Brinks Home Security Names William Niles as Permanent CEO
Niles joined Brinks Home Security in September 2019 as executive vice president and general counsel, and was named interim CEO in February.
DALLAS — Monitronics Int’l (OTC: SCTY), dba Brinks Home Security, on Monday announced that its Board of Directors appointed William Niles as CEO, effective Sept. 30. Niles has served as the company’s interim CEO since February, following the departure of former President and CEO Jeff Gardner.
Michael Kneeland, chair of the company’s Board of Directors, says Niles was chosen to lead Brinks Home Security following the completion of a comprehensive search process.
“Since taking on the role of interim CEO back in February, Bill has worked diligently to design and implement the company’s go forward strategic plan, while also continuing to lead the business through the COVID-19 pandemic,” Kneeland continues. “His over 30 years of experience in senior leadership roles, as well as his strong track record of driving results, give us great confidence that he is the right person to lead this organization into its next stage of growth and drive long term stakeholder value.”
Niles assumes the role of CEO following a long tenure with the company. He joined Brinks Home Security in September 2019 as executive vice president and general counsel and was named interim CEO in February.
He previously served as CEO of Ascent Capital Group, the former parent corporation of Brinks Home Security. Since 2010, Niles has worked in the home security industry and holds a wealth of experience with the company’s sales channels, capital markets, M&A and strategic partnerships.
Niles was instrumental in establishing the company’s strategic rebranding to Brinks Home Security, played an integral role in the company’s 2019 restructuring and emergence, and led the development and execution of the company’s go-forward strategic plan.
“I am honored by the Board’s decision to place its trust in me and the incredibly talented and diverse team we have assembled over the past several months,” says Niles. “We are excited about the future of the smart home security market and the role we are going to play in shaping its future. At the same time, we will continue to remain focused on ‘creating profitable accounts at scale for life’ and look forward to continuing to build upon our success with an eye toward delivering value to all our stakeholders.”
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