Feeds

NCR pilfers CEO figurehead from Symbol

Sometimes you feel like a Nuti

  • alert
  • submit to reddit

Designing a Defense for Mobile Applications

NCR felt like a Nuti and managed to hire one away from Symbol Technologies as its new CEO.

Bill Nuti has assumed the roles of president and CEO at NCR, filling the positions left open when Mark Hurd went running to HP. This move follows NCR's decision last week to tap Jim Ringler as Chairman, allowing longtime NCRer Lars Nyberg to retire from the post.

"Bill is an experienced and results-driven executive with strong global technology experience, particularly in areas of interest to our company," Ringler said. "After considering carefully a number of outstanding candidates, Bill’s proven ability to lead complex organizations, and his track record of building high-performance teams and growing revenue truly stood out. Our board unanimously agreed that he is the perfect fit, and we are delighted to have him join NCR.”

Always good to find a "results-driven" CEO. There are so many "results-apathetic" executives around these days.

Nuti worked as Symbol's CEO since Dec. of 2003 and before that as an executive at Cisco. He managed to return Symbol to profitability for the first time in five years and helped increase revenue, NCR bragged.

Symbol plans to kick off its own CEO hunt, while appointing CFO Sal Iannuzzi the interim chief.

“While we are disappointed in Bill’s decision to leave, the Board has great confidence in Symbol’s senior leadership team and its ability to execute the operating plans we have in place,” said Symbol's non-executive Chairman Robert Chrenc. “We thank Bill for his many contributions in successfully bringing Symbol through a very difficult period and wish him the best in his future endeavors. We are confident that we will soon identify a high-caliber executive to lead the company to the next level.”

NCR and Symbol have some product overlap in the area of point-of-sale systems and kiosks. These similarities, however, are fairly minor given NCR's large software and services operations and Symbol's focus on RFID products.

NCR took its sweet time finding a new CEO. Hurd left for Fiorinaville way back in March. ®

Related stories

HP carries home Dell CIO from exec swap meet
NCR's Q1 goes the way of the Hurd
Why Fiorina wasn't the right man for the HP CEO post
BOFH gets an RFID he can't refuse

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Apple fanbois SCREAM as update BRICKS their Macbook Airs
Ragegasm spills over as firmware upgrade kills machines
Attack of the clones: Oracle's latest Red Hat Linux lookalike arrives
Oracle's Linux boss says Larry's Linux isn't just for Oracle apps anymore
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
FLAPE – the next BIG THING in storage
Find cold data with flash, transmit it from tape
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.