NCR Corporation announced Joseph Joe Reece, co-founder and managing partner of SilverBox Capital LLC, was elected chairman of its Board of Directors, effective May 2. Reece became an NCR director and was appointed independent lead director on November 4, 2022. He has more than 35 years of experience advising public and private corporations and boards. Joes deep experience is invaluable in NCRs ongoing transformation and successful separation, said Michael D. Hayford, NCR CEO.

Since he joined board six months ago, he has provided important perspective and counsel and look forward to continued collaboration. Frank R. Martire, who was named executive chairman in April 2018, has retired. During his tenure, he enabled NCRs growth as a software-led, as a Service company.

His leadership enabled NCR to transform, connect and run customers technology platforms, building market leadership and shareholder value. Frank instilled a customer-first culture at NCR during an important time of growth and change, said Hayford.