New directors bring strong operational and financial
leadership experience from major industries
HUDSON,
Ohio, Sept. 28, 2023 /PRNewswire/ --
Diebold Nixdorf (NYSE: DBD) today
announced that it expanded the size of its board of directors to
seven independent members plus its chief executive officer. The
company also announced the recent appointment of four new,
independent directors, all of whom bring significant experience in
operational excellence and driving financial performance.
Patrick Byrne, Matthew Espe, Mark
Gross and David Naemura
joined the board effective Sept. 22,
2023. Mr. Byrne was appointed as chair of the board.
- Patrick Byrne is senior
vice president of operational transformation at GE. In his role, he
is responsible for driving GE's priorities around safety, quality,
delivery and cost. Previously, Byrne served as chief executive
officer of GE Digital, where he led the company's software
businesses focused on digital transformation. Prior to GE, Byrne
was at Fortive and Danaher, where he led multiple technology
businesses. He has served as a member of the board of directors for
multiple publicly traded companies, including currently serving as
chairman of Verra Mobility and previously serving as an independent
director at Micron Technology.
- Matthew Espe serves as a
board member and advisor to public companies, private equity firms
and non-profit organizations. In January
2017, he was recruited by Sterling Partners to lead the
transformation of Radial Inc. and oversaw the successful sale of
the company. He previously served as chief executive officer of
Armstrong World Industries, chairman and chief executive officer of
IKON Office Solutions, and held various roles at GE, including
president and chief executive officer of GE Lighting. He currently
serves as an independent director at WESCO International, Anywhere
Real Estate, Inc., and Korn
Ferry.
- Mark Gross is an
executive with more than 25 years of critical leadership
experience, financial expertise and deep insight in leading
business transformations. He currently serves as executive chairman
of Southeastern Grocers, co-chairman of Northeast Grocery Inc., and
as a board member and chairman of the audit committee of Acosta. He
previously served as president and chief executive officer of
Supervalu, was Co-President of C&S Wholesale Grocers, Inc.,
founded Surry Investment Advisors, and was an attorney in the
Restructuring Group at Skadden, Arps, Slate, Meagher and Flom.
- David Naemura is the
chief financial officer of Neogen Corporation. Prior to that role,
he served as chief financial officer of Vontier Corporation,
previously served as chief financial officer of Gates Industrial
Corporation and was a group chief financial officer at Danaher
Corporation. He began his career as an auditor at Deloitte &
Touche.
With these most recent appointments, Diebold Nixdorf's board now consists of eight
directors. Octavio Marquez,
Diebold Nixdorf's president and
chief executive officer, will continue to serve as a
non-independent director, and the new directors join the following
independent directors of the company's board:
- Arthur F. Anton is the
retired chairman and chief executive officer of the Swagelok
Company and former partner at Ernst & Young LLP. He is
currently a director of The Sherwin Williams Company, lead director
of Olympic Steel, chairman and director of SunCoke Energy, and a
former director of University Hospitals Health System in
Cleveland, Ohio.
- Marjorie L. Bowen is a
retired managing director at Houlihan Lokey, where she headed the
firm's industry-leading fairness opinion practice. Since 2007, she
has served on numerous public and private boards and is currently
the chair of the audit committee and a board member of CBL
Properties.
- Emanuel R. Pearlman is
the founder, chairman and chief executive officer, Liberation
Investment Group. He is currently a director of MidCap Financial
Investment Corporation and director and chair of the audit
committee of Network-1 Technologies.
Octavio Marquez, Diebold Nixdorf president and chief executive
officer, said: "I am excited about the composition of the new
board, which will provide strong leadership around operations,
finance, and corporate governance. Our focus remains on delivering
best-in-class solutions to our customers and creating value for our
stakeholders. I couldn't be more optimistic about the future of
Diebold Nixdorf."
Patrick Byrne, incoming
Diebold Nixdorf chair,
said: "I am honored to take on the role of chair at such
an exciting time for Diebold
Nixdorf. I look forward to working closely with Octavio and
the leadership team as we focus on long-term success, growth, and
operational performance. I strongly support Diebold Nixdorf's customer-centric culture and
its commitment to delivering for all its stakeholders. I look
forward to helping lead the company through such an exciting part
of its journey."
Spencer Stuart advised the
company and its largest shareholders in the Board search
process.
About Diebold
Nixdorf
Diebold
Nixdorf, Incorporated (NYSE: DBD)
automates, digitizes and transforms the way people bank and shop.
As a partner to the majority of the world's top 100 financial
institutions and top 25 global retailers, our integrated solutions
connect digital and physical channels conveniently, securely and
efficiently for millions of consumers each day. The company has a
presence in more than 100 countries with approximately 21,000
employees worldwide. Visit www.DieboldNixdorf.com for
more information.
LinkedIn: www.linkedin.com/company/diebold
Twitter: twitter.com/dieboldnixdorf
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
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SOURCE Diebold Nixdorf,
Incorporated