Diebold Nixdorf Names Two New Independent Directors to its Board

Rhea-AI Summary

Diebold Nixdorf (NYSE: DBD), a leader in banking and shopping transformation, has appointed Maura A. Markus and Dr. Colin J. Parris to its board of directors. Markus, former president and COO of Bank of the West, brings over 25 years of experience in banking operations, sales, and marketing. Parris, former SVP and CTO at GE Digital, offers extensive technology expertise, particularly in software and AI. Patrick Byrne, non-executive chair, expressed confidence that their banking and technology sector experience will be valuable assets, accelerating the company's improvement journey and stakeholder value creation.

Positive

• Addition of two experienced independent directors to the board
• New directors bring extensive banking and technology sector expertise
• Potential for accelerated company improvement and value creation

Negative

• None.

NORTH CANTON, Ohio, Aug. 7, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Maura A. Markus and Dr. Colin J. Parris have joined the company's board of directors.

Patrick Byrne, non-executive chair of the board, Diebold Nixdorf, said: "We are excited to welcome Maura and Colin to our board. Their extensive experience in the banking and technology sectors will be a significant asset for our Board of Directors, and their leadership will further accelerate the company's continuous improvement journey and help us build value for all our stakeholders." 

Markus is the former president and chief operating officer of Bank of the West, a role she held from 2010 to 2014. She was also a member of the board of directors, as well as the Bank's executive management committee.  Prior to joining Bank of the West, Markus was a 22-year veteran of Citigroup, serving in a number of executive leadership roles including executive vice president - head of international retail banking in Citi's Global Consumer Group; president, Citibank, N.A.; president, Citibank Greece; and sales and marketing director, Citibank Europe. She has more than 25 years of experience leading operations, sales and marketing in the U.S. and Europe, helping build both Bank of the West and Citibank in senior executive and board roles.  Markus currently serves as a director for Broadridge Financial Solutions and Stifel Financial Corp.

Parris is the former senior vice president and chief technology officer at GE Digital, a position he held from May 2020 to April 2024. He joined General Electric in 2014 as a GE Officer and vice president, GE Software Research. Before joining GE, Parris spent two decades at IBM in a variety of executive roles, serving most recently as vice president, systems research in the IBM T.J. Watson Research Division from 2013 to 2014, and general manager for IBM's Power Systems business from 2010 to 2013. He has an extensive technology background with significant experience in software – with a current focus on data software and artificial intelligence – and leading digital transformations. Parris also serves as a director for APTIV, a global mobility technology company.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms 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 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

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

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SOURCE Diebold Nixdorf, Incorporated

FAQ

Who are the new independent directors appointed to Diebold Nixdorf's (DBD) board?

Diebold Nixdorf (DBD) has appointed Maura A. Markus, former president and COO of Bank of the West, and Dr. Colin J. Parris, former SVP and CTO at GE Digital, as new independent directors to its board.

What experience does Maura A. Markus bring to Diebold Nixdorf's (DBD) board?

Maura A. Markus brings over 25 years of experience in banking operations, sales, and marketing, including executive roles at Bank of the West and Citigroup, to Diebold Nixdorf's (DBD) board.

What is Dr. Colin J. Parris's background in relation to his appointment to Diebold Nixdorf's (DBD) board?

Dr. Colin J. Parris brings extensive technology expertise, particularly in software and AI, from his roles as SVP and CTO at GE Digital and various executive positions at IBM to Diebold Nixdorf's (DBD) board.

How does Diebold Nixdorf (DBD) expect these new board appointments to impact the company?

Diebold Nixdorf (DBD) expects the new board appointments to accelerate the company's continuous improvement journey and help build value for all stakeholders, leveraging their extensive experience in the banking and technology sectors.