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Posted 06 June, 2022

ACI WORLDWIDE, INC. appointed new CEO

CEO Change detected for ticker Nasdaq:ACIW in a 8-K filed on 06 June, 2022.


  Jeremy M. Wilmot will cease serving as Chief Product Officer of ACI Worldwide, Inc. (the "Company") on July 5, 2022, and then serve as Special Advisor to the Company's Chief Executive Officer (the "CEO").  

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Overview of ACI WORLDWIDE, INC.
Technology • Software
ACI Worldwide, Inc. engages in the development, marketing, installation, and support of software products and solutions primarily focused on facilitating real-time electronic payments. It operates through the following segments: ACI on Premise and ACI on Demand. The ACI on Premise segment serves customers who manage their software on site. The ACI on Demand segment covers the needs of banks, financial intermediaries, merchants, and corporates who use payments to facilitate their core business. The company was founded in 1975 and is headquartered in Elkhorn, NE.
Market Cap
$3.40B
View Company Details
ACI WORLDWIDE, INC. by TradingView
Relevant filing section
Item 5.02. 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


Jeremy M. Wilmot will cease serving as Chief Product Officer of ACI Worldwide, Inc. (the "Company") on July 5, 2022, and then serve as Special Advisor to the Company's Chief Executive Officer (the "CEO"). 

During his service as Special Advisor to the CEO, Mr. Wilmot will (1) receive a salary of $7,600 for 40 hours worked monthly, (2) receive an additional $190 per hour worked in excess of 40 hours monthly, (3) remain eligible to receive an award under the Company's 2022 short-term incentive program, with a target award equal to 100% of his base salary actually earned for 2022, (4) continue to vest in his outstanding equity-based awards in accordance with their terms, and (5) remain eligible for benefits available to part-time employees. The CIC severance agreement to which Mr. Wilmot is a party will remain in effect unless and until that agreement is terminated in accordance with its terms. 

Debbie Guerra, who heads the Company's Merchant segment, will serve as the Company's Chief Product Officer commencing July 5, 2022.