DGAP-Ad-hoc: Diebold Nixdorf, Incorporated / Key word(s): Change of Personnel/Agreement Diebold Nixdorf, Incorporated: Dr. Jürgen Wunram To Become New CEO of Diebold Nixdorf AG 16-Feb-2017 / 09:21 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
Diebold Nixdorf, Incorporated North Canton, Ohio, United States of America
Public Disclosure of Inside Information pursuant to Article 17 MAR
Dr. Jürgen Wunram To Become New CEO of Diebold Nixdorf AG
February 16, 2017 - North Canton, Ohio, United States of America - Today, it was mutually agreed that Eckard Heidloff, Chief Executive Officer of Diebold Nixdorf AG and President and executive officer of Diebold Nixdorf, Incorporated (the "Corporation" and together with its subsidiaries the "Diebold Nixdorf Group") will resign from his office as President of the Corporation and will leave his position as Chief Executive Officer of Diebold Nixdorf AG on the basis of a mutual agreement concluded with the supervisory board of Diebold Nixdorf AG with effect as of March 31, 2017.
Effective as of April 1, 2017, Dr. Jürgen Wunram, currently Chief Financial Officer of Diebold Nixdorf AG, has been appointed as new Chief Executive Officer of Diebold Nixdorf AG. In addition, as of today, Dr. Jürgen Wunram will assume the role of a member of the board of directors of the Corporation and will at the same time serve in the function as Chief Operating Officer of the Corporation.
Christopher A. Chapman, Chief Financial Officer of the Corporation will assume Jürgen Wunram's position as management board member and Chief Financial Officer of Diebold Nixdorf AG in addition to his current role at the Corporation and will, at the same time, resign as a member of Diebold Nixdorf AG's supervisory board. Mr. Chapman's seat as a member of Diebold Nixdorf AG's supervisory board shall be filled by Stefan Merz, Senior Vice President Corporate Strategy and Development, who will resign together with Alan Kerr, Senior Vice President, Software, from their respective positions as members of Diebold Nixdorf AG's management board with effect as of March 31, 2017.
The personnel changes follow the registration of the domination and profitand -loss transfer agreement (Beherrschungs- und Gewinnabführungsvertrag) between Diebold Nixdorf AG as the controlled entity and Diebold Holding Germany Inc. & Co. KGaA, a German partnership limited by shares (Kommanditgesellschaft auf Aktien) whose sole general partner and 100% shareholder is Diebold Nixdorf, Incorporated, as the controlling entity, on February 14, 2017.
North Canton, February 16, 2017
Diebold Nixdorf, Incorporated
Notifying Person: Stephen A. Virostek Vice President, Investor Relations Telephone +1 (330) 490-6319 Facsimile +1 (330) 490-3794 email@example.com
CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained in this communication regarding matters that are not historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These include statements regarding management's intentions, plans, beliefs, expectations or forecasts for the future including, without limitation, the business combination with Diebold Nixdorf AG, the effectuation of personnel changes within the Diebold Nixdorf Group and the consummation of the domination and profit-and-loss transfer agreement. Such forward-looking statements are based on the current expectations of Diebold Nixdorf, Incorporated and involve risks and uncertainties because such statements relate to events and depend on circumstances that may or may not occur in the future; consequently, actual results may differ materially from those expressed or implied in the statements. Forward-looking statements are not guarantees of future performance. In addition, risks and uncertainties related to the domination and profit-and-loss transfer agreement include, but are not limited to, risks associated with appraisal proceedings in relation to the domination and profit-and-loss transfer agreement, the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement or the domination and profit-and-loss transfer agreement and risks associated with the impact the business combination agreement, the personnel changes and the domination and profit-and-loss transfer agreement and any related litigation may have on the business and operations of the combined company, including on the ability of the combined company to retain and hire key personnel, and maintain relationships with its suppliers. These risks, as well as other risks are more fully discussed in Diebold Nixdorf, Incorporated's reports filed with the SEC and available at the SEC's website at www.sec.gov. Any forward looking statements speak only as at the date of this document. Except as required by applicable law, neither Diebold Nixdorf, Incorporated nor Diebold Nixdorf AG undertakes any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
16-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|Company:||Diebold Nixdorf, Incorporated|
|5995 Mayfair Road|
|44720 North Canton, OH|
|Phone:||+1 330 490 6855|
|Fax:||+1 330 490 4450|
|Listed:||Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange; NYSE|
|End of Announcement||DGAP News Service|
545005 16-Feb-2017 CET/CEST