NCR names new CEO to replace Bill Nuti

The top executive who pulled NCR Corp. from Dayton nine years ago has been replaced.

NCR Corp. Monday said it has named a new chief executive just months after Bill Nuti stepped down for health reasons.

Michael Hayford was named the new CEO and Frank Martire was named executive chairman, according to the company.

“I am honored and energized by the opportunity to become CEO of NCR,” Hayford said in a statement. “The company has undergone a successful transformation, and is today a leader in technology solutions for financial services, retail and hospitality markets. I look forward to working with the 30,000 talented associates at NCR who deliver exceptional service and solutions to our customers.”

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Hayford was most recently a founding partner of Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry. From 2009 to 2013, he was executive vice president and chief financial officer of Fidelity National Information Systems, a global leader in financial services and payment technology systems.

Martire said he was excited to get started at NCR.

“I look forward to working with Mike again and fully expect that our successful history of building and growing Metavante and FIS will help us forge the right path to enhance shareholder value at NCR,” Martire said in a statement.

Martire most recently served as non-executive chairman of Fidelity National Information Systems.

Nuti was CEO of NCR when the company made its decision to leave Dayton in 2008 and move to the Atlanta area. Since leaving Dayton, NCR has moved its headquarters within the state of Georgia twice, each time fueled by government incentives.

NCR makes ATMs and customer-facing kiosks as well as software for merchants and banks.

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