Home/Filings/8-K/0001193125-26-012321
8-K//Current report

ACI WORLDWIDE, INC. 8-K

Accession 0001193125-26-012321

$ACIWCIK 0000935036operating

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 9:15 AM ET

Size

132.7 KB

Accession

0001193125-26-012321

Research Summary

AI-generated summary of this filing

Updated

ACI Worldwide Announces CTO Departure; Responsibilities Reassigned

What Happened

  • ACI Worldwide, Inc. filed an 8-K on January 14, 2026 reporting that Chief Technology Officer Abe Kuruvilla and the company agreed his employment will cease effective January 15, 2026.
  • The company said Mr. Kuruvilla will be eligible for severance and medical continuation benefits under ACI’s existing severance policy. On January 13, 2026, JP Krishnamoorthy, ACI’s Chief Innovation and Technology Officer, assumed Mr. Kuruvilla’s responsibilities.

Key Details

  • Departure date: Abe Kuruvilla’s employment ends January 15, 2026.
  • Successor/coverage: JP Krishnamoorthy assumed the CTO responsibilities on January 13, 2026.
  • Compensation/benefits: Kuruvilla will be eligible for severance and medical continuation under the company’s existing severance policy.
  • Form filed: Disclosure made via Form 8-K (Item 5.02) filed January 14, 2026.

Why It Matters

  • This is a management-level change in a key technology role; the company indicates continuity by having an internal executive (JP Krishnamoorthy) assume responsibilities immediately.
  • For investors, the filing signals an operational leadership transition but does not disclose financial impacts, a replacement hire, or changes to strategy—important points to watch in future filings and company communications.