Diebold Nixdorf CEO Andy Mattes steps down

December 13, 2017

Diebold Nixdorf CEO Andy Mattes steps down

CLEVELAND, Ohio -- Diebold Nixdorf Inc. on Wednesday announced three key global leadership changes including the CEO stepping down.

Andreas “Andy” W. Mattes is immediately stepping down as president and chief executive officer. The office of the chief executive will be led by Christopher A. Chapman, senior vice president and chief financial officer, and Juergen Wunram, senior vice president and chief operating officer, until a permanent successor has been named, according to a release from the company.

Diebold Nixdorf is the Summit County-based ATM and bank security company formed by the merger of Diebold Inc. and its German IT rival and ATM giant Wincor Nixdorf AG.

The Board of Directors also announced that it has created a search committee and retained the executive search firm Heidrick & Struggles to immediately begin the process of finding a new CEO.

In a press release, Henry D.G. Wallace, current chairman of the board, thanked Mattes for his service.

“Over the past several years, the company has achieved a great deal, including the acquisition of Wincor Nixdorf AG which created an industry leader with increased global scale and market diversity,” he said in a statement. “We have made great strides in our integration through the launch of the DN2020 transformation program, and capturing substantial synergies with more on the way. We now look forward to a bright future as a unified company. We thank Andy for his vision and leadership, including overseeing the transaction and integration, and for bringing us to this point in our history.”

Wunram is senior vice president and chief operating officer. He previously served Wincor Nixdorf AG as the CFO, COO and a member of the executive board, beginning in March 2007.

Chapman is senior vice president and chief financial officer. He joined Diebold in 1996 and has served in various financial leadership roles. Most recently, Chapman led the financial operations and restructuring of Diebold, Inc. beginning in October 2013.

Diebold Nixdorf is in more than 130 countries with about 24,000 employees worldwide. The organization has corporate offices in North Canton and Paderborn, Germany.