Market Overview

NCR Announces New Chief Financial Officer

Share:

NCR
Corporation
(NYSE:NCR), a global leader in omni-channel solutions,
today announced that following an extensive global search, Andre
Fernandez has joined the company's Executive Leadership team as Chief
Financial Officer, effective immediately. He succeeds Bob Fishman, who
previously announced his forthcoming retirement.

"NCR is thrilled to have a proven leader like Andre join our team," said
NCR President and CEO Mike Hayford. "He brings strong experience in
working with the investor community, handling due diligence and
integration for M&A and partnering with business units to help drive
operating efficiency and profitability. Andre's unique blend of C-Level
executive experience, including CEO, COO and CFO positions and
background in guiding and advising business units for customer-centric
and profitable growth, will be a significant advantage for NCR as we
move forward."

Andre began his career on Wall Street in investment banking with Brown
Brothers Harriman & Co. and Merrill Lynch International in New York and
London. He also enjoyed a successful 12-year career at the General
Electric Company (NYSE:GE), holding CFO positions across several
business units in multiple countries. He led numerous acquisitions
aligned with business unit strategy at GE, including international
transactions in Latin America and Europe. While serving as CFO and
Controller of GE Latin America, he was Chairman of the Audit Committee
for GE Capital Bank Mexico, leading bank financial oversight,
controllership and regulatory compliance. Earlier in his career, he was
Treasurer and FP&A Manager for a manufacturing and services division of
United Technologies in Brazil.

Most recently, Andre was the President & CEO of CBS Radio, where, in
addition to holding full operational and P&L responsibility, he led the
effort to prepare the company for a potential IPO, including
cross-functional preparation of S-1 documentation, investor roadshows
and debt financing.

Prior to joining CBS Radio, he was with Journal Communications (NYSE: JRN), a publicly-traded, diversified media company, where he served as
the company's Chief Financial Officer and EVP of Finance and Strategy.
At Journal, he led all financial, audit, strategic planning, investor
relations and risk management activities before being promoted to
President and Chief Operating Officer, when he assumed responsibility
for all day-to-day operations and full P&L accountability.

Andre is currently the Vice Chairman of the Board at Froedtert Health, a
$2+ billion regional healthcare system based in Wisconsin, where he is
also the Chair of the Finance Committee. He has also served on the Board
of Directors of Buffalo Wild Wings (NASDAQ:BWLD), the National
Association of Broadcasters (NAB), and the FCC's Advisory Committee on
Diversity & Digital Empowerment (ACDDE).

Andre is fluent in English, Spanish and Portuguese and holds a
bachelor's degree in economics from Harvard University.

"I could not be more excited to join such an iconic company as NCR,"
said Fernandez. "I look forward to working with the entire Leadership
Team to advance the company's strategic plan, work closely with our
business units to enhance value for customers and shareholders, and
accelerate the company's growth trajectory."

About NCR Corporation

NCR Corporation (NYSE:NCR) is a leader in omni-channel solutions,
turning everyday interactions with businesses into exceptional
experiences. With its software, hardware, and portfolio of services, NCR
enables nearly 700 million transactions daily across financial, retail,
hospitality, travel, telecom and technology industries. NCR solutions
run the everyday transactions that make your life easier. NCR is
headquartered in Atlanta, Ga., with about 30,000 employees and does
business in 180 countries. NCR is a trademark of NCR Corporation in the
United States and other countries. NCR encourages investors to visit its
website which is updated regularly with financial and other important
information about NCR.

Web site: www.ncr.com
Twitter:
@NCRCorporation
Facebook:
www.facebook.com/ncrcorp
LinkedIn:
www.linkedin.com/company/ncr-corporation
YouTube:
www.youtube.com/user/ncrcorporation

Note to Investors

This release contains forward-looking statements. Forward-looking
statements use words such as "expect," "anticipate," "outlook,"
"intend," "plan," "believe," "will," "should," "would," "could" and
words of similar meaning. Statements that describe or relate to NCR's
future growth, plans, goals, intentions, strategies or financial
outlook, and statements that do not relate to historical or current
fact, are examples of forward-looking statements. The forward-looking
statements in this release include statements about Mr. Fernandez'
experience being a significant advantage for NCR moving forward; plans
to advance the company's strategic plan, to enhance value for customers
and shareholders, and to accelerate the company's growth trajectory.
Forward-looking statements are based on our current beliefs,
expectations and assumptions, which may not prove to be accurate, and
involve a number of known and unknown risks and uncertainties, many of
which are out of NCR's control. Forward-looking statements are not
guarantees of future performance, and there are a number of important
factors that could cause actual outcomes and results to differ
materially from the results contemplated by such forward-looking
statements. Additional information concerning these and other factors
can be found in the Company's filings with the U.S. Securities and
Exchange Commission, including the Company's most recent annual report
on Form 10-K, quarterly reports on Form 10-Q and current reports on Form
8- K. Any forward-looking statement speaks only as of the date on which
it is made. The Company does not undertake any obligation to publicly
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.

View Comments and Join the Discussion!