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Resideo Names Niccolo De Masi President of Products and Solutions, Chief Innovation Officer

AUSTIN, Texas, Feb. 13, 2019 – Resideo Technologies, Inc. (NYSE: REZI), has named Niccolo de Masi  president of its Products and Solutions segment and chief innovation officer, effective immediately. De Masi will report to Mike Nefkens, president and CEO, and will continue to serve on the Resideo Board of Directors.

"Niccolo has been a trusted advisor to Resideo as a board member, with deep expertise in consumer technologies, and we’re pleased to bring his innovative spirit into the Resideo leadership team,” Nefkens said. "With an experienced products president and technology officer on board, we’re poised to continue to deliver innovative professional channel solutions for the exterior, on the wall, behind the wall and in the cloud that will help redefine the smart home experience.”

De Masi will oversee Resideo’s Products and Solutions segment, which includes the company’s comfort and security solutions, and a growing portfolio of connected products, including smart thermostats, security systems and cameras, sensors, water leak detectors and more. This includes the latest addition to the connected home portfolio: new Honeywell Home™ T Series Smart Thermostats – the T9 and T10 Pro – which feature best-in-class, wireless smart room sensors to effortlessly deliver a desired temperature when and where it’s needed. He also will lead overall technology innovation across Resideo.

“By connecting products to each other and to the cloud, and through its industry partnerships, Resideo pulls together an entire ecosystem for the home and offers best- in-class connected solutions tailored to customers’ lives,” de Masi said. “I’m confident we are positioned to deliver the next-generation technology to turn connected homes into truly smart homes.”

Prior to joining Resideo, de Masi was president of Essential Products Inc., a full-stack consumer electronics brand, where he was responsible for day-to-day operations of the startup, which raised more than $300 million from strategic investors, including Amazon, FoxConn and Tencent. He is one of the very few technology CEOs who has run two public companies before the age of 30: mobile gaming leader Glu Mobile (NASDAQ: GLUU), where he remains chairman, and Monstermob Group PLC. During his tenure at Glu as CEO and then chairman during the past nine years, the company’s market capitalization grew by more than 40 times.

About Resideo

Resideo is a leading global provider of critical comfort and security solutions primarily in residential environments, and distributor of low-voltage and security products. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. We continue to serve more than 100,000 contractors through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world. Resideo is a $4.8 billion company with approximately 14,500 global employees. For more information about Resideo, please visit corporate.resideo.com.

The Honeywell Home trademark is used under a long-term license from Honeywell International Inc.