Bellevue-based kiosk operator Outerwall announced today (Tuesday, Jan. 20) the resignation of CEO J. Scott Di Valerio, who will be replaced by company board member Nora M. Denzel in the interim.

“On behalf of the company, we want to thank Scott for his many contributions to Outerwall. We believe the company is well-positioned due to its strong operating and financial foundation and a deep and talented team of employees,” said Nelson Chan, Outerwall board chairman, in a statement. “Outerwall continues to capitalize on its market-leading brands to drive profitability and deliver value for shareholders, partners and customers. To accelerate the progress we are making, the Board believes that now is the right time for a leadership change.”

Valerio had been CEO since his appointment in April 2013, having served as chief financial officer for Outerwall since 2010. He represented the company at the Consumer Electronics Show in Las Vegas earlier this month.

Denzel has been a board director at Outerwall since February 2013. She previously held various management positions at Intuit from 2008 to 2012.

Outerwall reports it will immediately start the search process for its next CEO.