Diebold suspends exec bonuses; DBD -5.9%

|About: Diebold Nixdorf, Incorporated (DBD)|By:, SA News Editor

Diebold Nixdorf's (NYSE:DBD) compensation committee suspends the quarterly bonus program for named execs, effective immediately.

The company says the program was necessary to retain leaders "during a very challenging period" and suspends it now after accomplishing the goal of stabilizing the company and launching the DN Now initiative.

DBD shares are down 5.9% pre-market to $11.95.

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