Brinks Home Security, a subsidiary of Monitronics Int’l, announces President and CEO Jeff Gardner has stepped down from his position and from the company’s Board of Directors effective immediately.
“On behalf of the Board, I want to thank Jeff for his many contributions to Brinks Home Security,” says Michael Kneeland, chair of the Company’s Board of Directors.
“Under Jeff’s tenure, he spearheaded significant achievements across the organization, including our rebranding to Brinks Home Security, and building out our direct to consumer offering under that brand. We appreciate all he has done for the company and wish him well in the future. Looking ahead, we will continue to focus on executing against our strategic priorities and creating long-term value for our shareholders.”
Gardner had held the position since 2015. In 2018, MONI Smart Security rebranded to Brinks Home Security. You can read what Gardner had to say about the transition, here.
“Brinks Home Security is an exceptional company and leading the team has been an honor,” says Gardner. “I am proud of what we have accomplished together and our deep commitment to serving our customers.”
Effective immediately, the Board of Directors has named William Niles, the company’s Chief Transformation Officer and General Counsel, as interim CEO.
Prior to joining Brinks Home Security in September 2019, Niles served as CEO of Ascent Capital Group, the parent corporation of Brinks Home Security. Since 2010, Niles has worked in the home security industry and brings with him a wealth of experience including expertise in the dealer and direct to consumer sales channels, capital markets, mergers and acquisitions and strategic partnerships, according to the company.
The appointment of Niles is coupled with a comprehensive search to name a permanent CEO, which the company says it is expects to commence shortly. Niles will remain in his role as interim CEO until the transition to a permanent CEO has been completed.
This article originally appeared on our sister publication Security Sales & Integration‘s website.