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DIEBOLD, INCORPORATED REALIGNS EXECUTIVE STRUCTURE AND FORMS EXECUTIVE TEAM TO MEET GROWTH PLANS

 CANTON, Ohio, July 15 /PRNewswire/ -- Diebold, Incorporated (NYSE: DBD) today announced that it has realigned its executive responsibilities and has formed an executive team to continue to manage its growth while staying focused on its strategic plans.
 "Diebold is experiencing its largest growth since it moved into the automated teller machine (ATM) business when records were set in almost every category. Our strategic plans have Diebold growing domestically and, most importantly, globally," said Robert W. Mahoney, chairman, president and chief executive officer of Diebold. "We want to assure that we have the proper structure in place to implement our plans.
 "Four of our executives have been assigned new, focused leadership responsibilities to assure we continue to build on our successes," Mahoney pointed out.
 Robert P. Barone, who has served Diebold for 22 years, five of those years as president, has been promoted to vice chairman. He is responsible for corporate marketing; development of new businesses and markets; strategic planning; and the quality processes throughout Diebold.
 Gerald F. Morris, senior vice president and chief financial officer, has been promoted to executive vice president and chief financial officer. In addition to his responsibilities for the treasury, controller and internal audit organizations, Morris assumes new responsibilities for the legal, human resources and corporate communications organizations.
 William T. Blair, vice president and general manager of NASS (North American Sales and Service), has been promoted to executive vice president, and continues to be responsible for the marketing and sales of Diebold and InterBold(R) products and the service operations in the United States.
 Gregg A. Searle, vice president and general manager of InterBold, has been promoted to executive vice president. He is responsible for InterBold, security products, materials management, Diebold/Hidromex and the company's joint ventures in China and India, as well as the international sales and service organization, which includes CAPLA (Canada, Asia-Pacific and Latin America) and EMEA (Europe, Middle East and Africa).
 In addition to this executive realignment, an Executive Team has been formed in order to assist with major decisions which affect the future of Diebold, its associates and its stockholders. Chaired by Robert W. Mahoney, the team is composed of Robert P. Barone, Gerald F. Morris, William T. Blair and Gregg A. Searle.
 "This new executive realignment and the formation of the Executive Team allows Diebold to have the proper structure in place to focus directly on our strategic growth plans. That includes our move toward self-directed team management and the continued empowerment of our associates," concluded Mahoney.
 Diebold, Incorporated, headquartered in Canton, Ohio, is a world leader in financial self-service transaction systems, security products and customer service. Founded in 1859 as a security equipment company, Diebold today develops, manufactures, sells and services ATMs, electronic and physical security systems, facility products and software for global financial and commercial markets.
 -0- 7/15/93
 /CONTACT: Mary Ann Jackson of Diebold, Incorporated, 216-588-3780/
 (DBD)


CO: Diebold, Incorporated ST: Ohio IN: CPR SU: PER

BM -- CL009 -- 1784 07/15/93 09:05 EDT
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Publication:PR Newswire
Date:Jul 15, 1993
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