ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war) All rights reserved, Frank Bisignano, CEO and President of Fiserv, US Space Force Launches Rendezvous and Proximity Satellite Operation Center. He was born in Brazil and he and his family live in Miami, FL. Who designs. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. DEMOGRAPHICS), Odilon has yet to be listed in the list thus far. Got a confidential news tip? These results continue a string of quarters in which we've achieved or exceeded our financial guidance. Who is a leader. Whos old. The name Odilon is boy's name meaning "wealth". 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. Western Unions culture is shaped by five behaviors that guide our actions: Inspired, Connected, Driven, Game Changer and Responsible. I have worked across several industries: consumer packaged goods, beverages, banking and money transfer, and have worked in multiple functional areas and several countries. Sign up and receive our free newsletter every Monday morning. Odilon Almeida's position at ACI Worldwide is effective March 9. I bring with me a desire and sensibility to share the journey with my peers and direct reports. Merchant segment revenue decreased 2% on a reported basis, but increased 2% on a constant currency basis, while Merchant segment adjusted EBITDA was down 41% or down 32% on a constant currency basis versus Q2 last year. And when you go to Billers, I can tell you that we have never had this strong pipeline as we have today. Who is victim. 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. Almeida had served as the companys president and CEO since March 2020, his biography on ACIs website notes. Odilon Almeida. I will turn it over to Scott to discuss financials and forward guidance. Biller's segment revenue was flat with last year on a reported and a constant currency basis, and the Biller segment adjusted EBITDA decreased 23% and or 22% on a constant currency basis versus Q1 2021. 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. 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. Anything changing there in terms of the average term or anything that could be pulling some revenue forward? It hosts several series of annual events that discuss trends and opportunities in the defense, artificial intelligence, intelligence, cybersecurity and homeland security industries. In addition, he has proven expertise leading digital transformations, aggressively growing digital revenues for global businesses, expanding digital footprints and creating omni-channel strategies. It's all about market share, it's all about sales efficiency and about, again, the culture of accountability, the culture of growth that we are establishing. It also reinforces the mission critical role of our software and technology in leading the future of real-time payments worldwide. I am fluent in English, Spanish and Portuguese. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Last updated: 21 March 2022 at 4:51pm EST. Odilon Almeida See Photos I'm pastor of biblical shcool New Time at Missao Oeste Do Par Lives in Manaus, Brazil Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Lives in Guarulhos Odilon Almeida See Photos Lives in Maring Odilon Almeida See Photos Odilon Almeida Well, thanks everybody for joining us. ACI did not give an explicit reason for Odilon Almeidas departure from the CEO post. 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. We want to hear from you. See Photos. You may disconnect your lines at this time and have a great day! Whos number 2. Odilon's mailing address filed with the SEC is 2811 PONCE DE LEON BLVD, PH 1, , CORAL GABLES, FL, 33134. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with Almeida through November 30, 2022. Well, thanks, everybody, for joining us today. Anything else going on that I should be thinking about in terms of margins in the second quarter? Thank you, John. Who is at eye level. The Board is confident that the Company is well-positioned to build on the momentum underway as we work to provide the next generation of real-time payments solutions for our clients.. I am on this journey. Yes, I mean the bank strength, and we kind of said this coming out of the fourth quarter last year with strong exit to 2021. Continued to see that strength here in the first half of the year. So very, very positive about the trends with banks. We are off to a strong start in 2022. Helen of Troy CEO Julien Mininberg to leave, President and Chief Executive Officer of ACI since March 2020, Served as an Operating Partner at Advent International, one of the worlds largest private equity funds, from 2019 to 2020. 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. Who does well. The meaning of Odilon is "prosperous in battle". Thank you all for joining. growth, focus on growth and step change value creation is working, and that our continued focus and disciplined execution of this strategy is gaining traction. 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. Bank segment revenue grew 38% or 40% on a constant currency basis to $132 million, and segment adjusted EBITDA increased 74% on both a reported and a constant currency basis versus Q1 2021. We repurchased 1.1 million shares during the quarter for $38 million and have $178 million remaining on our current repurchase authorization as of the end of March. It lets merchants offer goods and services directly to consumer smartphones using location, voice and image recognition technology. 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. Log In. Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. So everything under plan at this point. And there is no further questions at this time. And then anything changing? Whos number 1. See Photos. Who chairs. Who packs in. And finally, turning to our outlook for 2022. I first plan to review our financial results for Q2 and then provide our outlook for the rest of the year. Please. We expect 2022 to be an inflection point for ACI. Who helps. I am pleased with the significant wins in the second quarter, and now I will turn it over to Scott to discuss financials and forward guidance. Nice results. Famous bearers include 19th century French prime minister Odilon Barrot and symbolist painter and printmaker Odilon (born Bertrand . Warsop, 56,joined ACIs board in 2015 and became non-executive chairman just five months ago in June, according to his profile on ACIs website. Odilon Da Silva. Who is at C-level. Understand, okay. Personal values are shaped by the influence of people around you and your own experiences those from your past and those with whom you currently collaborate. Who earns it. These results continue a string of quarters in line with our financial guidance. It proves that our three-pillar strategy: fit for growth, focus on growth and step change value creation is working, and that our continued focus and disciplined execution of this strategy is gaining traction. 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. Who has the last word. Our Boots on the Ground strategy continues to deliver. Certainly, the revenue range is strong, indicating another good quarter. They are excited about this new technology that we are building, and that's all about the future. That takes around six to 12 months to launch most of the time on a subscription basis, and then you have merchants, that takes around also three to six months to launch. We have a very strong pipeline in Billers. Who is honored. 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. Some of them are AR for banks and intermediaries. 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. Okay. Got it. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. Odilon Gonalves de Almeida: Birthdate: estimated before 1978 : Death: Immediate Family: Husband of Maria Salles de Almeida Father of Inim Gonalves de Almeida. First question is from George Sutton of Craig Hallum. When you talk about Merchants, that's the same case. Jose Odilon Almeida (Odilon) See Photos. All rights reserved. Odilon Almeida is on the board of Millicom International Cellular SA and Member of Young Presidents' Organization, Inc. 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. I'm pleased with our operational progress and our significant financial flexibility, which support short- and long-term profitable growth. Who is groomed. I think that is really the change that we're seeing in the company related to the culture of accountability and the culture of operational discipline. When you go to Billers. Sure, George. Popularity: 10337. odilon almeida was born on month day 1942, to nestor almeida and maria vieira ramos almeida (born borges . I learned from my mother the centrality of integrity. This is the bulk of it is all about next year. Who is humbled. If you have an ad-blocker enabled you may be blocked from proceeding. Yes. It is now my pleasure to turn the call over to Mr. John Kraft, Senior Vice President of Strategy and Finance. Mastercard cannot afford to ignore AI, CEO says, 2023 Economic Insight & Best Practices in Financial Risk Management, Why Spending Less May Be Good News for Card Companies, US, UK Households Are Cash-Stuffing to Cope With Cost-of-Living Jump, Instant Bank Payments: The Promise of a Faster Future, Money Movement, Uninterrupted: Building Resilient Payment Operations, Modernize Your Payment Stack to Increase Flexibility and Reduce Spend. Opinions expressed by Forbes Contributors are their own. ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. It wasn't just in kind of our traditional issuing, acquiring where the BASE24 product is. This is a BETA experience. In our Merchant business, we continue to ramp up innovative solutions to allow merchants to offer more payment methods for customers. Who leaves late. Sign Up. Odilon? Mr. Almeida and his closely related persons hold 26,682 Millicom shares. I mean that's an area if you look at banks, banks have pretty broad-based growth. Odilon is an unusual surname too for both adults and children. And I believe that this segment is a 7% to 9% growth segment by 2024. 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. Almeida to Assume Role Effective March 9, 2020 Two Decade Payment Industry Veteran Brings Track Record of Value Creation and Proven Expertise Leading Digital Transformations . But what I can tell you is I've been spending a good amount of my time on many opportunities that we have. Thank you all for joining us today, and now we will open for Q&A. It is making our business more predictable and our growth momentum clear. Find your friends on Facebook. Who fights for money. Served as President of Western Union Global Money Transfer from 2017 to 2019, where he managed $5 Billion of business in more than 200 countries and territories. On average, Mr trades about 6,419 units every 78 days since 2014. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Im pleased with the consistency of our performance and our significant financial flexibility, which support short and long term profitable growth. Who is first. or. Who is fired. March 2020 is the month in which Almeidas tenure as CEO began. Yes George, just to complement, I think its important to reinforce our very strong ARR growth. Almeida: I have faced very volatile markets and moments in Brazil and Latin America, from hyperinflation to all kinds of economic plans and political instability. Who is praised. We have nothing to announce today, Sam. Who kicks back. Thank you, John. ACI Worldwide, Inc. (NASDAQ:ACIW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET, Odilon Almeida - President, Chief Executive Officer, John Kraft - Head of Strategy and Finance. I guess I looked at your guidance and assumed that to get to those numbers, licenses would have to have another good quarter, maybe up 50% year-over-year. If you have an ad-blocker enabled you may be blocked from proceeding. Works at Associao I Capoeira. If you look at COVID, we were impacted in some way because they delayed the projects. Please go ahead George. I would -- if you look at it, it's a pretty wide range on revenue and in particular on EBITDA. And this concludes today's conference call. Yes, this is Scott. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. It is the star of the payments around the globe. As a follow-up, I know, Scott, you give real-time numbers in your Q, but we haven't seen that yet. Almeida left the company after less than three years at the helm, having joined in March 2020. And I think that's what you're seeing quarter after quarter. 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. We expect revenue growth to be in the mid-single digits on a constant currency basis or in the range of $1.415 billion to $1.435 billion, and we expect full year adjusted EBITDA of $400 million to $415 million. And again, we have nothing to announce, but there is a lot of work on that and a lot of progress. Who is at rest. And then if you could also touch on some of the investments you guys are making here for future growth, that would be great. BSkyB REPRINT LICENCE. Who accepts. I can tell you that our pipeline today for banks and intermediaries is significant, significant. Please enable Strictly Necessary Cookies first so that we can save your preferences! For some, my home country may be considered a remote part of the globe. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. Earlier, Mr. Almeida was President, Americas and Europe, President, Americas, Senior Vice President and Managing Director, Latin America and the Caribbean, Senior Vice President and Managing Director, South America and Regional Vice President, Southern Cone, Americas. We are reiterating our full year guidance. And I think that's what the whole journey is about. Who bows. We do have questions coming in, okay. NAPLES ACI Worldwide, which handles some 20% of the world's payment activity and did $1.01 billion in sales in 2018, named veteran industry executive Odilon Almeida president and CEO. These results underscore the predictability, resilience and momentum of our growth. Who is confidant. So for banks and intermediaries, the answer is a much more significant pipeline than 3 or 6 months ago. Llopis: A 21st century leader must understand the importance of having everyones best interests at heart. This value is top of mind for me as I lead my organization every day., 6. So real-time up 60%. Your next question comes from Peter Heckmann from D.A. Who steps back. Who steps up. Odilon Almeida, Aci Worldwide Inc: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Europe Bloomberg Daybreak Europe. ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. Explore historical records and family tree profiles about Odilon Almeida on MyHeritage, the world's family history network. It looks like the bank business has been superb, and I guess we can thank Jerome Powell for some of that. This concludes todays conference. First quarter revenue totaled $323 million, up 13% or 14% on a constant currency basis from Q1 last year. Our Boots on the Ground approach continues to deliver significant wins across international markets. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. Odilon Almeida Limawas born on month day1945, at birth place. There are 1 executives at ACI Worldwide Inc getting paid more, with Ram Puppala having the highest compensation of $1,056,554. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. Is this happening to you frequently? Llopis: A 21st century leader inspires and motivates others through their own passion and commitment to explore endless possibilities. Davidson. Dated: 22-Jul-16 Parties: (1) Executive Interviews Ltd of Unit 8 Whittle Court, Davy Avenue, Knowlhill, Milton Keynes, MK58FT, UK ("EI"); and Keep your Immigrant Perspective (See Opportunity in Everything). Yes, there are some of them that we talked about, which is license right, that we got the revenue right away. . Sign Up. Thank you, Scott. Let Payments Dive's free newsletter keep you informed, straight from your inbox. So no changes structurally in how we're doing business. Who is under. You're seeing us predicting numbers coming within the range above consensus after 8 quarters doing the same thing and accelerating growth. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Promise ACI said: Thomas Warsop, formerly the non-executive Chair of the ACI Board of Directors, has been appointed Interim Chief Executive Officer, effective immediately. 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? Who is a big wheel. We thank you for your participation. Perfect! You can find out more about which cookies we are using or switch them off in settings. Odilon Almeida's bio reads as follows: President and Chief Executive Officer of ACI since March 2020 Served as an Operating Partner at Advent International, one of the world's largest private equity funds, from 2019 to 2020 As President for the Americas and European Union Region, Odilon Almeida is responsible for So overall, we had a strong start to the year, delivering another quarter at or above the guidance we provided, and we are on track to deliver our full year outlook. The announcement follows a decline in ACI Worldwide Inc.s share price of 28% since March 2020. Scott Behrens - CFO . Who goes through hell. Who is blamed. From March 2020 to November 2022, Mr. Almeida was the as President and Chief Executive Officer, of ACI Worldwide Inc, and served as a member of the Companys Board of Directors. Prior to that, he held several positions at Western Union over 17 years, including president of that firms global money transfer unit. Precise information regarding Odilon Almeidas future plans was not immediately available. It is hard and it is a day-to-day matter. They had 3 children: Sandra de Oliveira Limaand 2 other children. I have worked in both developing and emerging countries. Who is good man. Significantly bigger than that and very skewed to international markets overall as planned, as expected. Thomas Warsop, previously the chairman of the companys board of directors, has been named interim CEO effectively immediately. Who loses. Who is ousted. 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 This type of adaptability has enriched my professional capabilities, enabled me to work with people and organizations regardless of culture, and positioned me for my current role at Western Union., 5. 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. Awesome. Who prompts. Who can say it? (TOP BABY NAMES, 2018). Who has tailwind. Who is confident. 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.