EVERTEC Board Welcomes Two New Members
May 24 2019 - 8:00AM
Business Wire
EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today
announced that the Company’s shareholders elected two new members
to the Evertec Board of Directors (the “Board”), Messrs. Iván Pagán
and Aldo Polak. Ms. Teresita Loubriel and Mr. Néstor Rivera did not
stand for re-election to the Board at the Annual Meeting.
Frank D’Angelo, Chairman of the Board stated, “We are pleased to
welcome Messrs. Pagán and Polak to the Board. Their expertise in
financial and M&A matters, as well as experience in the
Caribbean and Latin American markets, will extend the breadth of
knowledge on the Board; and represent valuable assets, particularly
as the Company focuses on the continued expansion in Latin America.
We would also like to thank Ms. Loubriel and Mr. Rivera for their
dedication and service over their tenures on the Board."
Until Mr. Pagán’s recent retirement in February 2019, he held
various financial management and corporate development positions at
Popular and Banco Popular de Puerto Rico. As Head of Corporate
Development for 22 years, he managed mergers and acquisitions,
divestitures, corporate reorganizations and strategic alliances for
Popular, completing significant transactions in the United States,
Latin America, Puerto Rico and the Caribbean. Mr. Pagán holds a BBA
(Accounting) from the University of Puerto Rico and is a retired
Certified Public Accountant.
Mr. Polak is the Chief Development & Investment Officer at
Cisneros, where he oversees the development of the portfolio
businesses of the overall group and evaluates, recommends, and
executes investment decisions. Prior to Cisneros, Mr. Polak
spent over 15 years as an investment banker, most recently heading
Latin America at LionTree, a global investment and merchant banking
firm. He currently serves as a director for LatinoU and is also
involved with Endeavor, as a panelist and mentor to entrepreneurs.
Mr. Polak earned his MBA from Stanford University, and his MS
Chemical Engineering and BS Chemistry degrees from UDELAR in
Uruguay.
About EVERTEC
EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction
processing business in Latin America, providing a broad range of
merchant acquiring, payment processing and business solutions
services. The Company manages a system of electronic payment
networks that process more than two billion transactions annually
and offers a comprehensive suite of services for core bank
processing, cash processing and technology outsourcing. In
addition, Evertec owns and operates the ATH® network, one of the
leading personal identification number (“PIN”) debit networks in
Latin America. Based in Puerto Rico, the Company operates in 26
Latin American countries and serves a diversified customer base of
leading financial institutions, merchants, corporations and
government agencies with “mission-critical” technology solutions.
For more information, visit www.evertecinc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190524005016/en/
Kay SharptonInvestor Relations(787)
773-5442IR@evertecinc.com
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