U.S. Markets closed

EVERTEC, Inc. (EVTC)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
18.50+0.05 (+0.27%)
At close: 4:02PM EDT
People also watch
ECOMEPAMEVEREXLSLXFT

EVERTEC, Inc.

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

SectorTechnology
IndustryBusiness Software & Services
Full Time Employees1,650

Key Executives

NameTitlePayExercisedAge
Mr. Morgan M. Schuessler Jr.Chief Exec. Officer, Pres and Director1.35MN/A44
Mr. Peter J. S. SmithChief Financial Officer, Exec. VP and Treasurer876.84kN/A50
Mr. Philip E. SteurerChief Operating Officer and Exec. VP557.64kN/A48
Mr. Miguel VizcarrondoHead of Merchant Acquiring & Payment, ATM, POS Processing & ATH Network and EVP of Payment Svcs547.13kN/A44
Mr. Alan I. Cohen-ShoremanHead of Investor RelationsN/AN/A51
Amounts are as of December 31, 2016 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. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates through three segments: Merchant Acquiring, Payment Processing, and Business Solutions. The Merchant Acquiring segment 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 Payment Processing segment 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. Its services include credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; payment and billing products for merchants, businesses, and financial institutions; and EBT services. The Business Solutions segment 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, corporations, and governments. 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, as well as various indirect sales channels, including value-added resellers. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Corporate Governance

EVERTEC, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 6. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 4; Compensation: 4.

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.