Ring Smart Home Gear to Be Installed in New Lennar Communities
The Connected Home by Lennar will be offered nationwide as part of the homebuilder’s signature Everything’s Included program.
The Connected Home by Lennar will be offered nationwide as part of the homebuilder’s signature Everything’s Included program.
In the newly created position, Merrill will lead Resideo’s corporate strategy, brand strategy, external corporate communications and strategic partnerships.
Proceeds from the sale of 17 million shares of Resideo common stock will be used to pay down debt and for funding growth investments.
The manufacturer offered its Premier Dealer Program members market and product updates as well as encouragement at abbreviated version of its annual event.
ADI Global Distribution quarterly segment revenue increased 11%, while the Products & Solutions segment reported a revenue increase of 12%.
Resideo’s professionally installed and monitored security, life safety and smart home control system is now available in North America.
The new Honeywell Home Tuxedo panel by Resideo features a 7” color touchscreen and is compatible with hundreds of Z-Wave Plus devices.
The ADI Expo program is planned to resume in February 2021. Dealers are encouraged to take advantage of online training to sharpen business skills.
Headwinds caused by the coronavirus were attributed for the revenue losses at Resideo’s ADI Global Distribution and Products & Solutions segments.
A 30-year industry veteran, Geldmacher will succeed former President and CEO Mike Nefkens who stepped down last December.