Keep. We are winning all around the globe, sometimes with the local hub, sometimes with the connections of the banks to the local hub. Who is family. Who wishes luck. Who leaves for good. Adjusted EBITDA for the quarter was $66 million up 10% or 11% on a constant currency basis from Q2 last year, and net new ARR bookings in Q2 were $18 million, up 3% from Q2 last year and up 43% year-to-date. 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. And then I just had a quick follow-up. Get started Odilon Almeida - President, Chief Executive Officer Scott Behrens - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Pallav Saini - Canaccord Genuity Brett. Mr. Almeida is fluent in English, Spanish and Portuguese. 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. We are expecting a good year in 2023 with the pilot. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term. 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. So I'm very confident about the pipeline of Billers, I'm very confident about the signing of Billers this year. Yes. We look forward to catching up in the coming weeks. We have nothing to announce today, Sam. I think all the input -- all the focus on the international areas are paying back. Please go ahead. Almeida: I was raised with a strong commitment to family in a culture that treated those around us as an extension of family, even if you werent a blood relative. 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. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. 2023 CNBC LLC. Please go ahead George. Copyright 2023 Surperformance. Sign up and receive our free newsletter every Monday morning. Thanks Odilon and good morning everyone. Who is victor. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. As President for the Americas and European Union Region, Odilon Almeida is responsible for We are off to a strong start in 2022. Scott Behrens - CFO . Live from London,. 1. And I have a follow-up. We'll then open the line for questions. A Division of NBCUniversal. Who is replaced. Mr Almeida owns over 15,352 units of ACI Worldwide Inc stock worth over $4,864,736 and over the last 9 years he sold ACIW stock worth over $2,984,293. Almeida, who was terminated without cause, is entitled to severance pay under an existing agreement, as long as he enters into a customary release of claims against the company,ACI said in the SEC filing, . Odilon Almeida:I hail from Sao Paulo, Brazil, and live in the US. He is the Chairman of the Compliance and Business Conduct Committee. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with. Additionally, he is a former personal care director at Colgate-Palmolive and chief operating officer of Alpargatas, a Brazilian producer of footwear, apparel and sporting goods. Our next question is from Charles Nabhan of Stephens. There are many lessons to be drawn on passion from the customers we serve global workers and small businesses moving money that moves the globe. Almeida had done a good job here of accelerating growth and refocusing the company, becoming more competitive and fine-tuning the product portfolio, Vafi said. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. A company spokesperson declined further comment. I appreciate the color. Denying reality is a loss of time and energy. Odilon Almeida's position at ACI Worldwide is effective March 9. We have a very strong pipeline in Billers. 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. And then anything changing? Well, thanks everybody for joining us. It lets merchants offer goods and services directly to consumer smartphones using location, voice and image recognition technology. 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. See Photos. This website uses cookies so that we can provide you with the best user experience possible. In my role I dont see borders, I see opportunities. Thank you and good morning everyone. He used to tell me that youd better learn to like what you have to do. I joined Western Union because it is a purpose-driven company. Almeida graduated from Maua Institute of Technology with a bachelors degree in civil engineering before completing his Master of Business Administration degree from the Getulio Vargas Foundation. Odilon? Will frictionless checkout ever take off in retail. Glenn Llopis: A 21st century leader sees opportunities everywhere, every day, and makes the most of them. 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. Who exits. Who prompts. Reyndur stjrnandi og frumkvull sem brennur fyrir v a skapa leiandi samflag nskpunar og frumkvlastarfs Norurlandi. For Q2 2022, we expect revenue to be in a range of $325 million to $345 million, and adjusted EBITDA to be in a range of $55 million to $75 million. In addition, he makes $801,335 as Pres and CEO & Director at ACI Worldwide Inc. What we are building in the cloud with Azure now, we are going to have the minimal viable product for the United States by the beginning of next year, and this is going quite well. Who leaves late. Who distributes. It is hard and it is a day-to-day matter. I can tell about that, because Ive been like traveling around the globe and have heard a little about every geography. Who lies. I think that we are well positioned to have a record year in signings of Billers this year. First question is from George Sutton of Craig Hallum. Get the free daily newsletter read by industry experts. 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. Who is honored. Our Boots on the Ground strategy continues to deliver. For some, my home country may be considered a remote part of the globe. Sir, the floor is yours. Who suffers. Who kicks back. Explore historical records and family tree profiles about Odilon Almeida on MyHeritage, the world's family history network. Who goes behind. In addition, ACI expects to enter into a transition services agreement with Mr. Almeida covering the remainder of November 2022,, ACI Director Mary Harman, who heads up the boards. Odilon is pronounced similarly to Edelin. Odilon as a name for boys is of Old German origin, and the meaning of the name Odilon is "fortunate or prosperous in battle". 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 A lot of consolidation happened. 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. 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"). ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. Your next question comes from Mayank Tandon from Needham & Company. Who is a friend. It looks like the bank business has been superb, and I guess we can thank Jerome Powell for some of that. Many times in my life she asked me, But what do you think about this? This guidance has shaped my way of thinking and keeps my eyes open to how the wind may blow from one direction or another. And this concludes today's conference call. These results continue a string of quarters in line with our financial guidance. Who is hero. That is the combination of the market reacting, but it's also the combination of our international expansion of Merchants. Find your friends on Facebook. Great. Im pleased with the consistency of our performance and our significant financial flexibility, which support short and long term profitable growth. Our management team and all employees must together understand and deliver on the needs of customers in more than 200 countries and territories. 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. 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. Who departs. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. 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. [Operator Instructions] Your next question comes from Joe Vafi from Canaccord Genuity. Origin: German. POC, owned and operated by Executive Mosaic, regularly reports news on the government contracting industry and the many types of companies involved in it. 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. We repurchased a little more than 900,000 shares for $25 million during the quarter and have repurchased approximately 2 million shares for $63 million year-to-date, and we have $154 million remaining on our current repurchase authorization as of the end of June. This is the bulk of it is all about next year. Who gives up. September 28, 2022.
