News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Metro RTA

Akron Children's Hospital

Hospice of the Western Reserve


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Green-based Diebold looks outside Ohio for talent and markets
CEO looks for new talent as his company focuses on service and software over hardware
by WKSU's MARK URYCKI


Senior Reporter
Mark Urycki
 
Diebold CEO Andres "Andy" Mattes wants the company to break through a glass ceiling by expanding its market.
Download (WKSU Only)
In The Region:
The new CEO of the Diebold Company says he wants to break through a glass ceiling. Andy Mattes says the maker of ATM machines has been stuck at revenue of $3 billion, and he wants to increase that. He's also hinting that Ohio may not always be Diebold's base of operations.
LISTEN: Diebold in the global marketplace

Other options:
Windows Media / MP3 Download (1:10)


One year ago, Diebold officials announced they were canceling plans to build a new headquarters in Green -- leading to speculation that the 154-year-old company could leave the state. In a New York conference today with investors, CEO Andy Mattes is saying that a recent early-retirement program means the company will be hiring new talent -- but not necessarily bringing them to Ohio.

“On the corporate side, Diebold had a mandate that every job must be in Ohio. Now it’s a beautiful spot to be, but it’s not the only spot to be. We want to make sure we bring in the brightest and smartest people on this planet  to help us transform Diebold. So we’ve gone to a flexible work environment to attract more people to help us transform our company sooner and faster. “

Mattes says that transformation means Diebold will be less of a hardware company and more of a software company, focusing on managing ATM machines and security for banks around the globe.  He’s also calling for a 5 percent reduction in costs and a new compensation plan so employees’ pay is tied to the  success of the company.

"Six thousand people in North America, as of next year, for the first time ever, will be paid by how the company does versus the consumer price index in this country. We are  moving management more to an equity-based compensation to make sure that management's goals and shareholders' goals are better aligned."

OUTSOURCING IS GOOD 
Mattes says Diebold is "uniquely positioned" to manage ATM's as more and more banks outsource that work. He calls it a "good hunting ground" for the company.
Currently just 15 percent of banks outsource the management of their ATMs but Mattes expects that to rise to 70 percent, saying companies tend to look to outsourcing when they are faced with combining two different systems after mergers.

Listener Comments:

I'm struggling to see how the story goes from Andy Mattes saying that he is breaking the mandate that "every (corporate) job be in Ohio", to "hinting that Ohio may not always be Diebold's base of operations". There is nothing to indicate that they are moving their HQ. Just looking for talent outside the area.


Posted by: pete (Cleveland Heights) on November 13, 2013 11:11AM
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

HOF's Canton expansion could take an island and make it a village
I live in the block from Broad St to the Hall of Fame and will be impacted by the expansion. I am in the process of selling my home and planned to long before i...

Cleveland redeploys police to replace rejected red-light traffic cameras
Periodic rotational enforcement without warning does NOT change behavior and the city officials know that. This is the basis of all officer-run enforcement trap...

New enrollment period offers more insurance options
The removal of federal funding for healthcare CO-OPs may limit the growth of the CO-OP movement. http://www.healthcaretownhall.com/?p=6381

The family of Boardman vet killed in Vietnam receives his medals
My name is Mike Eisenbraun. I am Larry's brother. I was 14 years old when Larry was killed in Vietnam. He has been gone for 46 years but it seems like yester...

Cleveland seniors are creating new wealth -- and facing new challenges
Why is anyone surprised that we people over 65 are not retiring? If you have been paying attention, defined company funded pensions were phasing out in the eigh...

Ohio company cuts off a dairy supplier after allegations of animal abuse
these people should be held accountable for their actions. i would be more than pleased to see a year or more behind bars. i will NEVER eat anything that comes ...

Goodyear recruits thousands of vets
What a wonderful interview! Excellent reporting skills by a talented young reporter! I look forward to hearing more from Ms. Schley!

Ohio Democratic Party begins the rebuilding process
I agree 100% with Sen. Brown. I think it is absolutely critical for the Democratic Party in Ohio to engage in the long, tedious, hard task of re-building from t...

They're talking again in the Macedonia bridge dispute
Norfolk Southern says the Ledge road bridge meets regulations for train traffic, however it was built as an overpass for a roadway and/or farm usage. I think t...

Cleveland City Council to consider transgender public restroom law
this is sick. I do not want my daughter in the same bathroom as a perverted 45 year old man. this proposed legislation could seriously damage the security of ch...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University