Brinks Home Security, formerly known as Monitronics, recently announced that its president and CEO, Jeff Gardner, is stepping down from his position and from the company’s board of directors effective immediately. William Niles, Chief Transformation Officer and General Counsel, has been appointed to serve as the company’s interim CEO.
“On behalf of the Board, I want to thank Jeff for his many contributions to Brinks Home Security,” Michael Kneeland, chair of the Company’s Board of Directors, said in a statement. “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.”
“Brinks Home Security is an exceptional company and leading the team has been an honor,” said Gardner. “I am proud of what we have accomplished together and our deep commitment to serving our customers.”
Niles comes to the role of interim CEO following a long relationship with the company. Prior to joining Brinks Home Security last September, he served as CEO of Ascent Capital Group, Inc., the parent corporation of Brinks Home Security. Niles has worked in the home security industry for a decade 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.
Brinks said it would soon begin a comprehensive search to name a permanent CEO for the company.
