On January 5, 2018, Atlantic Investment Management, Inc. reported that recent sales of Diebold Nixdorf, Incorporated's shares by it do not reflect a loss of confidence in the Company’s prospect for substantial capital appreciation over time. Further, Atlantic Investment added that it has taken note of the December 13, 2017 announcement of the resignation of CEO Andy Mattes and is supportive of the appointment of the two interim co-CEO’s, Chris Chapman and Juergen Wunram, and the search for a qualified permanent CEO. Further, Atlantic Investment added that it continues to be supportive of the Company’s merger integration plan and continues to have confidence in the Company’s ability to achieve its stated 2020 financial targets per the February 2017 Investor Day.