Diebold announced Thursday that it has named Andy W. Mattes its president and chief executive.

The North Canton, Ohio ATM maker said Mattes will take the reins from the company's executive chairman of the board Henry D.G. Wallace, who has been overseeing the company since January.

Mattes was also named a board director.

"We are very pleased to have Andy on board to lead Diebold as we work to transform the company to one driven by software and services-oriented technology," said Wallace in a press release. "He is an experienced leader with a proven track record of generating sustainable, profitable growth through effective execution and strategic leadership -- particularly in a global software and services environment.  He has the right combination of knowledge and experience at the major corporate level to lead our company during this period of swift change in the industries we serve." 

Mattes, 52, was most recently a senior vice president of global strategic partnerships at Violin Memory, which makes flash memory computer storage system.

Before that he held a series of executive positions with Hewlett-Packard. At the height of his career there, he oversaw 40,000 employees and was responsible for roughly $10 billion in revenue, Diebold said.

Diebold previously pushed out its longtime CEO, Thomas W. Swidarski amid disappointing results.

At the time, the company had posted a fourth-quarter loss from continuing operations of 12 cents a share, and income from continuing operations (a non-GAAP measure) of 45 cents a share.

As of Thursday morning, Diebold shares were up 0.66% to $31.86.