Diebold's Natoli Named VP, Chief Technology Officer

Jan 27, 2010, 15:31 ET from Diebold, Incorporated

NORTH CANTON, Ohio, Jan. 27 /PRNewswire-FirstCall/ -- Diebold, Incorporated (NYSE: DBD) today announced Frank A. Natoli, Jr., has been named vice president and chief technology officer (CTO), leading the company's product solutions development function.  In this newly created role, Natoli will be responsible for leading the technology and engineering development group in creating product solutions that are synchronized with customers' evolving business needs.  He will also lead the team in supporting Diebold's growing services business by improving reliability, and aligning an emerging technology roadmap with Diebold's corporate strategies.

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Natoli previously served Diebold as vice president of operational excellence and vice president of business transformation, respectively.  Prior to joining the company in 2005, he spent 23 years in the automotive industry in engineering, manufacturing and operations roles.

"As a company, we recognize the importance of increasing customer loyalty by focusing on product innovation, reliability, capability and flexibility to support our customers and build our brand," said Thomas W. Swidarski, Diebold president and chief executive officer.  "The goal for our development organization is to improve and accelerate development processes while reducing our costs throughout the lifecycle of our solutions.  I am confident that Frank's extensive industry expertise, leadership experience and energetic approach provide the right combination to drive this critical function."

Natoli received a bachelor's degree in mechanical engineering and a master's degree at Kettering University (formerly General Motors Institute and GMI Engineering and Management Institute) in Flint, Mich.  Natoli has received various lean and quality certificates from Delphi, the University of Michigan and Shainin, LLC.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA.  Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.'  For more information, visit the company's Web site at www.diebold.com.

Photo available at: http://news.diebold.com/photo_display.cfm?photo_id=5019

SOURCE Diebold, Incorporated