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Coinstar, Inc. Appoints James S. Pinckney Corporate Leader, Strategy And Operations

Stocks in this article: CSTR

BELLEVUE, Wash., Jan. 16, 2013 /PRNewswire/ -- Coinstar, Inc. (NASDAQ: CSTR), a leading provider of automated retail solutions, today announced that James S. Pinckney joined the company's executive leadership team this month as the corporate leader, strategy and operations, a newly-created position. Pinckney has more than 25 years of international general management, strategy and sales experience from Lenovo, Microsoft Corp., The Sabre Group and Hitachi Data Systems Corp.

(Photo: http://photos.prnewswire.com/prnh/20130116/SF43270)

Pinckney will manage strategy, supply chain and facilities, customer support and deployment, and communications functions at Coinstar.  As a member of the executive team, he reports to J. Scott Di Valerio, the company's chief financial officer and next chief executive officer.  As announced earlier this month, Di Valerio will succeed current CEO Paul Davis, who is retiring on March 31, 2013. 

"Coinstar has nearly tripled its revenue in the past three years and continues to grow as we expand our offerings and focus on our automated retail strategy," said Di Valerio.  "We brought James on board to help drive strategic functions in this next phase of our growth. He is a proven leader with an exceptional ability to develop effective strategies and lead teams through successful execution, and we look forward to his contributions here at Coinstar." 

Pinckney's previous roles included vice president of North America Transaction Business at Lenovo where he led a $1 billion revenue-generating business unit that delivered product and channel marketing expertise, including strategy and execution.

Prior to Lenovo, Pinckney held a number of roles at Microsoft over a period of nine years.  His last position was as vice president of Worldwide Field Sales, Original Equipment Manufacturer (OEM) division, where he led a sales and business development team responsible for software sales with local OEM partners around the world.

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