Feeds

NCR pilfers CEO figurehead from Symbol

Sometimes you feel like a Nuti

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
The cloud that goes puff: Seagate Central home NAS woes
4TB of home storage is great, until you wake up to a dead device
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
Intel offers ingenious piece of 10TB 3D NAND chippery
The race for next generation flash capacity now on
Want to STUFF Facebook with blatant ADVERTISING? Fine! But you must PAY
Pony up or push off, Zuck tells social marketeers
Oi, Europe! Tell US feds to GTFO of our servers, say Microsoft and pals
By writing a really angry letter about how it's harming our cloud business, ta
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.