Shakeup as Diebold security division reorganizes leadership

Shakeup as Diebold security division reorganizes leadership
Tags: Diebold Premier Services
March 17, 2009

NORTH CANTON, Ohio — Diebold Inc. is making leadership changes as part of an organizational realignment within its security division. Bradley J. Stephenson, vice president, physical security solutions, has been promoted to vice president of Diebold's security division, where he will focus on increasing the value of Diebold's security solutions to customers and accelerating market growth in the Americas. He is now responsible for the company's enterprise security and fire-services operations, government solutions group, monitoring services, security research and development, product management, and security marketing and business development. According to a news release, Dennis M. Moriarty, senior vice president, global security division, is leaving the company. "This change is designed to drive efficiencies through defined business processes, targeted geographic focus and organizational optimization," said Tom Swidarski, Diebold's president and chief executive. "We have an enormous amount of confidence in Brad Stephenson's ability to deliver results in his new responsibilities. His wealth of experience in running various businesses within Diebold across a number of different industries will prove to be valuable in this broadened leadership role." Stephenson has been with Diebold for more than 35 years, serving in a variety of senior management and technical positions including general manager of card systems, fire services and Nexus Software. Stephenson led the company's electronic security division from 1996 to 1999, developing security products to meet the needs of financial services and retail clients. Prior to moving to the security division's corporate headquarters in 1995, Stephenson had more than 20 years of experience in various customer-facing roles. A West Michigan native, Stephenson earned a bachelor's degree in computer information systems from Aquinas College in Grand Rapids, Mich. Moriarty was appointed vice president of Diebold's global security division in 2005. He joined Diebold in 1996 as Eastern Division vice president, where he led the sales, service and systems organizations. He also served as vice president of Customer Business Solutions within Diebold North America. Prior to joining Diebold, Moriarty served in senior leadership positions at Pitney Bowes Corp. in Stamford, Conn.