John Kraft on corporate strategy
From ACI Worldwide CEO says second-half growth to accelerate 'significantly' · · CNBC International Live
“It's much more like a turnaround story. If you look at ACI Worldwide in the last many years, most of the growth came from acquisitions and there was almost no organic growth. Going forward, it's going to be a combination of organic growth and acquisitions.”
On , John Kraft, Head of Strategy & Finance at ACI WORLDWIDE INC, spoke about corporate strategy during ACI Worldwide CEO says second-half growth to accelerate 'significantly' on CNBC International Live.
About John Kraft
In a September 2021 interview, ACI Worldwide CEO Odilon Almeida described the company as a "turnaround story," stating that while most of its growth in recent years came from acquisitions, the company now aims to combine organic growth with M&A. Almeida said the company expects "accelerated growth significantly" in the second half of the year, with guidance for "mid to high digit growth." He cited recent wins including a central hub for real-time payments in Indonesia and a major win in the United States. Almeida also discussed a partnership with Microsoft, saying the companies are "co-investing" to build a next-generation payments platform from scratch, rather than simply moving existing on-premise software to the cloud. He added that ACI Worldwide is "actively looking" at both buying and selling assets in the payment space, describing the company as "investor friendly" and focused on maximizing shareholder value through a combination of organic growth and M&A.