NCR Names Michael Hayford Chief Executive Officer, Frank Martire Executive Chairman, & Bill Nuti Chairman Emeritus
Tuesday, May 1st, 2018
NCR Corporation announced that its Board of Directors has named Michael D. Hayford Chief Executive Officer and Frank R. Martire Executive Chairman. Bill Nuti, who previously announced his forthcoming retirement, will serve as Chairman Emeritus.
Chinh Chu, Lead Independent Director, said, “We are very excited to have Mike Hayford join as CEO of NCR. He is a proven leader and change agent with deep experience across a range of transaction-driven software and technology solutions businesses. Mike’s operational and financial acumen, along with his track record of driving growth and profitability in changing businesses, makes him the right choice to lead NCR as we evolve the company into a software-led solutions business.”
“I am honored and energized by the opportunity to become CEO of NCR,” said Hayford. “The Company has undergone a successful transformation, and is today a leader in technology solutions for financial services, retail and hospitality markets. I look forward to working with the 30,000 talented associates at NCR who deliver exceptional service and solutions to our customers.”
Chu continued, “We are also fortunate that Frank Martire will be joining the NCR Board as Executive Chairman. Frank brings unparalleled expertise to NCR - and with Frank and Mike working together to guide and grow our business as they previously have with two other comparable businesses - we are confident that NCR’s future is bright.”
“NCR is an innovator in the technology space and I’m excited to contribute to its future success,” said Martire. “I look forward to working with Mike again and fully expect that our successful history of building and growing Metavante and FIS will help us forge the right path to enhance shareholder value at NCR.”