ACI Worldwide Appoints New Chief Legal Officer
Ticker: ACIW · Form: 8-K · Filed: Jul 18, 2024 · CIK: 935036
| Field | Detail |
|---|---|
| Company | Aci Worldwide, Inc. (ACIW) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.005 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, legal, personnel-change
Related Tickers: FISV
TL;DR
ACI Worldwide gets a new top lawyer from Fiserv; old GC moves to advisory.
AI Summary
ACI Worldwide, Inc. announced on July 17, 2024, the appointment of Thomas E. De Souza as Chief Legal Officer and General Counsel, effective immediately. De Souza previously served as Senior Vice President and Deputy General Counsel at Fiserv, Inc. The company also announced the departure of its previous General Counsel, John E. Johnson, who will transition to an advisory role until August 16, 2024.
Why It Matters
This executive change in a key legal role could signal shifts in the company's legal strategy or risk management approach.
Risk Assessment
Risk Level: low — The filing details a standard executive appointment and departure, which is a routine corporate event.
Key Players & Entities
- ACI WORLDWIDE, INC. (company) — Registrant
- Thomas E. De Souza (person) — Appointed Chief Legal Officer and General Counsel
- John E. Johnson (person) — Departing General Counsel
- Fiserv, Inc. (company) — Previous employer of Thomas E. De Souza
- August 16, 2024 (date) — Transition end date for John E. Johnson
- July 17, 2024 (date) — Effective date of appointment and departure
FAQ
Who has been appointed as the new Chief Legal Officer and General Counsel at ACI Worldwide, Inc.?
Thomas E. De Souza has been appointed as the new Chief Legal Officer and General Counsel.
When was the appointment of Thomas E. De Souza effective?
The appointment of Thomas E. De Souza was effective immediately as of July 17, 2024.
What was Thomas E. De Souza's previous role?
Thomas E. De Souza previously served as Senior Vice President and Deputy General Counsel at Fiserv, Inc.
Who is the departing General Counsel, and what is their transition plan?
John E. Johnson is the departing General Counsel, and he will transition to an advisory role until August 16, 2024.
What is the filing date of this Form 8-K?
The filing date of this Form 8-K is July 18, 2024.
Filing Stats: 411 words · 2 min read · ~1 pages · Grade level 11 · Accepted 2024-07-18 09:21:02
Key Financial Figures
- $0.005 — nge on which registered Common Stock, $0.005 par value ACIW Nasdaq Global Select
Filing Documents
- d817902d8k.htm (8-K) — 21KB
- 0001193125-24-180783.txt ( ) — 136KB
- aciw-20240717.xsd (EX-101.SCH) — 3KB
- aciw-20240717_lab.xml (EX-101.LAB) — 17KB
- aciw-20240717_pre.xml (EX-101.PRE) — 11KB
- d817902d8k_htm.xml (XML) — 3KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 17, 2024 Commission File Number 0-25346 ACI WORLDWIDE, INC. (Exact name of registrant as specified in its charter) Delaware 47-0772104 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 6060 Coventry Drive Elkhorn , Nebraska 68022 (Address of Principal Executive Offices) (Zip Code) (402) 390-7600 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.005 par value ACIW Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 17, 2024, Debbie Guerra informed ACI Worldwide, Inc. (the "Company") of her resignation as Chief Product Officer, effective August 12, 2024. Scotty Perkins, Head of Product Management Innovation and Modernization, will serve as interim Chief Product Officer while the Company identifies a permanent replacement for Ms. Guerra. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ACI WORLDWIDE, INC. (Registrant) Date: July 18, 2024 By: /s/ DENNIS P. BYRNES Dennis P. Byrnes Executive Vice President and General Counsel