Diebold Nixdorf Inc.

10/09/2025 | Press release | Distributed by Public on 10/09/2025 14:27

Management Change/Compensation (Form 8-K)

Item 5.02
 		Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 8, 2025, Diebold Nixdorf, Inc. (the "Company") announced that Joe Myers, Executive Vice President, Global Banking, will assume the role of Executive Vice President, Chief Revenue Officer effective January 1, 2026 (the "Effective Date"). In this role, Mr. Myers will lead the Company's Global Retail and Global Banking functions. As a part of this change, Ilhami Cantadurucu, Executive Vice President, Global Retail will depart the Company after the Effective Date and will support an orderly transition of his responsibilities. Mr. Cantadurucu will receive severance benefits pursuant to the terms of his employment agreement filed as Exhibit 10.31 to the Company's Annual Report for the year ended December 31, 2024.
On October 8, 2025, the Company also announced that Frank Baur, Executive Vice President, Operational Excellence, will assume the role of Executive Vice President, Chief Operating Officer on the Effective Date. Mr. Baur will serve as the Company's principal operating officer.
Mr. Baur, 50, has served as the Company's Executive Vice President, Operational Excellence since January 2024. Prior to his current role, Mr. Baur served as Senior Executive Director & Chief Operating Officer for GE Vernova from 2021 to 2024, leading the global energy company's Onshore Wind business. From 2018 to 2021, Mr. Baur was Vice President, EMEA Supply Chain for Parker Hannifin Corp., where he was responsible for end-to-end supply chain and procurement management at the motion and control technology company.
There are no arrangements or undertakings between Mr. Baur and any other persons pursuant to which he was selected to serve as the Company's Chief Operating Officer, nor are there any family relationships between Mr. Baur and any of the Company's directors or executive officers. There are no related-party transactions between the Company and Mr. Baur that would require disclosure under Item 404(a) of Regulation S-K.
Diebold Nixdorf Inc. published this content on October 09, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 09, 2025 at 20:27 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]