NCR Atleos appoints new Chief Accounting Officer

Published 18/03/2025, 21:14
NCR Atleos appoints new Chief Accounting Officer

ATLANTA - NCR Atleos Corporation (NYSE: NATL), known for its self-service financial technology, announced the appointment of Traci Hornfeck as its new Chief Accounting Officer, effective March 31, 2025. Hornfeck brings a wealth of experience, transitioning from her role as Chief Accounting Officer at Rollins, Inc. (NYSE: ROL).

With nearly a quarter-century of expertise, Hornfeck has held significant positions at prominent companies such as Equifax Inc. (NYSE: EFX), where she was the U.S. controller, and began her career at PricewaterhouseCoopers, LLP. Her background includes leading accounting functions, driving financial reporting accuracy, implementing technology enhancements, and ensuring regulatory compliance. During her tenure at Equifax, the company maintained strong financial performance, with current InvestingPro data showing impressive gross profit margins of 56.55% and a substantial market capitalization of $29.26 billion.

Andy Wamser, Atleos’ Executive Vice President and Chief Financial Officer, expressed confidence in Hornfeck’s ability to contribute to the company’s growth, especially after its first year as an independent public entity. For deeper insights into company financials and performance metrics, investors can access comprehensive Pro Research Reports available on InvestingPro, covering over 1,400 US stocks with expert analysis and actionable intelligence.

Atleos, headquartered in Atlanta, Georgia, operates the largest independently-owned ATM network and employs approximately 20,000 people worldwide. The company specializes in ATM expertise and is dedicated to enhancing financial self-service experiences for consumers while improving operational efficiency for financial institutions and driving customer traffic for retailers.

This announcement is based on a press release statement from NCR Atleos Corporation.

In other recent news, Equifax reported its Q4 2024 earnings, revealing mixed results with a slight beat in earnings per share (EPS) but a miss on revenue expectations. The company’s EPS was $2.12, marginally surpassing the forecasted $2.11, while revenue reached $1.42 billion, falling short of the anticipated $1.44 billion. Despite the earnings beat, the revenue miss led to a negative market reaction. Equifax also announced a significant 50% increase in its dividend and is contemplating share buybacks, indicating a focus on enhancing shareholder value. The company’s leverage ratio improved significantly, dropping from 2.3x to 1.5x, showcasing financial discipline. Equifax remains optimistic about its future, with plans to expand its contract compression fleet and focus on energy infrastructure. Additionally, the company noted a strong backlog and strategic focus on international markets. Analysts from TD Cowen and ATB Capital Markets have been closely monitoring Equifax’s financial strategies and market conditions, offering insights into the company’s operational outlook.

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