EVTC - EVERTEC, Inc.

NYSE - NYSE Delayed Price. Currency in USD

EVERTEC, Inc.

Cupey Center Building
Road 176 Kilometer 1.3
San Juan, PR 00926
United States
787-759-9999
http://www.evertecinc.com

SectorTechnology
IndustrySoftware - Infrastructure
Full Time Employees2,100

Key Executives

NameTitlePayExercisedYear Born
Mr. Morgan M. Schuessler Jr.Pres, CEO & DirectorN/AN/A1973
Mr. Philip E. SteurerExec. VP & COON/AN/A1969
Mr. Luis A. Rodríguez-GonzálezExec. VP, Sec. and Gen. Counsel – Legal, Compliance & Corp. Devel.589.2kN/A1978
Mr. Miguel Vizcarrondo CarriónExec. VP of Payment Services, Puerto Rico & Caribbean, Bus. Solutions and Merchant AcquiringN/AN/A1973
Mr. Joaquin A. Castrillo-SalgadoExec. VP & CFON/AN/A1983
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

EVERTEC, Inc. engages in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in four segments: Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. The company manages a system of electronic payment networks that process approximately two billion transactions. It sells and distributes its services primarily through a proprietary direct sales force. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is based in San Juan, Puerto Rico.

Corporate Governance

EVERTEC, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.