Board member Stephanie Drescher retires; EVP Wayne Thorsen resigns as Chief Business Officer

ADT Inc.

Stephanie Drescher, a Class III director and Apollo designee, retired from ADT's Board on Dec 4, 2024.
Her retirement follows ADT ceasing to be a controlled company; NYSE requires majority independent directors within 12 months.
Wayne D. Thorsen, EVP and Chief Business Officer, resigned effective Dec 13, 2024, to become COO at another public company.
Thorsen's departure is not due to any disagreement with ADT's operations, policies, or practices.
No replacements have been announced for either position.

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