ADT Announces Senior Leadership Succession Plan: Whall to Retire, DeVries to Become CEO
ADT Inc., the leading provider of monitored security and interactive home and business automation solutions in the United States and Canada, today announced that Jim DeVries, currently president of ADT, will be promoted to chief executive officer to succeed Tim Whall, who will be retiring on November 30, 2018. DeVries will be appointed to the company’s board of directors following the transition; while Whall will remain on the board and serve as an advisor to the company.
“The company has strengthened its core operations and is successfully executing on its strategy, and both the board and I believe that now is the right time to initiate this transition of leadership responsibilities,” Whall said. “Jim DeVries has led many of the company’s recent operational and strategic improvements as chief operating officer and president, making him well-positioned to succeed me as chief executive officer. Today the fundamentals of our business are strong and I am confident that under the leadership of Jim and the current management team, ADT will continue to perform and deliver on its long-term growth plans.”