“We are pleased to welcome Mick to our Board,” said NCR Chairman and CEO
Mr. McGuire stated, “I am pleased to join the NCR Board and look forward to working together with the Board and management team to help NCR reach its full potential.”
The agreement between NCR and Marcato will be included in a Form 8-K to be filed today by NCR.
Based in
About
NCR is headquartered in
Web site: www.ncr.com
Twitter:
@NCRCorporation
Note to Investors - This release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements use words such as
“expect,” “anticipate,” “outlook,” “intend,” “believe,” “will,”
“should,” “would,” “could” and words of similar meaning. Statements that
describe or relate to NCR’s future plans, goals, intentions, strategies
or financial outlook, and statements that do not relate to historical or
current fact, are examples of forward-looking statements.
Forward-looking statements are based on our current beliefs,
expectations and assumptions, which may not prove to be accurate, and
involve a number of known and unknown risks and uncertainties, many of
which are out of NCR’s control. Forward-looking statements are not
guarantees of future performance, and there are a number of important
factors that could cause actual outcomes and results to differ
materially from the results contemplated by such forward-looking
statements, including those factors relating to: domestic and global
economic and credit conditions including, in particular, market
conditions in the retail industry; the impact of our indebtedness and
its terms on our financial and operating activities; our ability to
successfully introduce new solutions and compete in the information
technology industry; the transformation of our business model and our
ability to sell higher-margin software and services; defects or errors
in our products; manufacturing disruptions; the historical seasonality
of our sales; foreign currency fluctuations; the availability and
success of acquisitions, divestitures and alliances, including the
acquisition of Digital Insight; our pension strategy and underfunded
pension obligation; the success of our recently announced restructuring
plan; tax rates; compliance with data privacy and protection
requirements; reliance on third party suppliers; development and
protection of intellectual property; workforce turnover and the ability
to attract and retain skilled employees; environmental exposures from
our historical and ongoing manufacturing activities; and uncertainties
with regard to regulations, lawsuits, claims and other matters across
various jurisdictions. Additional information concerning these and other
factors can be found in NCR’s filings with the
Source:
NCR Corporation
Media Relations:
Kevin Ruane, 212-589-8553
kevin.ruane@ncr.com
or
Investor
Relations:
Gavin Bell, 212-589-8468
gavin.bell@ncr.com
or
Marcato
Capital Management
Mara Hunt, 415-796-6357
mara@marcatollc.com