[8-K] DIEBOLD NIXDORF, Inc Reports Material Event

Rhea-AI Filing Summary

Diebold Nixdorf announced that Frank Baur will assume the role of Executive Vice President, Chief Operating Officer on the Effective Date and will serve as the company's principal operating officer. Mr. Baur, age 50, has been Executive Vice President, Operational Excellence since January 2024 and brings prior operational and supply-chain leadership from GE Vernova (served 2021–2024) and Parker Hannifin (served 2018–2021). The filing states there are no arrangements or undertakings that led to his selection, no family relationships with current directors or executive officers, and no related-party transactions requiring disclosure under applicable rules.

Positive

• Internal promotion: COO appointment from current Executive Vice President, supporting continuity
• Relevant experience: Prior roles at GE Vernova (2021–2024) and Parker Hannifin (2018–2021) indicate supply-chain and operations expertise
• No related-party issues: Filing explicitly discloses no related-party transactions or family ties

Negative

• None.

Insights

Operations & Governance Analyst

Appointment strengthens operational leadership with a supply-chain background.

Moving an internal executive who led Operational Excellence into the Chief Operating Officer role centralizes responsibility for day-to-day operations under a leader with documented experience in global supply chain and onshore wind operations at GE Vernova and EMEA supply-chain leadership at Parker Hannifin.

The change reduces transition risk because the appointee already holds an executive role since January 2024, and the disclosure that there are no related-party transactions and no special arrangements lowers governance friction. Watch for near-term indicators of impact in operational KPIs and any updated disclosures clarifying the Effective Date.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 8, 2025

Diebold Nixdorf, Incorporated

(Exact name of registrant as specified in its charter)

_________________________________________________ 

Delaware

1-4879

34-0183970

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer  Identification No.)

350 Orchard Avenue NE

North Canton,

Ohio

44720-2556

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (330) 490-4000

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, $0.01 par value per share

DBD

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02
    Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 8, 2025, Diebold Nixdorf, Inc. (the “Company”) announced that Joe Myers, Executive Vice President, Global Banking, will assume the role of Executive Vice President, Chief Revenue Officer effective January 1, 2026 (the “Effective Date”). In this role, Mr. Myers will lead the Company’s Global Retail and Global Banking functions. As a part of this change, Ilhami Cantadurucu, Executive Vice President, Global Retail will depart the Company after the Effective Date and will support an orderly transition of his responsibilities. Mr. Cantadurucu will receive severance benefits pursuant to the terms of his employment agreement filed as Exhibit 10.31 to the Company's Annual Report for the year ended December 31, 2024.

On October 8, 2025, the Company also announced that Frank Baur, Executive Vice President, Operational Excellence, will assume the role of Executive Vice President, Chief Operating Officer on the Effective Date. Mr. Baur will serve as the Company’s principal operating officer.

Mr. Baur, 50, has served as the Company’s Executive Vice President, Operational Excellence since January 2024. Prior to his current role, Mr. Baur served as Senior Executive Director & Chief Operating Officer for GE Vernova from 2021 to 2024, leading the global energy company’s Onshore Wind business. From 2018 to 2021, Mr. Baur was Vice President, EMEA Supply Chain for Parker Hannifin Corp., where he was responsible for end-to-end supply chain and procurement management at the motion and control technology company.

There are no arrangements or undertakings between Mr. Baur and any other persons pursuant to which he was selected to serve as the Company’s Chief Operating Officer, nor are there any family relationships between Mr. Baur and any of the Company’s directors or executive officers. There are no related-party transactions between the Company and Mr. Baur that would require disclosure under Item 404(a) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Diebold Nixdorf, Incorporated

Date:

October 09, 2025

By:

/s/ Elizabeth C. Radigan

Name:

Elizabeth C. Radigan

Title:

Executive Vice President, Chief Legal Officer and Secretary

FAQ

Who has Diebold Nixdorf (DBD) appointed as Chief Operating Officer?

Diebold Nixdorf named Frank Baur as Executive Vice President, Chief Operating Officer; he will serve as the company's principal operating officer.

What is Frank Baur's current role at Diebold Nixdorf (DBD)?

He has served as Executive Vice President, Operational Excellence since January 2024.

What relevant prior experience does the new COO have?

Mr. Baur was Senior Executive Director & Chief Operating Officer for GE Vernova from 2021–2024 and Vice President, EMEA Supply Chain at Parker Hannifin from 2018–2021.

Are there any related‑party transactions or family relationships disclosed?

No. The filing states there are no related-party transactions requiring disclosure and no family relationships with directors or executive officers.

Was the COO selection based on any special arrangements or undertakings?

No. The filing states there are no arrangements or undertakings between Mr. Baur and any other persons that led to his selection.