what it means to be a 21st century leader. Who stumbles. Who bows out. Okay. Explore historical records and family tree profiles about Odilon Almeida on MyHeritage, the world's family history network. 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. We all can learn to realize these six characteristics by embracing the immigrant mentality that accounts for 40% of Fortune 500 companies, which were founded by immigrants or their children. Who has to go. Who goes through hell. Payments company ACI Worldwide has fired its CEO, Odilon Almeida, the company disclosed in a regulatory filing Tuesday. Who is invested. Payments software firm ACI Worldwidehas parted ways with now former CEO Odilon Almeida and appointed Thomas Warsop as interim CEO, effective immediately. For example, 30 percent of our consumer to consumer transfers fund education. So you buried the lead again. These results continue a string of quarters in line with our financial guidance. When we went out of our Q4 earnings, we said we are continuing to see that here in the first half of this year. They share their successes instantly across the remotest parts of the world, driving enormous change instantly. Odilon Almeida is the president, chief executive officer and a member of the board of ACI Worldwide, a provider of real-time electronic payment and banking solutions. I think we look at the Merchant business and we had a very strong quarter in recurring revenue last year that was the recovery of the pandemic, and there is the anniversary of that, but I can tell you that we are still estimating a very strong year for merchants in the year to go. Who is a follower. The most active insiders traders include Philip G Heasley, John E Stokely, and Harlan F Seymour. Who steps down. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation. Customers use its proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. I wouldn't look at Q2 kind of stand-alone as anything. 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. Who is victim. Who packs in. 1. For Q3 we expect revenue to be in the range of $310 million to $325 million, and adjusted EBITDA to be in a range of $50 million to $65 million. Your next question comes from Peter Heckmann from D.A. Prior to that, he held several positions at Western Union over 17 years, including president of that firms global money transfer unit.

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