Get All Access for FREEMarket News & Research,
Live Transcripts & Audio,
and a whole lot more…
E-commerce company $DBD has appointed Mark Brewer as SVP and Managing Director of Global Retail. He will be reporting to interim co-CEO Juergen Wunram. Prior to joining Diebold, Brewer served DXC Technology as Global Vice President of Enterprise and Cloud Applications. Earlier, he held several key roles at IBM.
$DBD, which provides payment solutions to enterprises, said Andreas Mattes has stepped down as President and CEO. Mattes will be succeeded by SVP & CFO Christopher Chapman and COO Juergen Wunram, on an interim basis. The company also reaffirmed its FY17 revenue guidance of $4.6Bil, and confirmed non-GAAP EPS outlook in the range of $1.05 to $1.15.
$DBD, which develops technologies for multiple industries, said it appointed Giovanni Bandi as VP of Retail for UK and Ireland. Bandi had been serving as consultant for various retail solutions companies. Diebold also appointed Lorenza Sbarbaro as General Manager, Retail, for Italy.
Turkey's VakifBank is expanding the functionality of its self-service channel by introducing new software and cash recycling systems from $DBD. The bank is upgrading 400 ATMs with multivendor software and cash recycling systems that improve cash processing efficiency while enabling the easy introduction of new services.
$DBD has promoted Patricia Lang to the post of VP and Chief People Officer. She will report to President and CEO Andy Mattes. Lang joined Diebold in 2012 as head of global rewards, human resources information systems and people analytics organizations. Earlier, she had served Mylan NV in various leadership roles.
$DBD named Devon R. Watson as its vice president, chief marketing officer. In this new role, Watson will work on the company's global marketing operations and strategy. He will report to Andy W. Mattes, president and chief executive officer.
$DBD has expanded its managed services portfolio to include new mobility management services, as well as additional enhancements to its security and compliance and as-a-service offerings. The new managed mobility services use real-time business analytics to enable proactive decision-making and actionable insights that optimize business processes.
$DBD, a technology company, has entered into a partnership with UAE-based Transguard Group to extend its services to financial institutions and retailers in the UAE. Transguard is a provider of Diebold's solutions in the region. Under the partnership, Transguard will offer maintenance services to a majority of financial institutions in the UAE.
$DBD said the ITC upheld a preliminary ruling on a patent infringement claim by Nautilus Hyosung related to ATMs. $DBD defeated three of four retaliatory patent infringement claims brought by Nautilus Hyosung. On the fourth claim, the ITC found a technical violation of a Hyosung US patent involving Wincor technology which $DBD will appeal against.
$DBD revised down its revenue outlook for fiscal 2017 to the range of $4.7- $4.8Bil from the earlier estimate of $5Bil. The company now expects to record a loss of $1.65-1.45 per share, wider than the earlier outlook of $0.95-0.65 per share loss. Net loss is currently forecast between $125MM and $110M, compared to $75-$50MM loss expected earlier.
$DBD said it has agreed to sell its Diebold business in the UK to Cennox Group, fulfilling the requirements of the Competition and Markets Authority for the launch of Diebold Nixdorf’s fully integrated brand in the UK and Ireland. The Cennox deal is expected to close on June 30.
$DBD announced that the International Trade Commission (ITC) ruled in favor of Diebold Nixdorf in its patent infringement case against Korea-based Nautilus Hyosung. The ruling bars Hyosung from importing, installing ATMs in the US. "Hyosung is now barred from importing the infringing technology into the United States," said SVP Jonathan Leiken.
$DBD announced a strategic partnership with Kony to offer white label mobile application solutions for financial institutions and retailers. The next generation mobile application suite, DN Mobile, will enable unified and highly personalized experience by leveraging cross-platform data and integrating multiple channels to drive connected commerce.