With more than a year in his role as executive vice president and general manager of global banking, and more than eight years at Diebold Nixdorf, Octavio Márquez will become its new CEO next month.

Márquez's new position was announced on the same day that the company's finances for 2021 were published, where the company obtained revenues close to $4 billion, revenues that should be higher in 2022, according to projections.

Our board of directors has appointed Octavio Marquez as the company's president & CEO effective 3/11/22. Current CEO Gerrard Schmid will remain a member of the board until his term expires & will serve as an advisor to help ensure a seamless transition. https://t.co/qOXLDTRyHR pic.twitter.com/ILLp1nuqjB

— Diebold Nixdorf (@DieboldNixdorf) February 10, 2022

Diebold Nixdorf is a leading Hudson-based manufacturer of ATMs and financial services software, employing nearly 22,000 people worldwide. Márquez was in charge of leading the company's different banking business teams, serving customers directly to facilitate all the automation, digitization and transformation processes of their banking operations.

The practical strategic executive, with extensive experience in digital transformation and information technology solutions, is getting a well-deserved recognition for his long career at the company.

“Octavio is a superb customer-oriented leader and has been integral in driving Diebold Nixdorf’s strategic, operational and financial progress,” Gary Greenfield, non-executive chairman of the company's board of directors, told cleveland.com.

Márquez particularly stood out in his previous role in the areas of sales distribution and services and solutions, while leading the company's banking strategies in the Americas. The new CEO of Diebold Nixdorf also once directed the regional headquarters of the company. Thanks to his management, the business was successfully repositioned and able to align itself within the proper economic environment that would drive its growth, especially in countries such as Brazil and Mexico.

Long Experience

On his resume, Márquez describes himself as a “strategic hands-on executive with deep expertise in digital transformation and information technology solutions. Respected and influential business leader with extensive global C-level relationships, builds and executes go-to-market strategies that deliver profitable growth by leveraging technology solutions, mergers and acquisitions, international expansion, and partnerships.”

He also recognizes himself as a “strong fiscal manager, capably managing billion-dollar P&L’s and balance sheets using disciplined budgeting, capital allocation, pricing, and margin control to optimize results.”

Before coming to Diebold Nixdorf, Márquez served as General Manager of Mexico Operations for EMC, a global leader in cloud storage and IT management. He also did the same at Hewlett Packard in manufacturing, marketing and sales, efforts that led him in 2011 to be named CEO of the year in Mexico in the IT and telecommunications industry, by Frost & Sullivan.

Márquez, who currently lives in Houston, TX, has a bachelor's degree in business and finance from the Universidad Iberoamericana in Mexico City. He also has a certificate in Corporate Strategy from the Massachusetts Institute of Technology, in addition to completing the Business Bridge Program at Dartmouth College.

He will assume his new position as CEO and president beginning March 11, while the current director, Gerrard Schmidt, will continue as a member of the company's board of directors.