STRATEGIC PARTNERS
September 9, 2002
DAYTON, Ohio -- Mark Hurd, president of NCR and chief operating officer of its Teradata division, has been named chief operating officer (COO) of the company. A 22-year veteran of the company, Hurd will remain NCR's president and will continue to report to NCR chairman and chief executive officer Lars Nyberg.
As COO of NCR, Hurd will be responsible for all of the company's businesses -- Retail Store Automation, Financial Self Service, Payment and Imaging, Worldwide Customer Services, Systemedia and Teradata Data Warehousing.
According to an NCR news release, the Teradata division has increased its revenue by approximately 40 percent and improved its operating performance by more than $200 million under Hurd's leadership. Hurd started his career at NCR in 1980. He was chosen to lead the Teradata division in October 1999 and appointed COO of the division in July 2000. The following year, he was elected a president of NCR.
Howard Lance, also president of NCR and COO of the Retail and Financial Group, will leave the company.
"As we continue our drive to accelerate financial performance, I am delighted that all of NCR's businesses will now benefit from Mark's leadership and his razor-sharp focus on growth and operational excellence," said Nyberg in the release.
