Coinstar Inc., a Bellevue, Wash., maker of coin-counting machines and other self-service kiosks, said Paul Davis, chief operating officer, will become its chief executive officer April 1.

He will succeed Dave Cole, who will retire March 31, Coinstar said Tuesday.

Mr. Davis, 51, will also get a set on Coinstar's board. He joined the company in April as its chief operating officer.

Mr. Cole, 60, joined Coinstar in 2001 as its CEO and a board member.