NEW YORK (CNN/Money) - NCR, a leading maker of automated teller machines and point-of-sale terminals, has a new CEO to replace the top executive it lost to Hewlett Packard in March.

But NCR's decision to hire William Nuti as president and CEO is a sign of more management upheaval at Symbol Technologies (Research), the company where Nuti had been CEO.

Symbol replaced its chief financial officer two weeks ago, the day it lowered its second quarter revenue guidance.

Nuti joined Symbol Technologies in August 2002 as president and chief operating officer and became CEO on Dec. 30, 2003, after the company lost two previous CEO's in the face of probes of its accounting practices that eventually led to restatement of results. A number of former Symbol Technology executives either face criminal charges or have pled guilty to charges.

"Under his leadership, in 2003 Symbol returned to profitability for the first time in five years, and from 2002 to 2004 increased its revenues by 24 percent," said the statement from NCR announcing Nuti's appointment.

Monday, Symbol Technologies also reported a net loss of $30.5 million or 12 per a share, versus net earnings of $28.8 million or 12 per share a year earlier. But excluding special items, the company earned 2 cents a share, in line with analysts' forecasts for the period. Symbol said it was naming Sal Iannuzzi, who was just named CFO July 14, as interim CEO while a search is conducted.

"While we are disappointed in Bill's decision to leave, the board has great confidence in Symbol's senior leadership team and its ability to execute the operating plans we have in place," said Robert Chrenc, the company's non-executive chairman. "We thank Bill for his many contributions in successfully bringing Symbol through a very difficult period and wish him the best in his future endeavors."

NCR (Research) has been searching for a CEO since Mark Hurd wasnamed to the top post at HP (Research).

Shares of Symbol Technologies lost 68 cents, or about 6 percent, to $10.96 in pre-market trading on Inet following the announcements, while NCR shares gained 5 cents to $34.76

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