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Diebold reorganizes global IT, business transformation; promotes Petit to VP

February 6, 2006

NORTH CANTON, Ohio - Diebold Inc. is expected to reorganize its global information technology and business transformation operation, according to a news release the company issued Feb. 7. (Read also, Diebold's 4Q, full-year revenue climbs while net income drops.)

Jim Petit, who was promoted to vice president of business transformation, will provide leadership for the global supply chain management and "opportunity-to-customer satisfaction," or order-to-cash transformation, project designed to shorten lead times between customer-order and customer-payment, improve demand-planning, and forecast and simplify product-offerings and configurations.

Petit most recently served as director of business transformation and Oracle enterprise resource planning. Before that, he was an area general manager for Northern Europe, a regional sales manager and a national account executive for Diebold North America.

Petit earned his bachelor's degree in communications from John Carroll University in University Heights, Ohio.

Petit will continue to provide leadership for overall business transformation and support for other global systems and strategy initiatives. These include global shared services strategy, technology implementation and strategic partnerships.

Diebold also made several leadership appointments and operational changes within the Global IT organization, including enterprise applications, Oracle program office, global information management, business intelligence and information security.

"These collective changes support Diebold's renewed focus on increasing customer loyalty, improving quality and making our value chain more efficient," said John Crowther, a Diebold vice president and chief information officer. "Effective re-alignment of our business transformation and global information technology groups will focus our efforts to rebuild profitability."

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