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8-K - FORM 8-K - DIEBOLD NIXDORF, Inc | l37934e8vk.htm |
Exhibit 99.1
pressrelease
Contacts: |
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Media Relations
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Investor Relations | |
Mike Jacobsen
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Christopher Bast | |
+1 330 490 3796
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+1 330 490 6908 | |
michael.jacobsen@diebold.com
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christopher.bast@diebold.com |
FOR IMMEDIATE RELEASE:
Nov. 2, 2009
Nov. 2, 2009
DIEBOLD NAMES BRADLEY C. RICHARDSON CHIEF FINANCIAL OFFICER
NORTH CANTON, Ohio Diebold, Incorporated (NYSE: DBD) today announced that Bradley C.
Richardson has been named executive vice president and chief financial officer (CFO). He will join
the company and assume the CFO role effective November 23.
Richardson, 51, comes to
Diebold from Modine Manufacturing Company, where he most recently served as executive vice
president, corporate strategy and CFO. Richardson has held the CFO position at Modine since 2003.
Based in Racine, Wis., Modine is a $1.4 billion auto, heavy-duty parts and specialty heating and
air conditioning manufacturer with 32 facilities worldwide in 15 countries.
Richardson has broad experience in all elements of global finance, including tax, treasury,
financial control, pension management, and corporate development. Throughout his career,
Richardson has demonstrated expertise in effective working capital management, mergers and
acquisitions, capital markets, developing performance management processes, as well as establishing
sound financial controls and financial systems infrastructure.
Prior to joining Modine, Richardson spent more than 20 years with BP Amoco in a variety of
senior financial and international operational posts. These included vice president, performance
management planning and control for BP Amocos Upstream business segment, based in London;
president of BP Amocos Caracas, Venezuela operation; and chief financial officer of the Amoco
Energy Group, North America.
Brads unique combination of experience in both financial and operational arenas and his
collaborative, goal-oriented approach to business challenges will add significant value to our
company, said Thomas W. Swidarski, Diebold president and chief executive officer. Brad will
provide Diebold with outstanding leadership, strategic insight, broad experience in implementing
sound financial practices and an approach that I feel will resonate with our associates,
shareholders and customers.
-more-
DIEBOLD NAMES BRADLEY C. RICHARDSON CHIEF FINANCIAL OFFICER/PAGE 2
Richardson holds a bachelors degree in economics and finance from Miami University (Ohio), an
MBA in accounting and finance from Indiana University, and a CPA certificate in Illinois. He is a
member of the board of directors of Tronox, Inc. (formerly Kerr McGee Chemicals) and Brady
Corporation. An Ohio native, Richardson will relocate to the Akron/Canton region in the near
future.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self-service delivery and
security systems and services. Diebold employs more than 17,000 associates with representation in
nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly
traded on the New York Stock Exchange under the symbol DBD. For more information, visit the
companys Web site at www.diebold.com, or visit www.diebold.com/150 to learn more about Diebolds
150-year history.
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