Diebold Nixdorf, the maker of automated technology for the banking and retail industries, has hired a vice president and head of investor relations.
Christine Marchuska has held investor relations roles of increasing responsibility at hedge funds and technology companies, including Verifone, Diebold Nixdorf (NYSE: DBD) said in a press release.
Most recently, Marchuska was vice president of investor relations at Quotient Technology. At her previous companies, she has built programs to broaden the shareholder base while attracting blue-chip investors, said Diebold Nixdorf, which plans to move its headquarters to Hudson, Ohio, from Green, Ohio, by early 2022.
Marchuska also has experience in fixed-income sales and equity research roles in the financial services industry, including at Morgan Stanley and CIBC World Markets.
Marchuska's knowledge of capital markets and relationships across the financial community will help Diebold Nixdorf complete its operational improvement plan "strengthen our voice with shareholders," said Jeffrey Rutherford, the company's senior vice president and chief financial officer, in the release.
The improvement plan, called DN Now, includes downsizing its headquarters and figuring out whether the company still needed four facilities in Green and North Canton.
Shares of Diebold Nixdorf fell more than 3% to $9.91 during Monday trading.
In context, the S&P 500 index fell nearly 2% to 4,357.73 on Monday as shareholders eyed the potential effects of a default by a major Chinese real estate company and ongoing debates over the debt limit in Washington, according to Yahoo Finance.
