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Diebold Nixdorf (DBD) Names Gerrard Schmid as President and CEO

February 21, 2018 4:49 PM EST

Diebold Nixdorf (NYSE: DBD) today announced that Gerrard Schmid will join the company as its president and chief executive officer, effective immediately. He also will join the Diebold Nixdorf Board of Directors.

Schmid, 49, is a seasoned corporate executive with previous public-company CEO experience and a track record of delivering value in a transforming environment. His more than 20 years of leadership in banking, payments, and financial technology will help Diebold Nixdorf accelerate its evolution as the global market leader in connected commerce.

As CEO, Schmid led the transformation of D+H Corp., a $1.7... More