ACI Worldwide (NASDAQ: ACIW) shifts CTO duties to innovation chief

Rhea-AI Filing Summary

ACI Worldwide, Inc. reported a leadership change in its technology organization. The company and Abe Kuruvilla, its Chief Technology Officer, agreed that his employment will end on January 15, 2026. Under the company’s existing severance policy, he will be eligible for severance and continued medical benefits.

Effective January 13, 2026, JP Krishnamoorthy, who serves as Chief Innovation and Technology Officer, has assumed Mr. Kuruvilla’s responsibilities. This keeps senior leadership coverage in place over the company’s technology and innovation functions while the transition occurs.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 13, 2026

Commission File Number 0-25346

ACI WORLDWIDE, INC.

(Exact name of registrant as specified in its charter)

Delaware		47-0772104
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

6060 Coventry Drive Elkhorn, Nebraska		68022
(Address of Principal Executive Offices)		(Zip Code)

(402) 390-7600

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.005 par value		ACIW		Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 13, 2026, ACI Worldwide, Inc. (the “Company”) and Abe Kuruvilla, the Company’s Chief Technology Officer, agreed that Mr. Kuruvilla’s employment will cease January 15, 2026. Mr. Kuruvilla will be eligible for severance and medical continuation benefits under the Company’s existing severance policy. On January 13, 2026, JP Krishnamoorthy, the Company’s Chief Innovation and Technology Officer assumed Mr. Kuruvilla’s responsibilities.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is filed with this report on Form 8-K:

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

				ACI WORLDWIDE, INC. (Registrant)
Date: January 14, 2026				By:		/s/ DENNIS P. BYRNES
						Dennis P. Byrnes
						Executive Vice President and General Counsel

FAQ

What leadership change did ACIW disclose in this report?

ACI Worldwide, Inc. disclosed that its Chief Technology Officer, Abe Kuruvilla, will cease employment with the company on January 15, 2026, and that his responsibilities have been assumed by JP Krishnamoorthy, the Chief Innovation and Technology Officer.

When does ACIW’s Chief Technology Officer role end for Abe Kuruvilla?

Abe Kuruvilla’s employment with ACI Worldwide, Inc. will cease on January 15, 2026, following an agreement between him and the company dated January 13, 2026.

Who is taking over the responsibilities of the CTO at ACIW?

JP Krishnamoorthy, ACI Worldwide, Inc.’s Chief Innovation and Technology Officer, assumed the responsibilities of the departing Chief Technology Officer on January 13, 2026.

Is the departing ACIW CTO receiving severance benefits?

Yes. ACI Worldwide, Inc. stated that Abe Kuruvilla will be eligible for severance and medical continuation benefits under the company’s existing severance policy.

Does this ACIW filing include any financial statements or earnings data?

No. The report focuses on the departure and transition of a senior technology executive and does not include earnings data or detailed financial statements, aside from a standard exhibit for the cover page data file.

What exhibit is included with this ACIW report?

The filing includes Exhibit 104, described as the Cover Page Interactive Data File embedded within the Inline XBRL document.