Jeff Gardner steps down as Brinks CEO

DALLAS—Brinks Home Security announced late last week that company President and CEO Jeff Gardner is stepping down from his position and from the company's Board of Directors, effective immediately.

“Brinks Home Security is an exceptional company and leading the team has been an honor,” Gardner said in the announcement. “I am proud of what we have accomplished together and our deep commitment to serving our customers.”

“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 the announcement. “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.”

Effective immediately, the Brinks Home Security Board of Directors has named William Niles, the company's chief transformation officer and general counsel, as interim CEO.

Prior to joining Brinks Home Security in September 2019, Niles served as chief executive officer of Ascent Capital Group, Inc., the parent corporation of Brinks Home Security.  Since 2010 he has worked in the Home Security industry 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. Niles was instrumental in establishing the company's strategic Brand relationship with Brinks Inc. and its commercial relationship with NEST.

The appointment of Niles is coupled with a comprehensive search to name a permanent CEO for Brinks Home Security, which is expected to commence shortly. Niles will remain in his role as interim CEO until the transition to a permanent CEO has been completed.  

Headquartered in the Dallas-Fort Worth area, Brinks Home Security secures approximately 900,000 residential and commercial customers and has a large network of independent authorized dealers providing products and support to customers in the U.S., Canada and Puerto Rico, as well as direct-to-consumer sales of DIY and professionally installed products.