Ex-HID President Grillo, ASSA ABLOY Part Ways
ASSA ABLOY’s Global Technologies Division (GTD) has announced the departure of CEO Joe Grillo, who also serves as executive vice president of Swedish parent ASSA ABLOY, AB.
“The time is right for me to step down and search out new challenges,” says Grillo. “Since its formation in 2003, I have had the pleasure of watching GTD grow and mature. I’m proud of the achievements made by the excellent management team and employees at all three business units making up the division, which includes HID, Hospitality and Identification.”
Grillo is probably best known as one of the founders and long-time president of HID, known as a global leader in electronic access control. He helped lead the effort to sell the company in 2000 when it was acquired by ASSA ABLOY. Joe went on to form the Identification Technologies business unit for ASSA ABLOY before being named to head up GTD in 2003.
“ASSA ABLOY is a great company and I am appreciative of the years spent working there,” adds Grillo. “I will really miss all of my former colleagues, especially those close friends at HID that I worked closely with since 1993.”
Johan Molin, CEO of parent ASSA ABLOY, AB, will take over management of GTD for a transition period until a permanent successor is named.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!