Brinks Home Security Appoints Chris Moloney as CMO, SVP of E-Commerce
Moloney brings more than two decades of experience to his new role, including serving as CMO for Experian, Wells Fargo Advisors, TaxSlayer and Scottrade.
Moloney brings more than two decades of experience to his new role, including serving as CMO for Experian, Wells Fargo Advisors, TaxSlayer and Scottrade.
The company originally intended to appeal the delisting, but determined it wouldn’t be worth the cost in time and resources.
As Monitronics aims to eliminate suffocating debt, plentiful access to capital has led alarm companies to be less reliant on dealer-program financing.
The restructuring agreement calls for Monitronics to be merged with its holding company Ascent Capital Group upon stockholder approval.
Monitronics reported a quarterly net loss $31.8 million, compared to a net loss of $26.2 million in the three months ended March 31, 2018.
The direct-to-consumer division of Brinks Home Security accounted for 38.3% of new customers generated in Q2, helped by the company’s partnership with Nest.
Despite a nine-year absence from the home security market, Jeff Gardner explains why the Brinks brand will fuel faster growth at the company.
The MONI and LiveWatch holding company reported net losses for the three and six months ended June 30 totaled $43.5 million and $62.4 million, respectively.
Ascent Capital Group says Fred Graffam will succeed Michael Meyers as the company’s CFO, effective in early September.
Monitronics bolsters its DIY interactive and home automation services and picks up 32,000 LiveWatch Security customer accounts.
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