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Diebold Nixdorf Appoints Thomas Timko as New CFO

Smita SinghbySmita Singh
in Business, News, NORTH AMERICA
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Diebold Nixdorf Appoints Thomas Timko as New CFO

Diebold Nixdorf Appoints Thomas Timko as New CFO

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NORTH CANTON, Ohio, USA — Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, has announced Thomas Timko as the new Executive Vice President and Chief Financial Officer (CFO), effective May 17, 2024. Timko will succeed Jim Barna, who will transition into the role of EVP, Transformation.

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Thomas Timko, bringing over 30 years of comprehensive financial experience from notable companies like GE and General Motors, steps into his new role with a mandate to optimize Diebold Nixdorf’s global financial systems. His responsibilities will encompass overseeing corporate finance, treasury, strategy, and risk management among other key financial domains.

“Tom is an accomplished financial leader who has a deep background across a number of key financial disciplines and has worked across major global industries, helping guide the financial strategies of leading publicly traded companies. He brings a proven track with more than 30 years of experience operating in highly complex environments, while delivering financial and operational discipline, and transformational leadership. We look forward to Tom’s contributions as we pursue this exciting new phase of our continuous improvement journey,” said Octavio Marquez, President and CEO of Diebold Nixdorf.

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During his tenure at GE, Timko was instrumental in the conglomerate’s recent split into three entities, serving as a strategic advisor throughout the transformation. His prior role at GM saw him pioneering a Global Strategic Risk Management Program and overseeing significant financial operations.

“I am thrilled to join such a talented, collaborative and customer-focused team. Diebold Nixdorf is a unique company whose integrated solutions support companies and consumers across the globe,” Timko expressed. “I believe the company has taken the necessary steps to position itself for future success and I look forward to leading the finance organization and partnering with the team to help the company realize its full potential and create value for our stockholders.”

About Diebold Nixdorf

Diebold Nixdorf is a powerhouse in automating, digitizing, and transforming the way people bank and shop. Partnering with the majority of the world’s top 100 financial institutions and top 25 global retailers, Diebold Nixdorf delivers comprehensive, integrated solutions that connect digital and physical channels for millions of consumers daily. Operating in more than 100 countries, the company’s 21,000 employees are committed to innovative solutions that bridge the needs of financial and retail operations worldwide.

Also Read : Listening Leaders: The Key to Unlocking Team Potential

Tags: Banking TechnologyCFO AppointmentCorporate FinanceDiebold Nixdorffinancial institutionsfinancial leadershipglobal financial strategiesHappy Place to Work CertificationHPTWLeadership Appointmentnew CFONorth Canton business newsretail industryretail solutionsThomas Timko
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"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

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