Diebold, Incorporated announced that Wesley B. Vance, 43, has been named president of the newly formed Diebold North America business unit and a member of the executive committee, effective October 1. Vance, who was most recently a senior vice president of ArvinMeritor and president of ArvinMeritor Exhaust Systems Group, Columbus, Ind., has broad experience in global operations as well as a record of strong business improvements and growth. He will be responsible for all the North America business unit’s operations including product development and engineering, manufacturing, sales and service, human resources and marketing. In addition, Vance will oversee the security, campus and original equipment businesses.
“We are taking an aggressive stance on improving Diebold’s performance and processes. Our main goal is to pull all our North American functions together into a business unit and create a strong, accountable and team-oriented organization,” said Walden W. O’Dell, chairman of the board, president and chief executive officer. “The experience Wes brings in the use of e-tools, integrating unique operational systems and controls along with his strong strategic capabilities and finance background make him well suited for this position.”
The global $7.5 billion ArvinMeritor Corp., previously Arvin Industries, Inc., manufactures automotive ride control products and full exhaust systems including catalytic converters, shock absorbers, gas springs, struts and accessories for the original equipment, after market and replacement markets. The group which Vance managed has been Arvin’s flagship business that operates 44 plants and 6 technical centers in 22 countries.
During his 10-year career at Arvin, Vance held several executive positions. While based in Paris, he served as managing director of Arvin Exhaust Europe, which included Africa and Asia. While based in Toronto, Vance served as vice president and general manager of Arvin Ride Control, which included emerging markets throughout the world. Additionally, he has served as vice president business development of Arvin Ride Control and has held other managerial and financial positions. Prior to joining Arvin, Vance worked for Deloitte Haskins and Sells and Coopers & Lybrand where he held various financial positions such as senior auditor and senior manager of tax.
Originally from Albuquerque, N.M., Vance earned a bachelor’s degree in Accounting from Brigham Young University, Provo, Utah. He went on to earn a master’s degree in business administration from Indiana University, Bloomington, Ind. Vance, his wife and their five children currently reside in Columbus, Ind., and will soon be relocating to Canton, Ohio.
Diebold, Incorporated is a global leader in providing integrated self- service delivery systems and services. Diebold employs more than 11,000 associates with representation in more than 80 countries worldwide and headquarters in Canton, Ohio, USA. Diebold reported revenue of $1.3 billion in 1999 and is publicly traded on the New York Stock Exchange under the symbol ‘DBD.’ For more information, visit the company’s Web site at http://www.diebold.com.Details