Diebold Nixdorf hires former D+H chief Schmid as new CEO

Source: Diebold Nixdorf

Diebold Nixdorf announced today that Gerrard Schmid will join the company as its president and chief executive officer, effective immediately.

He also will join the Diebold Nixdorf Board of Directors.

Schmid, 49, is a seasoned corporate executive with previous public-company CEO experience and a track record of delivering value in a transforming environment. His more than 20 years of leadership in banking, payments, and financial technology will help Diebold Nixdorf accelerate its evolution as the global market leader in connected commerce.

As CEO, Schmid led the transformation of D+H Corp., a $1.7 billion leading global fintech company that was publicly traded on the Toronto Stock Exchange prior to being merged with Misys. Under his leadership, the company evolved from a Canadian leader in payments to a global leader in real-time payments and lending software. Schmid managed a $3 billion retail banking business at Lloyds TSB in the United Kingdom. Schmid was also executive vice president and chief operating officer for retail banking at CIBC, one of the “Big Five” Canadian banks.
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