Disappointing 2012 earnings seem to have delivered a jolt to the upper ranks at Diebold Inc. Just four days after the departure of president and CEO Thomas Swidarski, Charles Ducey, executive vice president of the company's troubled North American operations, made an exit after 35 years with the company.
Ducey's Jan. 23 exit from the company was reported in an SEC filing this Monday, according to a report by the Cleveland Plain Dealer, which said that Ducey and the Diebold board of directors had agreed that he should step down.
Mychal D. Kempt, vice president of North American sales and service operations, has been named to succeed Ducey as vice president of North American operations.
An equity research specialist told the Plain Dealer that further changes could be in order within the upper ranks at Diebold once the company selects a new CEO.
Read more about manufacturers.
User Comments