ACI Worldwide appoints two new independent directors to board

Published 01/10/2025, 11:06
ACI Worldwide appoints two new independent directors to board

OMAHA - ACI Worldwide (NASDAQ:ACIW), a global payments technology company with a market capitalization of $5.45 billion and strong financial health according to InvestingPro metrics, announced Wednesday the appointment of Todd Ford and Didier Lamouche as independent directors to its Board of Directors. The company, currently trading near its Fair Value based on comprehensive analysis, has demonstrated robust performance with 11.22% revenue growth in the last twelve months.

Ford recently served as President, CFO and EVP Operations at Coupa, a SaaS platform for business spend management. He previously held CFO positions at MobileIron, where he led the company through its IPO in 2014, and at Rackable Systems Inc. (now Hewlett Packard Enterprise). Ford currently serves on the board of 8x8 and previously sat on HashiCorp’s board before its acquisition by IBM in February 2025.

Lamouche, who is rejoining ACI’s board, most recently served as President and CEO of IDEMIA (formerly Oberthur Technologies) until his retirement in 2018. His previous leadership roles include COO of ST-Microelectronics, CEO of ST-Ericsson, and CEO of Bull Group. He currently serves on the boards of Quadient, ASM International NV, and Adecco Group.

"Board refreshment continues to be a top priority as we plan for the expected retirement and transition of two current directors," said Adalio Sanchez, Chair of the Board of ACI, in a press release statement. With four analysts recently revising their earnings estimates upward and a strong Piotroski Score of 8, InvestingPro data suggests the company is well-positioned for future growth. Discover more insights about ACI Worldwide and 1,400+ other stocks through comprehensive Pro Research Reports.

Thomas Warsop, president and CEO of ACI, noted that Ford’s experience as CFO of high-growth software technology companies and Lamouche’s track record as CEO of global systems technology companies will add value as the company focuses on "accelerating sustainable growth, delivering industry-leading software solutions and generating shareholder value."

The appointments reflect the board’s commitment to adding qualified business leaders with relevant expertise in financial management, SaaS operations, and global technology leadership. The company maintains healthy profitability with $251.05 million in net income over the last twelve months, trading at a P/E ratio of 22.13.

In other recent news, ACI Worldwide Inc. reported impressive second-quarter 2025 earnings, significantly exceeding analyst expectations. The company posted an earnings per share (EPS) of $0.35, far surpassing the forecasted $0.09, resulting in a surprise of 288.89%. Additionally, ACI Worldwide’s revenue reached $401 million, outperforming the anticipated $380.59 million. These results reflect a strong performance for the company, capturing the attention of investors and analysts alike. Following the earnings announcement, there was a notable positive sentiment among investors. This development highlights ACI Worldwide’s ability to deliver robust financial outcomes. Analysts and investors will likely keep a close watch on the company’s future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.