Payments software maker ACI Worldwide is seeking a new CEO.
The company has named Thomas Warsop, formerly the non-executive chair of its board, as interim CEO following the departure of CEO Odilon Almeida, according to a Tuesday (Nov. 8) press release.
Mary Harman, chair of the company’s nominating and corporate governance committee, said in the release that the ACI board had “determined that now is the right time to transition to a new leader focused on accelerating our technology transformation and delivering operational excellence across our business.”
In September, ACI Worldwide sold its corporate online banking solutions to One Equity Partners in a $100 million deal, giving the venture capital firm control of its customer contracts, technology assets and intellectual property. The sale also made the staff working in those divisions employees of One Equity Partners.
ACI said at the time that the deal would allow it to focus on other priorities, such as its faster-growing core business lines. Almeida said it would also give the company more resilience in a “turbulent environment” and add more revenue growth.
PYMNTS has collaborated with ACI Worldwide on a number of reports, including the recent “The Digital Wallet Mandate: Secure Bill Pay Beyond the in-Store Point of Sale.”
Consumers are drawn to mobile wallets for bill pay for ease of use and instant payment options, with half of the consumers surveyed saying they’ve used mobile wallets to pay bills in the past 12 months.
Meanwhile, consumers use bill pay an average of six to seven days per month, with 51% considering it a crucial feature of mobile wallets. PYMNTS research found that 75% of consumers use mobile wallets for speed and convenience, with 50% pointing to that as the most important reason to use mobile wallets for bill pay.
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