President/COO Quits! CEO Walden O'Dell Takes Over!
By Brad Friedman on 9/21/2005, 10:16am PT  

Shares of Diebold, Inc. (DBD) continued to fall in heavy trading today after hitting a 52-week low at Tuesday's close as reported here last night.

As of today's, shares had dropped 15.5% in very heavy trading, along with news that their President and Chief Operating Officer, Eric C. Evans has resigned effective today. Diebold, Inc. CEO Walden O'Dell has announced he will take over for the moment...O'Dell is well known for his Republican fundraising letter of 2003 announcing that he was "committed to helping Ohio deliver its electoral votes to the President."...Diebold Elections Systems, Inc. and competitor ES&S count more than 80% of America's votes each election and have come underfire for inadequate security on their voting machines, as well as a lack of transparency for their proprietary source code, and a lack of accountability and verifiability in their election results.

Real-Time Chart, Slight Delay, Hit Refresh for Updates...

  • BRADBLOG: "DIEBOLD INSIDER: 'Diebold System One of Greatest Threats Democracy Has Ever Known'"
  • REUTERS: "Diebold cuts forecast, COO leaves, shares plunge"
  • AP: "Diebold Shares Dip on Lowered Forecast"
  • BRIEFING.COM: "Diebold downgraded by Robert W. Baird"
  • UPDATE: Diebold insider, "DIEB-THROAT" weighs in on today's stock plunge! Compares company to Enron! Points to CEO O'Dell's $3m Salary and more! Read it here...