Gerrard Schmid currently serves as president and chief executive officer of Diebold Nixdorf Inc., a multinational financial and retail technology company that specializes in the sale, manufacture, installation and service of self-service transaction systems, point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets. Since June 2020, Mr. Schmid has also served on the Board of Directors at Information Systems Audit & Control Association, Inc.
Mr. Schmid has more than 20 years of leadership experience in banking, payments, and financial technology. Most recently, he was a senior advisor with The Boston Consulting Group. From 2012 to 2017 he served as chief executive officer of D+H Corporation, a $1.7 billion global fintech company that was publicly traded on the Toronto Stock Exchange (TSX:DH) prior to being merged with Misys. He joined D+H in 2007 as president and CEO of the company’s Filogix business unit.
Prior to D+H, Mr. Schmid managed a $3 billion retail banking business at Lloyds TSB in the United Kingdom. From 2001 to 2005, he was executive vice president and chief operating officer for retail banking at CIBC. In 1997 Mr. Schmid joined McKinsey and Company, Inc., where he advanced through positions of increasing responsibility, working across financial services, e-commerce and technology before joining CIBC. Mr. Schmid began his career in finance at Citibank in 1995 as a developer in derivatives supporting trade reconciliations.
Originally from South Africa, Mr. Schmid earned a bachelor’s degree in Aerospace Engineering from the University of the Witwatersrand in Johannesburg and started his career as an aerospace engineer. He also holds a Master of Applied Science in Aerospace Engineering from the University of Toronto.