EVERTEC CEO Morgan Schuessler's 2018 pay falls 37% to $4.7M
EVERTEC reports 2018 executive compensation
By ExecPay News
Published: April 8, 2020
EVERTEC reported fiscal year 2018 executive compensation information on April 8, 2020.
In 2018, seven EVERTEC executives received on average a compensation package of $1.5M, a 50% decrease compared to previous year.
Average pay of disclosed executives at EVERTEC
Morgan M. Schuessler, Jr, Chief Executive Officer, received $4.7M in total, which decreased by 37% compared to 2017. 64% of Schuessler's compensation, or $3M, was in stock awards. Schuessler also received $20K in bonus, $968K in non-equity incentive plan, $679K in salary, as well as $46K in other compensation.
Peter J.S. Smith, Chief Financial Officer, received a compensation package of $1.3M, which decreased by 52% compared to previous year. 77% of the compensation package, or $1M, was in stock awards.
Miguel Vizcarrondo, Executive Vice President and Head of Payment Services, Puerto Rico & Caribbean, Business Solutions and Merchant Acquiring, earned $1.2M in 2018, a 27% decrease compared to previous year.
Philip E. Steurer, Chief Operating Officer, received $1.2M in 2018, which decreases by 27% compared to 2017.
Luis A. Rodríguez, General Counsel, earned $1.1M in 2018.
Guillermo Rospigliosi, Executive Vice President and Chief Product & Innovation Officer, received $675K in 2018, which decreases by 56% compared to 2017.
Joaquín A. Castrillo, Chief Financial Officer, earned $407K in 2018.
Related executives
Guillermo Rospigliosi
EVERTEC
Executive Vice President and Chief Product and Innovation Officer
Morgan Schuessler
EVERTEC
Chief Executive Officer
Peter Smith
EVERTEC
Chief Financial Officer
Joaquín Castrillo
EVERTEC
Chief Financial Officer
Luis Rodríguez
EVERTEC
General Counsel
Philip Steurer
EVERTEC
Chief Operating Officer
Miguel Vizcarrondo
EVERTEC
Executive Vice President and Chief Commercial Officer for Puerto Rico and the Caribbean
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Source: SEC filing on April 8, 2020.