Whether it is funding everyday expenses, such as education, medical and financing micro businesses for their family and loved ones, settling small business trades across the globe expeditiously or sending money to tide over a crisis or a disaster these are all passionate pursuits that build opportunity and increase potential. We look forward to reporting on our continued progress in the next quarters. Continued to see that strength here in the first half of the year. Thank you, Scott. Who is vested. Also, we have a very strong pipeline of ARR in banks, which is new for us with a lot of new logos that are really looking to our cloud offering. Who has a say. Who is a bigwig. Other recommended sound-alike names are Adison, Adisson (see Addison), Admon, Adron, Aimon, Allon, Arion, Brion, Buiron, Caidon, Dallon, Dalon, Deion, Delon, Dillon, Dilon, Dion, Dixon, Dyllon, Edison, Edmon, Edson, Eilon, Einon, Elon, Emilion, Gidon, Gillon, Gilon, Gilson, Haimon, Hilton, Ilon, Jaelon, Jailon, Jaison, Lidon, Lion, Liron, Marlon, Mellon, Milton, Miron, Neilson, Nilson, Oberon, Odall (see Odell), Odell, Odhran, Odie, Odin, Odo, Odolff, Odon, Ogdon, Oisin, Olen, Olin, Olyn, Orion, Orlan, Oron, Rion, Simon, Sion, Tallon, Talon, Taylon, Tildon, Timon, Verlon, Waylon, Wilson and Wilton. You may disconnect your lines at this time and have a great day! Welcome to the ACI Q1 earnings announcement call. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. Odilon has significant experience in corporate governance. And then if you could also touch on some of the investments you guys are making here for future growth, that would be great. I am fluent in English, Spanish and Portuguese. 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. He is the Chairman of the Compliance and Business Conduct Committee. 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. The underestimated truth is that we will all get a much better return in our organizations by focusing on strengths over weaknesses. It is these six characteristics that define the most important strengths of the 21st century leader, and that enable us to overcome the perceived weaknesses when we arent letting our authentic values and natural ways we think, act and perform influence our leadership. We continue to cement our mid-single digit organic growth, while positioning the company to grow by 7% to 9% by 2024. Who leaves early. Almeida left the company after less than three years at the helm, having joined in March 2020. That really gets into kind of the mix of what license deals get done before the end of the quarter and which ones don't. Who betrays. We will take your questions at the end. Who is right. Who is at C-level. We're already talking to the banks about that. Odilon Almeida Almeida Profiles | Facebook Mr. Almeida (1961) is a senior global leader with an exceptional record of value creation in the financial, fintech, telecom and consumer goods sectors. And there is no further questions at this time. Scott? The slides that accompany this call and webcast can be found at aciworldwide.com, under the Investor Relations tab, and will remain available after the call. As a follow-up, I know, Scott, you give real-time numbers in your Q, but we haven't seen that yet. Odilon Almeida:I hail from Sao Paulo, Brazil, and live in the US. 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. Unlocking Connected Power Of Real-Time Payments | PYMNTS.com This is a BETA experience. Who is hired. And remember, under the new rules, if you have an example -- for an example, renewal, you can't recognize that until the start of the new term. 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. We'll then open the line for questions. Is this happening to you frequently? Who is successful. Regarding our third pillar, step-change value creation to M&A, we have no announcements at this time, but I can assure you that we are making progress. Who loses. My personal portfolio focuses on the Americas and European Union, accounting for approximately 60 percent of global revenues. And I think that's what the whole journey is about. Live from London,. Who chairs. Western Union And so I wanted to follow up and just see if I'm misinterpreting the mix. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with. ACI Worldwide Names Thomas Warsop Interim Chief Executive Officer Okay. On todays call we will discuss the companys second quarter 2022 results and ACIs financial outlook for the rest of the year. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Previously, with a 17-year tenure at Western Union, Mr. Almeida advanced through increasingly significant general management and operating roles at Western Union, the global leader in cross-border and cross-currency money movement. This website uses cookies so that we can provide you with the best user experience possible. 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. At this time, it is my pleasure to turn the floor over to your host, John Kraft, Head of Strategy and Finance. Thank you, Scott. Would have anticipated Biller to be a little stronger with the modernized interface. Who wants to go. 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. This quarter's strong organic revenue growth and significant new business wins demonstrate the continued execution of our Fit for Growth and Focus on Growth strategy. Who is welcomed. Who is confident. Who is under. Anything else going on that I should be thinking about in terms of margins in the second quarter? So it is performing as expected. Who steps up. Perfect! And the other main belief that we have, as I said before, 1 of the 4 pillars of growth in international markets and that those international markets continue to overdeliver for us. We bought 2 million shares through June 30 and have $154 million remaining on our share repurchase authorization. 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. Odilon Almeida, President and CEO of ACI Worldwide Odilon Almeida - President and CEO. A Division of NBCUniversal. [Operator Instructions] Please note that today's conference is being recorded. s business across 98 countries, encompassing all the companies products and services in three macro regions: North America, Latin America and Caribbean and the European Union. [Operator Instructions]. And again, we will update our outlook for the impact of the sale of our corporate online banking business once it closes, which is expected to be before the end of the third quarter. 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. Odilon Almeida Junior - Board member and Chairman of the - LinkedIn Who is familiar. See Photos. 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. Who packs out. The announcement follows a decline in ACI Worldwide Inc.s share price of 28% since March 2020. You're seeing us predicting numbers coming within the range above consensus after 8 quarters doing the same thing and accelerating growth. Who is last. Who is thrilled. See Photos. 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. (Lead to Leave a Legacy). Please. | Learn more about Sesselja Ingibjrg Bardal Reynisdottir's work experience, education, connections & more by visiting their profile on LinkedIn I'm pleased with our operational progress and our significant financial flexibility, which support short- and long-term profitable growth. We ended the quarter with $115 million in cash on hand, a debt balance of $1 billion and a net debt leverage ratio of 2.4x, which is just under our 2.5x target. If you look at COVID, we were impacted in some way because they delayed the projects. I wouldn't say we have any particular update. Thank you and good morning everyone. Thank you. Please disable your ad-blocker and refresh. 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. Who is big kahuna. It is the star of the payments around the globe. Almeida had served as the companys president and CEO since March 2020. . Please go ahead. BlueSky Technology Service, a U.S. technology consulting firm offering payments worldwide will use ACI Secure eCommerce. He succeeds Odilon Almeida, who is departing from his role as CEO of ACI. or. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. So I think the investment for growth in real-time payments is showing, you can see the above 60% growth this quarter. This year, as we said last time, we are projecting around mid-digit growth. Who is refunded. Who will be back. I mean that's an area if you look at banks, banks have pretty broad-based growth. We have a very strong pipeline in Billers. Sure, Sam. Scott? This is the bulk of it is all about next year. So I wondered if we could go into a little bit more segment detail. It requires that you focus on the specific strengths of the individual and sometimes this does not come naturally. Our decision to change directions should depend on our core beliefs and not on the way the current wind is blowing. This is Pallav Saini on for Joe. Odilon Almeida - President, Chief Executive Officer Scott Behrens - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Pallav Saini - Canaccord Genuity Brett. Millicom | Tigo - Leading the digital lifestyle I appreciate the color. 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. So I wouldn't look at anything structural with Q2 in particular. Odilon Jos De Sousa Almeida. Odilon Almeida - Biography Who is host. ACI Worldwide: No sign of Covid disrupting real-time digital - CNBC You may continue. Important URLs: Odilon Almeida Net Worth (2023) | wallmine So you buried the lead again. Who is chief. Trusted information source for millions of people worldwide . 1. H is employment was "terminated as President & CEO of the Company," according to an ACI filing with the Securities and Exchange Commission. 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. During his 16-year tenure at the financial services company, Almeida ascended to the role of president. From my life experience to date -- in several countries with distinct and unique cultures -- I have found that once you can develop a shared sense of the reality you are approaching, bringing people together to share a journey and a vision can lead to infinite possibilities., 2. Working to achieve this requires commitment, resilience and a sense of urgency, and as a truly global company our employees bring this to the fore every day based not only on their own diversity and passion for what they do, but that also of our customers., 4. Who is there. Q1 didn't come different than what we were expecting, came close to what we were expecting. ACI Worldwide Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Keep your Immigrant Perspective (See Opportunity in Everything) Joe Vafi, managing director of equity research at Canaccord Genuity, called Almeidas firing a little bit of a head scratcher.. Employ your Circular Vision (Anticipate the Unexpected). Anything changing there in terms of the average term or anything that could be pulling some revenue forward? Our Boots on the Ground approach continues to deliver significant wins across international markets. Who is groomed. 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. I thank our ACI employees for their dedication and our partners and customers for their trust. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality - and how they influence his leadership role to this day. And thanks for that. The steady cadence of significant business wins validates our three pillar strategy. Almeida previously had a lengthy career spanning 17 years at Western Union. 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. Miami-based ACI provides payments software services to banks, merchants and billers worldwide, and it has worked with the Federal Reserveon the central banks FedNow instant payments pilot. (2000 U.S. [Operator Instructions] And we do not have any questions at this time oh! Who is at eye level. Who is bad man. Revenue for the quarter was $340 million, up 13% or 14% on a constant currency basis from Q2 last year. Yes, Ill take the latter first. Who is victor. As President for the Americas and European Union Region, Odilon Almeida is responsible for The next-gen RTP that youre talking about, can you just give us a sense of what will be enhanced when that comes out? Who sees red. Bigger than the pipeline that we have 2 quarters ago. Odilon Almeida's position at ACI Worldwide is effective March 9. Our next question is from Charles Nabhan of Stephens. Who says what. I am on this journey. Who is silent. 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. Secure and increase the performance of your investments with our team of experts at your side. ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q2 2022 Results Todays call is subject to Safe Harbor and forward-looking statements like all of our events. arms race fueling the tech sector, Altimeter CEO: Autos will have difficulty to pass on price increases when the industry is deflating, Brookfield CEO on economy: Growth slowing around the world but we focus on long-term businesses, BNY Mellon CEO: Banking crisis 'chapter' is really behind us, Constraints in credit market will create opportunity in private credit, says KKR co-CEO. It continues to grow above 40% around the globe. (exechange) Miami, Florida, November 8, 2022 Odilon Almeida, chief executive of ACI, leaves his position. I have seen people struggle with reality and spend much time and effort to deny it. [Operator Instructions]. The bank segment continues to come a little above what we expect. Odilon Almeidas duties as CEO will be taken over temporarily by Thomas (Tom) Warsop, most recently non-executive Chairman at ACI Worldwide Inc., as Interim Chief Executive Officer. Odilon Lima - Historical records and family trees - MyHeritage During his 30+ year career, he has set strategy and led growth acceleration involving retail and digital transformations, organic expansion and the acquisition and integration of new businesses. Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? Who exits. ACI Worldwide fires CEO | Payments Dive 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. Who departs. On today's call, we will discuss the company's first quarter 2022 results and our financial outlook for the rest of the year. Who is gone. Sign up for free newsletters and get more CNBC delivered to your inbox. Thank you all for joining. 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. A former top executive at Western Union, Almeida replaces Phil Heasley, who ran the . It is making our business more predictable and our growth momentum clear. Sign Up. Odilon Almeida Age : 60 Public asset : 2,411,753 USD Linked companies : Millicom International Cellular S.A. Summary Odilon Almeida is on the board of Millicom International Cellular SA and Member of Young Presidents' Organization, Inc. And finally, turning to our outlook for the rest of 2022. Llopis: A 21st century leader is entrepreneurial by nature, constantly building relationships, taking smart risks, learning rapidly all with the objective of making a positive impact. Who assists. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. Who crumbles. Odilon Almeida da Silva. Who is blamed. (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. Mr Almeida is 60, he's been the Pres and CEO & Director of ACI Worldwide Inc since . I have learned to be nimble by exposing myself to experiences and taking advantage of opportunities as they have arisen in my career. Some of them are AR for banks and intermediaries. Who is not named. Odilon Da Silva. Who designs. And this concludes today's conference call. I have learned their motivations are driven by a greater purpose: to excel not only for themselves, but for their families and loved ones. Who is humbled. I have worked across several industries: consumer packaged goods, beverages, banking and money transfer, and have worked in multiple functional areas and several countries. Earlier in his career, Almeida worked for The Coca-Cola Company. He was born in Brazil and he and his family live in Miami, FL. When you talk about Merchants, you can see that in Merchants, we are going back to 8% constant currency basis, we believe that this segment can give double-digit growth, around 10%, low teens, I would say. Odilonmarried Teresinha de Oliveira Lima (born Oliveira). No, nothing in particular. Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. In his four years at the multinational beverage corporation, he served as marketing director for Brazil and chief of staff for Latin America operations. Mr. Almeida and his closely related persons hold 26,682 Millicom shares. Who is good man. Who kicks back. Who leaves late. 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. And I have a follow-up. Guest Contributions So that's kind of why we put that range in there. Dated: 22-Jul-16 Parties: (1) Executive Interviews Ltd of Unit 8 Whittle Court, Davy Avenue, Knowlhill, Milton Keynes, MK58FT, UK ("EI"); and Live with an Entrepreneurial Spirit (Innovation Comes Second Nature). ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q3 2021 Results - Earnings Call Transcript Nov. 06, 2021 3:59 PM ET ACI Worldwide, Inc. (ACIW) SA Transcripts 128.49K Follower s Q3:. Most recently he bought 15,352 units of ACIW stock worth $500,322 on 8 November 2021. Six Characteristics of 21st Century Leaders (Interview with Odilon Odilon Almeida - Fintech Finance That's why we are in the guidance. Odilon Almeida. ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. Odilon as a boy's name is related to the Old Germna name Odilo. 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. Who is major. Who lies. Well, thanks, everybody, for joining us today. It wasn't just in kind of our traditional issuing, acquiring where the BASE24 product is. Real-time payments had over 60% revenue growth in the quarter, and our fraud detection product was in the mid-20s. Most recently, he was President, Western Union Global Money Transfer, where he headed the companys $5B consumer business in 200+ countries and territories. Who is a leader. Who sees green. Who wins. He was buried at burial place. Odilon Almeida - Historical records and family trees - MyHeritage That basically is like a rewrite of all the code. Turning to our segment results, bank segment revenue grew 24% or 27% on a constant currency basis, and segment adjusted EBITDA increased 29% on both a reported and a constant currency basis versus Q2 last year. Facebook gives. View the profiles of people named Odilon Almeida Almeida. Reyndur stjrnandi og frumkvull sem brennur fyrir v a skapa leiandi samflag nskpunar og frumkvlastarfs Norurlandi. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. People named Odilon Almeida Da Silva. Yes, okay yes. Thanks, Odilon, and good morning, everyone. Mr. Odilon Almeida was first elected to the Board of Millicom in May 2015. And finally, turning to our outlook for 2022. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. Odilon Almeida Da Silva Profiles | Facebook Prior to that, he held several positions at Western Union over 17 years, including president of that firms global money transfer unit. Who is bad. odilon almeida was born on month day 1942, to nestor almeida and maria vieira ramos almeida (born borges . Promise So for banks and intermediaries, the answer is a much more significant pipeline than 3 or 6 months ago. Who is a big wheel. The estimated Net Worth of Odilon Almeida is at least $8.65 Million dollars as of 8 November 2021. Got it. Omans Central Bank will use ACIs real-time central infrastructure software to drive immediate payments as the country modernized towards a cashless society. Opinions expressed by Forbes Contributors are their own. I'd say that we really saw a lot of -- there was pent-up demand, if you look at -- in particular, on the bank side on license in the early part of last year that really picked up in the second half. Who bows out. Davidson. Who is doomed. Entering text into the input field will update the search result below, continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. We have nothing to announce today, Sam. 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. That is the combination of the market reacting, but it's also the combination of our international expansion of Merchants. I learned from my mother the centrality of integrity. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Who benefits. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z. This year, we are cementing our mid-single-digit organic growth and positioning the company to deliver upper single digits by 2024. Who resigns. Immaterial of where you are from, immersing in diverse cultural and personal norms may sometimes make it feel that accomplishing a task is impossible. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term. You have India, Brazil, China, Taiwan, U.K. leading the pace. Please disable your ad-blocker and refresh. Works at Associao I Capoeira. And again, we have nothing to announce, but there is a lot of work on that and a lot of progress. All Rights Reserved. Some are divestitures, some are acquisitions, all of them are accretive to the company. A French masculine form of Odilia/Odile which ranked in the top 500 in France for most of the first two decades of the 20th century, but has since fallen out of use. Who pays back. 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. We are reiterating our full year guidance. Great. We reported organic growth of 13% or 14% on a constant currency basis, and EBITDA growth of 10% or 11% on a constant currency basis. With that, I will pass it back to Odilon for some closing comments. 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. In these positions, he turned around businesses in the U.S., Europe, Africa, Mexico, Central America and the Caribbean, established WU as the global digital market leader in P2P money transfer, and grew WUs Latin America and Caribbean business by more than 5x in 10 years through organic growth acceleration and successful M&A. Odilon - Name Meaning, What does Odilon mean?
Italian Evangelical Church,
Articles O