NCR announces major reorg, executive hires

NCR Corp. has announced a new organizational structure and the appointment of several new executives.

According to a press release, new additions to the NCR leadership team include Owen Sullivan, who joins as chief operating officer; Frank D'Angelo, who will lead the company's newly formed banking business unit; Tim Vanderham, who joins NCR as chief technology officer, and Debra Bronder, who joins as chief human resources officer.

As COO, Sullivan will report to CEO Mike Hayford, and will oversee NCR functions and operations including sales, services, software engineering and innovation, industry solutions management, product development, hardware product operations, and information technology services.

Sullivan most recently served as a senior executive with ManpowerGroup. Previously, he was a group president at Metavante; he also held positions in sales, sales management and product marketing during a 14-year career at IBM.

As CTO, Vanderham will report directly to Sullivan, and will lead the software engineering and software innovation teams, overseeing the integration of the separate units into one under the new organizational structure.

Previously, Vanderham was CTO of the tax and accounting division at Thomson Reuters, following his tenure at IBM.

Bronder comes to NCR from Cardtronics, where she led human resources. Previously, she was executive vice president of HR operations at Metavante.

NCR announced the formation of two new customer-facing business units —banking and commerce.

Financial services industry veteran Frank D'Angelo has been named president of the banking business unit. Currently he serves as executive chairman at Evertec, a transaction and payments processing company.

D'Angelo is a past chairman of the Electronic Funds Transfer Association and served on the Payments Advisory Council of the Federal Reserve Bank of Philadelphia. He has also held executive roles at Monitise Americas Inc., Fidelity National Information Services, Metavante and Diebold Mexico.

Paul Langenbahn, an NCR veteran of seven years, has been named president of the commerce business unit, which serves the retail and hospitality sectors.

Most recently, Langenbahn was COO at NCR; he has also served as executive vice president of NCR software, and was president of the company's hospitality division. Previously he was president of the hospitality business unit at Radiant, a company that NCR acquired in 2011.

NCR Chief Financial Officer Bob Fishman announced his retirement after 25 years with the company. He will continue as CFO while the company searches for his replacement, a process that is now underway.

"I am confident that these organizational changes, along with this incredibly talented new leadership team, will deliver significant results, and quickly," NCR President and CEO Mike Hayford said in the release. "I also want to wish Bob Fishman well on his retirement, and thank him for his many and significant contributions to the company over his 25-year career at NCR."


Topics: Manufacturers, Public Companies

Companies: NCR Financial Services


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