NCR Board Adds Joe Reece to Board of Directors
NCR Corporation (NYSE: NCR) has appointed Joseph "Joe" Reece to its Board of Directors as of November 4, 2022. A veteran with over 35 years of experience in finance and corporate strategy, Reece is co-founder of SilverBox Capital LLC and has held senior roles at UBS Securities and Credit Suisse. NCR's CEO, Michael D. Hayford, expressed optimism about Reece’s expertise during a critical transition period for NCR. Reece emphasized his intent to enhance shareholder value through strategic guidance.
- Joe Reece's extensive experience in finance and M&A is expected to enhance NCR's strategic direction.
- Reece's addition to the board comes at a pivotal time as NCR transitions into two publicly traded companies, potentially increasing shareholder value.
- Concerns may arise regarding continuity as Reece steps into a newly formed board amidst significant structural changes.
Reece brings more than 35 years of experience advising public and private corporations, boards, financial sponsors and institutional investors on strategy, financing, and mergers and acquisitions in the consumer and retail, technology, media, financial services and industrial sectors. He has been the co-managing partner of SilverBox and its predecessors since 2015. He also previously served as a consultant to BDT & Company, executive vice chairman and head of investment bank for the
“We are excited to have Joe join the NCR board during our transition into two publicly traded companies,” said
“I look forward to working with NCR’s management team and board to maximize value for shareholders as the company undertakes a structural transformation,” said Reece. “I believe my investment banking and principal investment background and skill set will be additive in NCR’s boardroom.”
“I am pleased to welcome Joe to the NCR board. His extensive capital markets background will be a welcome addition to the board of directors as we assess opportunities to create value for our shareholders,” said
Reece was added to NCR’s Board of Directors on
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