Diebold CEO steps down

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Diebold CEO steps down
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- Diebold Inc. said Thursday Thomas Swidarski has stepped down as chief executive officer of the North Canton, Ohio provider of self-service delivery and security systems. The company launched a search for a new CEO and named insider George Mayes to the newly-created post of chief operating officer reporting to Henry Wallace, executive chairman of the board. Shares of Diebold fell 8% after the company warned it'll report an adjusted profit of 45 cents a share in its fourth quarter, below the Wall Street estimate of 64 cents a share in a survey by FactSet.