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Diebold Nixdorf Names Microsoft Corp. Executive Bill Borden as Company's Newest Board Member

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Diebold Nixdorf (NYSE: DBD) announced the appointment of William A. (Bill) Borden, corporate VP of worldwide financial services at Microsoft, to its board of directors, expanding the board from 11 to 12 members. Borden brings over 20 years of experience in financial services leadership from institutions like Bank of America and Citigroup. His expertise aims to enhance Diebold Nixdorf's strategies in global financial services and digital transformation. Borden will serve on the audit and technology committees, adding valuable perspectives to the company.

Positive
  • Appointment of Bill Borden enhances board expertise in financial services.
  • Borden's experience at Microsoft supports digital transformation initiatives.
  • Increased board diversity with the addition of a seasoned industry leader.
Negative
  • Concerns about continuity and experience gaps with new board member onboarding.

NORTH CANTON, Ohio, Nov. 5, 2021 /PRNewswire/ -- Diebold Nixdorf, Incorporated (NYSE: DBD) announced today it has added William A. (Bill) Borden, corporate vice president of worldwide financial services for Microsoft Corp., to its board of directors.

A veteran leader in the global financial services industry, Borden brings a wealth of experience to Diebold Nixdorf's board. For more than 20 years during his career, he has held various senior leadership positions at some of the largest banking institutions in the United States, including Bank of America and Citigroup. As Microsoft's thought leader in financial services, he is responsible for leading the development and execution of the company's global financial services strategy, supporting its customers in their digital transformation journeys.

Borden is a member of The Executive Leadership Council, the preeminent membership organization for the development of global Black leaders. He is committed to helping the communities in which he lives and works through board membership, volunteering and mentoring. For Diebold Nixdorf, Borden will serve on the board's audit and technology committees. His appointment expands the number of the company's directors from 11 to 12.

"On behalf of our board, we are very excited to welcome Bill as our newest director," said Gary G. Greenfield, non-executive chairman of the board, Diebold Nixdorf. "His addition will be invaluable in helping successfully guide our strategies in global financial services and digital transformation and exemplifies our ongoing efforts to bring in new perspectives and vital experience at the director level."

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform 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 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
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YouTube: www.youtube.com/dieboldnixdorf

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SOURCE Diebold Nixdorf, Incorporated

FAQ

Who is Bill Borden and what is his role at Diebold Nixdorf?

Bill Borden is a corporate vice president of worldwide financial services at Microsoft and has been appointed to Diebold Nixdorf's board of directors.

What experience does Bill Borden bring to Diebold Nixdorf?

Borden has over 20 years of experience in the financial services sector, holding leadership positions at significant institutions like Bank of America and Citigroup.

How many directors are on the Diebold Nixdorf board after Bill Borden's appointment?

With Bill Borden's appointment, the Diebold Nixdorf board has increased from 11 to 12 directors.

What committees will Bill Borden serve on at Diebold Nixdorf?

He will serve on the board's audit and technology committees.

What is Diebold Nixdorf's focus under Bill Borden's guidance?

Diebold Nixdorf aims to improve its strategies in global financial services and digital transformation.

Diebold Nixdorf, Incorporated

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1.47B
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Software - Application
Calculating & Accounting Machines (no Electronic Computers)
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United States of America
NORTH CANTON