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Diebold Appoints Merz As Senior Vice President, Strategic Projects

Stocks in this article: DBD

NORTH CANTON, Ohio, July 25, 2013 /PRNewswire/ -- Diebold, Incorporated (NYSE: DBD) today announced that Stefan E. Merz has been appointed senior vice president of strategic projects, effective Aug. 1.  In this role, Merz will be responsible for driving Diebold's transformation strategy, helping execute on the company's previously disclosed multi-year realignment plan, and identifying other areas of improvement that will drive future growth. 

(Logo: http://photos.prnewswire.com/prnh/20080725/DIEBOLDLOGO)

With executive-level experience in strategic development, business intelligence, sales effectiveness and business transformation, Merz has a proven record of driving results and improving profitability in large, global technology companies.

"We are very pleased to have Stefan join the Diebold team," said Andy W. Mattes, Diebold president and chief executive officer. "His experience and collaborative approach to strategic planning is very relevant to our company's needs at this point, and will be extremely influential in guiding Diebold's future direction and help the company realize profitable growth."

Prior to joining Diebold, Merz held various leadership positions at Hewlett-Packard (HP) Enterprise Group, headquartered in Palo Alto, Calif., where he most recently served as vice president of sales strategy and operations. In this role, he was responsible for planning and optimizing sales and field selling costs, compensation design and effectiveness and sales productivity.  Before his time at HP, Merz worked at Siemens AG, based in Munich, Germany, most recently serving as vice president of strategy and marketing.  In this role, he was responsible for defining the organization's enterprise services strategy and growth initiatives.

A native of Sindelfingen, Germany, Merz received a master's degree in economics from the Universitat Hohenheim in Stuttgart, Germany, and a bachelor's degree in marketing and finance from Baden-Wuerttemberg Cooperative State University (DHBW) in Stuttgart, Germany.

About Diebold Diebold, Incorporated (NYSE: DBD) is a global leader in providing innovative self-service technology, security systems and related services. Diebold has approximately 16,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter: http://twitter.com/DieboldInc.

SOURCE Diebold, Incorporated

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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