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AI brief of an SEC Form 8-K · Deluxe (DLX)

Deluxe Adds Morgan Schuessler to Board of Directors as Independent Director

Neutral Impact 2 of 5 leadership Written later

Deluxe Corporation's board elected Morgan M. "Mac" Schuessler, Jr., CEO, President and director of Evertec Group, as an independent director effective February 21, 2025. He was also assigned to the Audit and Finance and Corporate Governance Committees, effective April 23, 2025, alongside new director Hugh S. Cummins. The filing reports no financial results, and the board change is administrative in nature for shareholders.

Key points

  • Schuessler elected to the board by unanimous vote on February 20, 2025, effective February 21, 2025, and will stand for re-election at the 2025 Annual Meeting
  • Board determined Schuessler is independent under NYSE listing standards and company independence standards
  • Schuessler has been CEO, President and director of Evertec Group since 2015 and previously served as President, International, at Global Payments from 2005 to 2014
  • Committee assignments for Schuessler and Hugh S. Cummins take effect April 23, 2025

The filing

CompanyDeluxe (DLX)
Form8-K, current report
Filed with the SECFeb 21, 2025, 11:24 AM ET
Accession number0000027996-25-000053

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 21, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.