Coinstar Appoints Global Technology Executive Nora M. Denzel To Its Board Of Directors

Coinstar CSTR board of directors today announced that it has appointed Nora M. Denzel to the Coinstar board. Denzel will also serve on the board's Compensation Committee. Denzel is an experienced board member and executive advisor with more than 25 years of experience growing and scaling global businesses. Denzel most recently served as senior vice president of big data, marketing and social at Intuit Inc., where she led the company's data strategy. She also served as senior vice president and general manager of the company's employee management solutions business unit when she joined Intuit in 2008. Previously, Denzel served as senior vice president of the software global business unit and the storage and consulting divisions at HP. "We're very pleased to have Nora join Coinstar's board as she brings a unique set of experiences and insight with a mix of enterprise software, engineering, social product design and marketing experience," said Deborah L. Bevier, chair, Coinstar, Inc. board of directors. "As an accomplished senior business and technology executive at global organizations, including Intuit, HP and IBM, Nora knows how to tap data and technology to enhance the customer experience and create competitive advantage." "I'm delighted to be joining the Coinstar board, particularly at a time when the retail industry is undergoing a technology-driven transformation," said Denzel. "I'm looking forward to working with the entire board and executive leadership team." Denzel, 50, currently serves as a member of the board of directors of Saba Software, a provider of learning and talent management solutions software and services, and Overland Storage, Inc., a provider of data management and protection products and services. Denzel has also worked as a senior vice president, product operations at Legato Systems Inc. and as director, global storage software at IBM. Denzel has been named one of the top 10 leading women in technology by CIO Magazine in 2012 and one of the top 25 women engineers in 2012 by Business Insider. She holds an MBA degree from Santa Clara University and a B.S. degree in computer science from the State University of New York. Separately, the Coinstar board also announced today that following the 2013 annual meeting of stockholders, current director Nelson C. Chan will become Chair of the board of directors, succeeding Deborah Bevier, who will continue on the board. Chan has been a director of Coinstar since July 2011. Chan served as chief executive officer of Magellan Corporation (a leading portable GPS navigation consumer electronics company) from December 2006 to August 2008. From 1992 to 2006, he held various management positions at SanDisk Corporation (a manufacturer and supplier of flash brand data storage products), including executive vice president and general manager, consumer business. Chan is currently a director of Affymetrix Inc. (a genetic analysis company) and Synaptics, Inc. (a developer of consumer interface solutions).