Brinks Home Security appoints permanent CEO

DALLAS— Brinks Home Security announced that its Board of Directors has appointed William Niles as CEO, effective Sept. 30, 2020. Niles had served as the company’s interim CEO since February 2020.

“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,” said Mr. 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.”

Brinks Home Security’s Board of Directors Chair Michael Kneeland said the decision comes after completing 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 said. “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 comes to the role of CEO following a long tenure with the company. Niles joined Brinks Home Security in September 2019 as executive vice president and general counsel and was named interim CEO in February 2020. Prior to this, he served as CEO of Ascent Capital Group Inc., the former parent corporation of Brinks Home Security.

Since 2010, he has worked in the Home Security industry and holds a wealth of experience with the company’s sales channels, capital markets, mergers and acquisitions 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.