Evertec Announces CFO and COO Appointments

Evertec, Inc. (NYSE: EVTC), a prominent financial technology and transaction processing provider in Latin America and the Caribbean, has made significant leadership changes with the promotion of Joaquin Castrillo to Chief Operating Officer (COO) and Karla Cruz-Jusino to Chief Financial Officer (CFO). These appointments will take effect on November 1, 2025.

Joaquin Castrillo, who has been with Evertec for over 13 years and served as CFO since August 2018, will now assume the role of Senior Executive Vice President and COO. In his new position, he will oversee the company’s revenue and management across all commercial areas. Mac Schuessler, President and CEO of Evertec, highlighted Mr. Castrillo’s extensive experience in financial technology and transaction processing, which are crucial for navigating the complexities of Evertec's rapid growth.

Karla Cruz-Jusino, who has been with the company since July 2019 and previously held the role of Senior Vice President and Chief Accounting Officer, will take over as CFO. She will manage the company’s financial functions, including finance, accounting, treasury, tax, and investor relations. Schuessler praises Cruz-Jusino’s deep expertise in finance and accounting, ensuring continuity and excellence in the financial management function within Evertec.

Evertec is known for its ATH® network, a leading PIN debit network in Latin America, and provides a wide range of services including merchant acquiring, payment services, and business process management. The company, based in Puerto Rico, operates in 26 Latin American countries, processing over ten billion transactions annually, serving a diverse clientele of financial institutions, merchants, and government agencies.

For further information, you can visit Evertec's official website at www.evertecinc.com.

Evertec, Inc. (NYSE: EVTC) has recently announced notable changes in its executive leadership, with Joaquin Castrillo being promoted to Chief Operating Officer (COO) and Karla Cruz-Jusino stepping up as Chief Financial Officer (CFO), effective November 1, 2025. These appointments reflect a strategic move to bolster Evertec’s management as it navigates growth and complexity in the financial technology landscape.

As a financial analyst, I see these internal promotions as crucial for the company’s trajectory. Mr. Castrillo’s extensive experience—over 13 years within Evertec, including his most recent role as CFO—positions him well to enhance operational efficiency and drive the company’s commercial success. Under his leadership, Evertec can consolidate its growth initiatives, positioning the company to capitalize on increasing demand for transaction processing and fintech solutions in Latin America and the Caribbean.

The elevation of Ms. Cruz-Jusino to CFO is equally significant. With her background as Chief Accounting Officer and her tenure since 2019, she brings a solid understanding of the company's accounting and financial management practices. Her experience will be vital in overseeing Evertec's financial functions, especially in a period marked by greater financial scrutiny and regulatory oversight.

Investors should view this leadership transition as a strong signal of continuity and stability at Evertec. A solidified leadership team geared towards operational excellence is often indicative of a company poised for sustainable growth. The firm’s expansive reach across Latin America combined with its robust transaction volume positions Evertec favorably in a recession-resistant sector.

In conclusion, investors should maintain a positive outlook on Evertec, particularly given the strength of its leadership and the growing market for its services. Consider evaluating your position in EVTC as these management changes may enhance operational performance and shareholder value in the long run.