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Bill Nuti

From Alfawiki
William R. Nuti
Born
William R. Nuti

Bronx, New York, United States
Other namesBill Nuti
OccupationBusiness executive
Years active1986–present
Known forCEO and Chairman of NCR Corporation (2005–2018)

William (Bill) R. Nuti is a business executive from New York, United States. He held the positions of CEO and Chairman at NCR Corporation from 2005 until 2018, stepping down after guiding the company through its separation from AT&T. Nuti earned a Bachelor of Science degree in Finance and Economics from C.W. Post College.[1]

Education

Nuti completed his Bachelor of Science in Finance and Economics at C.W. Post College, which is part of Long Island University, in 1986.[2]

Career

During his college years, Nuti was employed at IBM, where he sold copiers. After graduating in 1986, he joined IBM full-time, focusing on selling telephone systems for a newly acquired division.[3]

In 1988, Nuti left IBM to work for the start-up Network Equipment Technology based in San Jose, California. Two years later, in 1990, he became a regional manager at Netrix, which counted Cisco among its clients and subsequently hired him in 1991.[3]

By 1997, Nuti was leading Cisco’s Asia/Pacific operations from Singapore, and in 1999 he took charge of Cisco’s Europe, Middle East, and Africa region from London, where he more than doubled the revenue across these markets.[4] In 2001, he advanced to senior vice president at Cisco’s headquarters, responsible for the Worldwide Service Provider business as well as U.S. Theater Operations. His role encompassed field operations, systems engineering, professional services, marketing, and U.S. sales.[5][6]

Nuti departed Cisco in 2002 to become President and COO of Symbol Technologies, assuming the CEO role in 2003. During his tenure, he returned the company to profitability after five years and increased revenue by 24% between 2002 and 2004.[7][4]

NCR Corporation

At the time Bill Nuti joined NCR in 2005, the firm had experienced a compound annual growth rate below 1 percent over the previous eight years. Between 2006 and 2010, Nuti undertook a comprehensive overhaul of NCR's supply chain. In January 2007, NCR announced plans to spin off its data warehousing division, Teradata, a process completed by October that year. In 2009, NCR relocated its corporate headquarters from Dayton, Ohio to Atlanta, Georgia—a strategic decision that Nuti later identified as instrumental for sustaining long-term growth.

From 2011 through 2014, NCR pursued acquisitions aligned with its strategy to enhance software and services offerings. These included Radiant Systems (2011), Retalix (2013), and Digital Insight (2014). In November 2015, NCR formed a strategic alliance with Blackstone that brought an $820 million investment through perpetual convertible preferred shares to support its evolution into a fully integrated software and services enterprise. This funding facilitated a $1 billion share repurchase via a self-tender offer.

By 2016, NCR's software revenues had grown to $1.8 billion while cloud revenues reached $600 million—up from zero in 2010—with non-GAAP operating income rising from $383 million in 2010 to $840 million. On March 22, 2018, Nuti announced his resignation as CEO due to health concerns.

Board memberships

Nuti became a member of the Sprint Communications Board of Directors in June 2008 and remained in that role until July 2013. In May 2014, he was appointed to the Board of Directors at Coach, Inc., where he contributes as part of the human resources committee.

He served on the advisory board of the Georgia Institute of Technology from 2014 through 2017. Beginning in December 2013, Nuti joined the Board of Directors for United Continental Holdings (United Airlines), actively participating in committees focused on finance, compensation, and public responsibility. Additionally, he holds a trustee position at Long Island University and has previously been a board member of Opus360 Corp.

Writing and speaking

In 2014, Nuti was the keynote speaker at the Dubai International Project Management Forum (DIPMF) and also delivered remarks at the White House Forum on Strategy for American Innovation. His written work appeared in prominent publications such as The Wall Street Journal, Entrepreneur, and Mobile Payments Today during 2017.

Honors

Nuti earned the title of “Best Turnaround Executive” from the American Business Awards in June 2005. A decade later, in 2015, he was honored as “Most Admired CEO” by the Atlanta Business Chronicle. He is recognized among Long Island University's Notable Alumni. Furthermore, he received the Atlantic Legal Foundation's Annual Award in 2014 and was bestowed with the Lifetime Global Innovation Award by the ATM Industry Association in 2017.

Personal life

Growing up in a modest two-bedroom apartment in the Bronx, Nuti began delivering newspapers at nine years old. He currently lives in New York City with his wife Michele and their son.

References

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  6. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
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