Diebold Nixdorf appoints new CRO and CAO to drive growth

Published 09/10/2025, 21:30
Diebold Nixdorf appoints new CRO and CAO to drive growth

NORTH CANTON, Ohio - Diebold Nixdorf (NYSE:DBD), currently valued at $2.11 billion and showing strong momentum with a nearly 39% price gain over the past six months according to InvestingPro data, announced Thursday the appointment of two current executives to newly created leadership roles aimed at accelerating growth and improving efficiency across its global operations.

Joe Myers will become chief revenue officer effective January 1, 2026, tasked with leading the company’s global Banking and Retail sales teams. Elizabeth (Lisa) Radigan will assume the role of chief administrative officer on December 1, expanding her responsibilities beyond her current position as chief legal officer.

In his new role, Myers will focus on revenue acceleration and expanding the company’s global sales pipeline, particularly capitalizing on momentum in the Retail market. Radigan will oversee human resources, security operations, employee communications and facilities to streamline core support functions.

"With a fortress balance sheet and a mindset of continuous improvement, we are positioned to keep delivering outstanding results for our customers and shareholders," said Octavio Marquez, Diebold Nixdorf president and chief executive officer, in the press release. The company’s financial health appears solid, with InvestingPro analysis showing $414 million in EBITDA and analyst price targets ranging from $70 to $80, suggesting potential upside from current levels.

The company also announced that Ilhami Cantadurucu, executive vice president of Global Retail, will leave Diebold Nixdorf to pursue other interests. He will remain with the company through early 2026 to ensure a smooth transition.

Diebold Nixdorf, which provides automated and digital solutions for banking and retail sectors, operates in more than 100 countries with approximately 21,000 employees worldwide. The company serves the majority of the world’s top 100 financial institutions and top 25 global retailers. InvestingPro analysis indicates the stock is currently undervalued, with analysts expecting net income growth this year. Discover more insights and 8 additional ProTips with an InvestingPro subscription.

In other recent news, Diebold Nixdorf reported its second-quarter earnings for 2025, slightly missing earnings per share (EPS) expectations with an actual EPS of $0.94 compared to the forecasted $0.95. The company’s revenue for the quarter reached $915.2 million. S&P Global Ratings upgraded Diebold Nixdorf to ’B+’ from ’B’, citing improved free cash flow and a stronger leverage profile, supported by cost reduction efforts and working capital efficiencies. DA Davidson reiterated its Buy rating on Diebold Nixdorf, maintaining a price target of $80.00 after visiting the company’s facilities and engaging in discussions with executives. Additionally, Diebold Nixdorf has selected Oracle Fusion Cloud Service to optimize its global service operations, aiming to improve field technician productivity and enhance customer satisfaction. These developments reflect Diebold Nixdorf’s strategic efforts to strengthen its operations and financial standing.

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