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Diebold Appoints Hormuzd Karkaria As Vice President, Software And Services Solutioning

24 September 2013
Global leader in strategic enterprise technology solutions joins company from Hewlett-Packard

NORTH CANTON, Ohio, Sept. 24, 2013 /PRNewswire/ -- Diebold, Incorporated (NYSE: DBD) today announced that Hormuzd 'Homi' Karkaria has been appointed vice president of software and services solutioning, effective Sept. 16.  In this role, Karkaria will be responsible for driving Diebold's global software strategy and portfolio management, developing Diebold's software delivery model and enhancing customer collaboration and consulting processes.


"We are very excited to have Homi join the Diebold team," said Frank A. Natoli Jr., Diebold executive vice president and chief innovation officer. "With his executive-level experience in global business development, information technology (IT) and strong record of transforming global technology companies, Homi will help measurably improve and grow Diebold's global software and services offerings." 

Prior to joining Diebold, Karkaria held various executive-level positions at Hewlett-Packard (HP) Enterprise Services based in Plano, Texas, where he most recently served as vice president, strategic programs. In this role, he was responsible for leading strategic programs for the turnaround of the HP Enterprise Services ABS unit and managing the MphasiS relationship. Prior to this, Karkaria also ran the Solutioning team and Bestshore Delivery in Brazil, Argentina, Costa Rica, Egypt, Poland, India, China and Philippines. Before his time at HP, Karkaria worked at EDS in Sao Paulo, Brazil, most recently serving as vice president, global competency centers. Prior to this, Karkaria also held various leadership positions at Tata Consultancy Services (TCS) in Brazil where he was responsible for starting their outsourcing operations.

Karkaria has a master's degree in financial management and a bachelor's degree in electronics engineering from Mumbai University (formerly Bombay University) in India.

About Diebold
Diebold, Incorporated (NYSE: DBD) is a global leader in providing innovative self-service technology, security systems and related services. Diebold has approximately 16,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at or on Twitter:

SOURCE Diebold, Incorporated

Media Relations: Mike Jacobsen, APR, +1 330 490 3796,; Investor Relations: Jamie Finefrock, +1 330 490 6319


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