Coinstar appoints new CEO

On 4 September 2008, Coinstar announced the appointment of Paul Davis as Chief Executive Officer, with effect from 31 March 2009. The company is a provider of products and services including gift cards, prepaid products, skill crane and bulk vending machines, money transfer and DVD rental kiosks. Prior to this, Davis has held the position of Chief Operating Officer in Coinstar, and was responsible for all lines of business including sales, manufacturing, supply chain, customer service and research and development.