Coinstar Inc. Announces Employee Promotions

Coinstar Inc., a provider of automated retail, has appointed Mary Leonard to chief performance officer and member of the Coinstar executive management team.

Leonard previously served as senior vice president of operations for redbox, a wholly-owned subsidiary of Coinstar. Reporting to Gregg Kaplan, president and chief operating officer of Coinstar Inc., Leonard will replace retiring Steve Verleye and assume corporate-wide responsibilities that include: oversight of strategic planning and integration, operational excellence, employee communication and call center operations.

“Mary is a proven leader building business and driving results at some of the world’s leading companies,” Kaplan said. “Coinstar’s automated retail strategy will benefit from her experience, perspective and commitment to excellence. Additionally, I’d like to thank Steve Verleye for his leadership and many contributions to Coinstar Inc. over the past seven years. Steve made the decision to retire early next year to enable him to commit full time to his non-profit work.  We wish him all the best in his retirement and this important work.”

Leonard joined Coinstar’s subsidiary redbox in 2006 and served as senior vice president of operations overseeing a team of more than 1,500 employees responsible for: kiosk deployment and installation, inventory and logistics, continuous improvement and facilities. In November 2009, Leonard was named one of the most influential women in the video industry by Home Media Magazine and also was named to the Class of 2009 Women Elite by Video Business.

Before joining redbox, Leonard served as director of print consolidation facilities and director of carrier development for RR Donnelley Logistics, overseeing service improvement and cost-reduction strategy and implementation.  Prior to RR Donnelley Logistics, she served a successful tenure with FedEx Corp., managing pick-up and delivery operations, staffing analysis and training, and facility and vehicle planning in various regions throughout the U.S. and England.

Redbox Automated Retail LLC, a wholly-owned subsidiary of Coinstar Inc. and movie rental provider, announces the promotion of Diane Pearse to senior vice president of finance and operations and the appointment of media-industry veteran Mindy Herman to chief of content, a newly formed position.

Pearse, previously served as senior vice president of finance, redbox, and in her new role will assume supervision of operations-a role previously managed by Leonard.  Pearse joined redbox in May 2010 and has more than 25 years experience in finance and most recently served as chief financial officer of Crate and Barrel. Earlier in her career, Pearse was vice president of business financial services for the Americas with BP Amoco Corporation, where she served a key role in the integration of the finance and treasury function of the newly merged company. Prior to the BP Amoco merger, Pearse spent 18 years with Amoco Corp. in a variety of increasingly senior positions in the corporate finance, treasury accounting and information technology areas.  Pearse will report to both Mitch Lowe, president of redbox, and Scott Di Valerio, chief financial officer of Coinstar Inc.

Herman, former E! Networks president and CEO and media-industry veteran, joined the redbox leadership team this month reporting to Lowe. She will lead content strategy, studio negotiations, and title acquisition for the redbox business. Herman has more than 20 years of experience, including successful tenures as president and CEO of iN Demand, the cable industry’s leading provider of pay-per-view and video-on-demand film, sports and event programming, and in various senior executive positions at News Corp.

“Diane and Mindy are talented individuals who will play a critical role in driving redbox’s continued success and mapping our future,” Lowe said. “Redbox is proud to retain and attract a diversity of top talent to drive our business and delight our consumers.”




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