EVERTEC CEO Morgan Schuessler's 2019 pay slips 3% to $4.6M
EVERTEC reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
EVERTEC reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five EVERTEC executives received on average a compensation package of $1.8M, a 22% increase compared to previous year.
Average pay of disclosed executives at EVERTEC
Morgan M. Schuessler, Jr, Chief Executive Officer, received $4.6M in total, which decreased by 3% compared to 2018. 66% of Schuessler's compensation, or $3M, was in stock awards. Schuessler also received $21K in bonus, $798K in non-equity incentive plan, $700K in salary, as well as $33K in other compensation.
Joaquín A. Castrillo, Chief Financial Officer, received a compensation package of $1.2M, which increased by 201% compared to previous year. 49% of the compensation package, or $600K, 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 2019, a 2% decrease compared to previous year.
Guillermo Rospigliosi, Executive Vice President and Chief Product & Innovation Officer, received $1.1M in 2019, which increases by 70% compared to 2018.
Philip E. Steurer, Chief Operating Officer, earned $1.1M in 2019, a 2% decrease compared to previous year.
Related executives
Morgan Schuessler
EVERTEC
Chief Executive Officer
Joaquín Castrillo
EVERTEC
Chief Financial Officer
Guillermo Rospigliosi
EVERTEC
Executive Vice President and Chief Product and Innovation Officer
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.