secwatch.observer — SEC 8-K summary
======================================

Issuer:     EVERTEC, Inc. (EVTC)
CIK:        0001559865
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0001559865-23-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.03, 5.03, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVERTEC expands board to 10, appoints independent director Virginia Gambale; shareholders approve governance changes
--------------------------------------------------------------------------------

- Board increased from 9 to 10 members; Virginia Gambale appointed effective May 25, 2023, serving on Audit and IT committees.
- Gambale is founder of Azimuth Partners, former Deutsche Bank/ABS Ventures MD, ex-CIO at Bankers Trust and Merrill Lynch.
- Shareholders approved amendment to certificate of incorporation eliminating requirement that board be fixed at nine directors.
- Bylaws amended to allow board to set size, adopt universal proxy rules, and enhance special meeting and director nomination procedures.
- All director nominees elected; advisory vote on executive compensation and ratification of Deloitte approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559865/000155986523000030/0001559865-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559865/000155986523000030/evtc-20230525.htm
  HTML page:      https://secwatch.observer/filing/0001559865-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer