Who Really Won?

Thursday, February 09, 2006

Diebold On the Way Out?

Diebold Inc.'s new chief executive, determined to cut $100 million in costs over three years, said he is reviewing whether the company should continue investing in its embattled electronic voting business.

CEO Thomas Swidarski insisted in an Associated Press interview that he feels good about the performance of the e-voting operations, even as some shareholders and computer experts complain that Diebold touch-screen voting machines have had a history of hardware and software woes.

``There's pieces and aspects of each of our businesses that I'm going to be looking at with a very critical eye in terms of what the future holds for us,'' Swidarski said in his first media interview since taking over in December the company best known for its automatic teller machines and security systems.

Risk within any of Diebold's businesses will be weighed against profit potential, Swidarski said. ``If any of the pieces don't fit or any of the pieces don't add the value we think is associated with that risk, then we'll make appropriate decisions at that point,'' he said.