Gerrard Schmid named CEO of Diebold Nixdorf
Diebold Nixdorf has announced that Gerrard Schmid has been appointed as its president and chief executive officer, effective immediately. He also will join the Diebold Nixdorf Board of Directors.
Gerrad Schmid, 49, is a seasoned corporate executive with previous public-company CEO experience. His more than 20 years of leadership in banking, payments, and financial technology will help Diebold Nixdorf accelerate its evolution as the global market leader in connected commerce, according to the company.
As CEO, Schmid led the transformation of D+H Corp., a $1.7 billion leading global fintech company that was publicly traded on the Toronto Stock Exchange prior to being merged with Misys.
"Gerrard is an established, world-class leader with the right experience to enhance our customer relationships, lead a cohesive world-class team and sharpen our focus on unlocking growth opportunities across the company," said Gary G. Greenfield, Diebold Nixdorf non-executive chairman of the board.
Prior to his time at D+H, Schmid managed a $3 billion retail banking business at Lloyds TSB in the United Kingdom. Schmid was also executive vice president and chief operating officer for retail banking at CIBC, one of the "Big Five" Canadian banks.
"I am honored and excited to join the global team at Diebold Nixdorf at this important juncture," Schmid said.
Diebold Nixdorf has a presence in more than 130 countries with approximately 23,000 employees worldwide.
