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.

Northeast Ohio Medical University

The Holden Arboretum


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

Farm-to-School: Cafeteria lunch is fresh and local at Tallmadge High School
Great job Tallmadge City Schools! So glad to have a progressive business manager and superintendant!

World premiere at Cleveland Institute of Music is fanfare for a new theme
J'ai une grande admiration pour Daniil Trifonov que j'ai vu en concert deux fois à Paris je ne lui trouve pas d'égal c'est un ange tombe du ciel

Kent's journalism school faculty protest presidential search secrecy
There really was too much secrecy behind the selection process. Hopefully the letter by the faculty members will convince the board to provide more information ...

Belgian cargo ship creates new export route between Antwerp and NEO
The vessel is registered in Amsterdam, The Netherlands. Not in Belgium ;)

Exploradio: Tracking Ohio's champion trees
Absolutely loved this story. We lost 3 of our larger ash trees last year due to EAB. Big, beautiful trees are something to be treasured, and many times they tru...

Ohio's rules on fracking and earthquakes are a first
I'm right in the middle of the issue. Like oil independence, but hope there is pre- and current-drilling assurance re dangers from pollution, earthquakes and th...

Bridgestone exec indictments are latest step in a billion-dollar price-fixing case
Why is O.P.E.C Not investigated and charges brought against it and it's member companies? It sounds exactly the same...

Ohio's new drilling rules rely on known earthquake faults
requiring drillers to place seismic monitors when they drill within 3 miles of known fault lines. This comment really upsets me!! What good does an instrument t...

Kasich's gubernatorial ad focuses on his blue-collar roots
John Kasich is the biggest con-man in America. He will say one thing and then do the opposite. He is terribly successful at fooling the public and he is worki...

Cab drivers who refuse to drive Gay Games taxis will be replaced
the irony is that most americans distrust or hate muslims much more than they hate gays!! silly ignorant bigots-GO HOME!!!

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