Gilbarco Veeder-Root (GVR), a Vontier Corporation business and a global leader in fueling and convenience store technologies, has named Karthik Ganapathi as President, GVR Retail Solutions with responsibility for GVR’s global retail solutions strategy, point-of-sale and payment solutions and cloud platforms to expand the company’s convenience retail offering.

A former Honeywell executive with almost 25 years of strategy, technology and operations experience, Ganapathi has a strong track record of developing new approaches to capture critical market transitions and leading software portfolio transformations.

“I am pleased to welcome Karthik to the GVR team leading our retail solutions business,” said Aaron Saak, President Gilbarco Veeder-Root. “Karthik is a proven global leader with deep expertise in leading businesses in the retail, software, and industrial technology markets with a proven track record of modernizing and transforming businesses with best-in-class technology solutions.

At Honeywell, Ganapathi helped create Honeywell’s industrial software business, Honeywell Connected Enterprise (HCE). He held multiple leadership roles at HCE spanning product and technology. Most recently, as the Chief Transformation Officer for HCE, he led the effort to shift the portfolio to SaaS, build innovation pipeline, and accelerate new product introductions. Prior to Honeywell, Ganapathi held various operator roles in public companies and private equity, including as Vice President and General Manager at Diebold Nixdorf, an end-to-end provider of services, software, hardware and security for the retail and banking sectors. While there, he grew the business significantly by introducing software and services-led business models and modernizing its operating platform.

Ganapathi holds a bachelor’s degree from the National Institute of Technology, Rourkela, India in Engineering, a master’s from Missouri University of Science and Technology, and an MBA from The University of Chicago.