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DIEBOLD NIXDORF NAMES GERRARD SCHMID AS PRESIDENT AND CHIEF EXECUTIVE OFFICER
Diebold Nixdorf announced today 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 billion leading global fintech company that was publicly traded on the Toronto Stock Exchange prior to being merged with Misys. Under his leadership, the company evolved from a Canadian leader in payments to a global leader in real-time payments and lending software. Schmid managed a $3 billion retail banking business at Lloyds TSB in the United Kingdom. Schmid was also executive vice president and chief operating officer for retail banking at CIBC, one of the “Big Five” Canadian banks.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. The merger of Wincor Nixdorf and Diebold, which was completed last year, has created the largest company in the tech and innovation space. One in three ATMs across the globe are now Diebold Nixdorf ATMs, and the company has over 24,000 employees; bringing together the brightest minds in the industry.
As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape. Diebold Nixdorf has a presence in more than 130 countries with approximately 23,000 employees worldwide.
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