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SDM NewswireSecurity Comings & Goings

Deploy Surveillance Welcomes Vivint Founder Todd Pedersen as Owner

By SDM Editors
Image of Todd Pedersen.
Image courtesy of Deploy Surveillance.
July 26, 2024

Deploy Surveillance announced Todd Pedersen, founder of Vivint Smart Home and Vivint Solar, as owner and executive board member. Pedersen’s involvement bolsters the company’s commitment to aggressive and strategic scaling, as well as its focus on investment in new technologies.

“I’m very excited about the direction of Deploy Surveillance,” said Pedersen. “We’ve always focused on understanding our customers' needs and delivering better than anyone else. By building a strong team of experienced and high-potential members, we are in a great position to drive innovation and stay ahead. It’s vital that we continue to pioneer and stay relevant to both our current customers and those we aim to serve. Deploy is poised to revolutionize the market with our cutting-edge solutions and exceptional service.”

Deploy Surveillance said Pedersen’s involvement signifies a strategic focus on aggressive growth and technological advancement. The company believes his vision and financial backing will drive the research and integration of emerging AI technologies while expanding operations, increasing fleet size, and diversifying the company’s product line.

In 1999, Pedersen founded Vivint, overseeing its growth as CEO into one of North America’s largest residential security and smart home technology companies, recognized by Fast Company as one of the World's 50 Most Innovative Companies. In 2012, the company was acquired by the Blackstone Group for $2 billion.

Pedersen was honored as Ernst and Young Entrepreneur of the Year in 2010, Utah’s Entrepreneur of the Year by the Mountain West Capital Network in 2013, and later inducted into the David Eccles School of Business Hall of Fame. Under his leadership, Vivint was ranked highest in customer satisfaction among home security brands by J.D. Power, the customer experience benchmarking authority. In 2021, Pedersen stepped down as CEO to pursue other entrepreneurial ventures and charitable endeavors.

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KEYWORDS: appointment Vivint

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