NCR Announces New Chief Financial Officer
August 29 2018 - 8:00AM
Business Wire
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.comTwitter: @NCRCorporationFacebook:
www.facebook.com/ncrcorpLinkedIn:
www.linkedin.com/company/ncr-corporationYouTube:
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180829005347/en/
NCR CorporationNews Media ContactCameron Smith,
678-808-5313cameron.smith@ncr.comorInvestor ContactMichael
Nelson, 678-808-6995michael.nelson@ncr.com
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