DULUTH, Ga.--(BUSINESS WIRE)--Nov. 27, 2017--
Corporation (NYSE: NCR), a global leader in omni-channel solutions,
today announced that its Board of Directors has elected Deborah A.
Farrington, co-founder and general partner of StarVest Partners, L.P.
and president of StarVest Management, Inc. to the company’s board.
StarVest Partners, L.P. is a venture capital firm focused on
technology-enabled business services investments that was founded in New
York City in 1999. StarVest Partners was an early investor in
software-as-a-service (SaaS), having invested in NetSuite Inc., a
leading SaaS enterprise resource planning (ERP) company, as the first
venture investor in 2000. Ms. Farrington was lead director and chairman
of the compensation committee of NetSuite from its initial public
offering in 2007 to its acquisition by Oracle in November 2016. She is a
director and chairman of the compensation committee of Collectors
Universe, Inc. (NASDAQ: CLTC). Representing StarVest, she serves as a
board member for a number of portfolio companies in the SaaS, fintech,
human capital and data and analytics sectors. She has been named to the Forbes
Midas 100 List of top venture capitalists multiple times.
Earlier in her career she was an investment banker, securities analyst
and manager with Merrill Lynch & Co. in New York, Hong Kong and Tokyo,
and she also worked at Chase Manhattan Bank. A graduate of Smith
College, where she is a member of the Board of Trustees, Ms. Farrington
earned an MBA from the Harvard Business School, where she served on the
“We welcome Deborah to our board,” said Bill Nuti, chairman and CEO, NCR
Corporation. “Deborah comes to our board with a valuable history in
Financial Services and experience investing in high-quality software
companies, and she participates on numerous high-growth software/SaaS
company boards, including experience as Lead Director for NetSuite. She
is another great asset to our board and she will continue to help NCR
transform its business model.”
In accordance with NCR’s declassified board procedures, Ms. Farrington
will be a candidate for re-election to the board at the company’s 2018
annual meeting of stockholders.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions,
turning everyday interactions with businesses into exceptional
experiences. With its software, hardware, and portfolio of services, NCR
enables nearly 700 million transactions daily across the financial,
retail, hospitality, travel, telecom and technology industries. NCR
solutions run the everyday transactions that make your life easier. NCR
is headquartered in Duluth, Ga., with about 30,000 employees and does
business in 180 countries. NCR is a trademark of NCR Corporation in the
United States and other countries. NCR encourages investors to visit its
website which is updated regularly with financial and other important
information about NCR.
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Source: NCR Corporation
Scott Sykes, 212-589-8428