NORTH CANTON, Ohio, Nov. 2 /PRNewswire-FirstCall/ -- Diebold, Incorporated
(NYSE: DBD) today announced that Bradley C. Richardson has been named
executive vice president and chief financial officer (CFO). He will join the
company and assume the CFO role effective November 16. Richardson, 51, comes
to Diebold from Modine Manufacturing Company, where he most recently served as
executive vice president, corporate strategy and CFO. Richardson has held the
CFO position at Modine since 2003. Based in Racine, Wis., Modine is a $1.4
billion auto, heavy-duty parts and specialty heating and air conditioning
manufacturer with 32 facilities worldwide in 15 countries.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO )
Richardson has broad experience in all elements of global finance, including
tax, treasury, financial control, pension management, and corporate
development. Throughout his career, Richardson has demonstrated expertise in
effective working capital management, mergers and acquisitions, capital
markets, developing performance management processes, as well as establishing
sound financial controls and financial systems infrastructure.
Prior to joining Modine, Richardson spent more than 20 years with BP Amoco in
a variety of senior financial and international operational posts. These
included vice president, performance management planning and control for BP
Amoco's Upstream business segment, based in London; president of BP Amoco's
Caracas, Venezuela operation; and chief financial officer of the Amoco Energy
Group, North America.
"Brad's unique combination of experience in both financial and operational
arenas and his collaborative, goal-oriented approach to business challenges
will add significant value to our company," said Thomas W. Swidarski, Diebold
president and chief executive officer. "Brad will provide Diebold with
outstanding leadership, strategic insight, broad experience in implementing
sound financial practices and an approach that I feel will resonate with our
associates, shareholders and customers."
Richardson holds a bachelor's degree in economics and finance from Miami
University (Ohio), an MBA in accounting and finance from Indiana University,
and a CPA certificate in Illinois. He is a member of the board of directors
of Tronox, Inc. (formerly Kerr McGee Chemicals) and Brady Corporation. An
Ohio native, Richardson will relocate to the Akron/Canton region in the near
future.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self-service
delivery and security systems and services. Diebold employs more than 17,000
associates with representation in nearly 90 countries worldwide and is
headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New
York Stock Exchange under the symbol 'DBD.' For more information, visit the
company's Web site at www.diebold.com, or visit www.diebold.com/150 to learn
more about Diebold's 150-year history.
New Chief Financial Officer photo available at:
http://www.diebold.com/photos/bradley_c_richardson.jpg
SOURCE Diebold, Incorporated
Media Relations: Mike Jacobsen, +1-330-490-3796, michael.jacobsen@diebold.com,
or Investor Relations: Christopher Bast, +1-330-490-6908,
christopher.bast@diebold.com, both of Diebold, Incorporated
