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Posted 19 Nov 2001   For week ended October 26, 2001
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Sent on Mormon-News: 27Oct01

By Kent Larsen

Mormon Chosen to Run ATM Manufacturer's Operations

NORTH CANTON, OHIO -- LDS Church member Wesley B. Vance has been promoted to Chief Operating Officer, becoming one of the top management team at the $1.7 billion manufacturer of self-service financial equipment, including Automated Teller Machines. Vance now reports to the company's Chairman and CEO, Walden W. O'Dell.

"This appointment reflects our confidence that Wes' proven leadership capabilities and broad experience in managing global operations will continue to benefit the company," said O'Dell. "Additionally, Wes' forward thinking and ability to turn a vision in to material success makes him a valuable asset moving forward."

Vance, a 1982 accounting graduate of BYU, has more than 10 years of experience running manufacturing operations at automotive systems manufacturer Arvin Industries, where he rose to become Senior Vice President and President of Arvin Exhaust Systems Worldwide. He joined Diebold in October 2000 as president of Diebold North America.

A native of Albuquerque, New Mexico, Vance also earned an MBA from Indiana University. He worked for the giant accounting firm Deloitte and Touche before joining Arvin Industries.

The promotion puts Diebold on Mormon News' Mormon Stock Index, effective October 22nd. The company's results will be reflected in the stock index listings starting next week.


Diebold Promotes Vance to Chief Operating Officer
Diebold Press Release 22Oct01 B2


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