ACI Worldwide Appoints Notable Directors

By Hao Liu • Wednesday, October 01 10:26 • Permanent Link

ACI Worldwide (NASDAQ: ACIW) has appointed Todd Ford and Didier Lamouche as independent directors to its Board of Directors. Todd Ford, who has extensive CFO, SaaS, and operational expertise, most recently served as President, CFO, and EVP Operations at Coupa, a leading SaaS platform for business spend management. Didier Lamouche, on the other hand, served as President and CEO of IDEMIA (formerly Oberthur Technologies), playing a major role in transforming the global financial payments industry.

Todd Ford, during his tenure at Coupa from 2015 to 2023, was involved in the company's $8.0 billion sale to Thoma Bravo in 2023. He previously served as CFO of MobileIron, leading the company through a successful IPO in 2014, and also as CFO and EVP of Operations of Rackable Systems Inc., where he led the start-up from $20 million in revenues to more than $350 million in revenues as a publicly traded company.

Didier Lamouche, during his time leading IDEMIA from 2013 until his retirement in 2018, played a major role in transforming the global financial payments industry by helping define the technologies behind the transition to digital payments and establishing new security standards for credit and debit cards.

ACI Worldwide's President and CEO, Thomas Warsop, expressed confidence in the appointments, emphasizing the value Todd and Didier will bring to the Board and management team as the company focuses on accelerating sustainable growth and delivering industry-leading software solutions.

The addition of these two new independent directors reflects ACI's commitment to adding highly qualified business leaders to its Board and continuing board refreshment. These appointments come as the company plans for the expected retirement and transition of two current directors.

ACI Worldwide, an original innovator in global payments technology, aims to deliver transformative software solutions that power intelligent payments orchestration in real time, enabling banks, billers, and merchants to drive growth while continuously modernizing their payment infrastructures, simply and securely. Following these announcements, the company's shares moved 0.82%, and are now trading at a price of $52.77. For more information, read the company's full 8-K submission here.

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