HUDSON, Ohio, Feb. 10, 2022 /PRNewswire/ -- Diebold
Nixdorf (NYSE: DBD) today announced that the board of directors has
appointed Octavio Marquez as the
company's president and chief executive officer effective
March 11, 2022. Marquez will also
join Diebold Nixdorf's board. Current CEO Gerrard Schmid will remain a member of the board
of directors until his current term expires at the 2022 Annual
Shareholder Meeting and will serve as an advisor to the company to
help ensure a seamless transition.
![](https://mma.prnewswire.com/media/1743655/Octavio_Marquez_Diebold_Nixdorf.jpg)
Marquez, current executive vice president of Global Banking,
joined Diebold in January 2014 and
has held multiple leadership roles during his time at the company.
With responsibility for delivering 70% of the company's revenues
leading the company's Global Banking teams, he works directly with
customers to automate, digitize and transform the way people bank.
Driving the company's banking strategy globally, his leadership
spans sales and solutions distribution, including Professional and
Managed Services. Before joining the company, Marquez served as
managing director for the Mexico
operations for EMC, a global leader in IT management and cloud
computing, and held several leadership roles at Hewlett Packard,
including president of HP Mexico.
After forming a search committee and retaining a leading
executive search firm to identify a visionary leader to succeed
Gerrard Schmid, the company
considered internal and external candidates.
Gary Greenfield, Diebold
Nixdorf non-executive chairman of the board, said: "Diebold
Nixdorf has made significant strategic and operational progress
during Gerrard's tenure as CEO. Under his leadership the company
has grown profitability, gained market share through launching
market-leading products, strengthened our leadership bench, entered
new markets and successfully executed on a broad-based cost and
efficiency program. I want to thank Gerrard for his leadership and
contributions to the company.
"Selecting the CEO and ensuring that appropriate leadership
development and succession practices are in place are among the
most important roles of a Board. Diebold Nixdorf has a strong
leadership team, and the board has identified a leader that will
help the company continue its trajectory as a world leader in
enabling connected commerce. Octavio is a superb customer-oriented
leader and has been integral in driving Diebold Nixdorf's
strategic, operational and financial progress. He is uniquely
positioned to lead an exciting path ahead for Diebold Nixdorf."
Marquez said: "I am honored to have the opportunity to
lead Diebold Nixdorf as we see a growing need for automation and
self-service in our retail and banking markets. I look forward to
working with our talented team to continue innovation, driving
profitable growth in areas like Retail, Electric Vehicle Services,
Payments and Managed Services, while optimizing performance in our
core business through a disciplined focus on cost management. I
look forward to creating opportunities for our employees and
generating value for our customers and shareholders."
Schmid said: "I have been privileged to represent Diebold
Nixdorf as CEO alongside the best team in the business. The company
has made enormous progress, meeting the rapid and significant
changes taking place in our industries. I am proud of all we have
accomplished together through such a critical time of the company's
growth and development. The company is well positioned for future
success, and I look forward to partnering with Octavio and the team
to support his smooth transition into the CEO role."
About Octavio Marquez
Marquez currently serves as the executive vice president, Global
Banking, at Diebold Nixdorf. Previously, Marquez led the
organization's Banking operations in the Americas, after heading
the Latin American region for Diebold, Inc. when he joined the
company in January 2014. Marquez's
leadership successfully repositioned the business, most notably in
Brazil and Mexico for growth and the economic
environment.
Before joining Diebold Nixdorf, Marquez served as managing
director for the Mexico operations
for EMC, a global leader in IT management and cloud computing. In
this role, he developed transformational strategies that exceeded
revenue and profitability goals while improving customer
satisfaction. Marquez also held several leadership roles at Hewlett
Packard in the areas of manufacturing, marketing, sales, and
outsourcing. As president of HP Mexico, he transformed the company
into the largest IT company in the market and in 2011 Frost &
Sullivan named CEO of the Year in Mexico for the IT and telecommunications
industry. He has also held several leadership positions with IBM
and NCR.
Marquez holds a bachelor's degree in business and finance from
the Universidad Iberoamericana, in Mexico
City and has certificate on Corporate Strategy from the
Massachusetts Institute of Technology
as well as completing the Business Bridge Program at Dartmouth College.
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
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
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SOURCE Diebold Nixdorf, Incorporated