Resideo Q2 adj. EBITDA $175M tops guidance; appoints Mike Carlet as CFO

RESIDEO TECHNOLOGIES, INC.

2024-Q2 EPS reported $0.48 revenue$3,075,000,000

Net revenue $1.59B (-1% YoY); net income $30M vs $50M prior year.
Adjusted EBITDA $175M (above $155M prior); adj. EPS $0.62 vs $0.48, exceeding outlook.
Products & Solutions gross margin 41.3%—fifth consecutive YoY improvement.
Michael Carlet appointed EVP/CFO effective Aug 9, 2024; former Snap One CFO.
Tony Trunzo transitions to non-exec advisor until March 2025 then departs with severance.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Anthony Trunzo

Senior Vice President, Executive Advisor

REZI · RESIDEO TECHNOLOGIES, INC.

Effective: 2024-08-09
Filed: August 8, 2024, 7:59 PM ET

Mr. Carlet succeeds Anthony Trunzo, who was appointed to a new, non-executive officer position of Senior Vice President, Executive Advisor, in order to ensure a smooth CFO transition.

Appointed

Michael Carlet

Executive Vice President, Chief Financial Officer

REZI · RESIDEO TECHNOLOGIES, INC.

Effective: 2024-08-09
Filed: August 8, 2024, 7:59 PM ET

On August 7, 2024, the Board of Directors of the Company appointed Michael Carlet as the Company’s Executive Vice President, Chief Financial Officer, effective August 9, 2024.

Role change

Dana Huth

Senior Vice President, Chief Revenue Officer, P&S

REZI · RESIDEO TECHNOLOGIES, INC.

Effective: 2024-08-09
Filed: August 8, 2024, 7:59 PM ET

In addition, to provide further focus and alignment to the Products & Solutions business segment, Dana Huth, who previously served as Executive Vice President, Chief Revenue Officer, was appointed to a new, non-executive officer position of Senior Vice President, Chief Revenue Officer, P&S, also effective August 9, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Trunzo was appointed as Senior Vice President, Executive Advisor at RESIDEO TECHNOLOGIES, INC..

Action: appointed
Role: Senior Vice President, Executive Advisor

Exact text from the filing

Mr. Carlet succeeds Anthony Trunzo, who was appointed to a new, non-executive officer position of Senior Vice President, Executive Advisor, in order to ensure a smooth CFO transition.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Carlet was appointed as Executive Vice President, Chief Financial Officer at RESIDEO TECHNOLOGIES, INC..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On August 7, 2024, the Board of Directors of the Company appointed Michael Carlet as the Company’s Executive Vice President, Chief Financial Officer, effective August 9, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dana Huth was appointed as Senior Vice President, Chief Revenue Officer, P&S at RESIDEO TECHNOLOGIES, INC..

Action: appointed
Role: Senior Vice President, Chief Revenue Officer, P&S

Exact text from the filing

In addition, to provide further focus and alignment to the Products & Solutions business segment, Dana Huth, who previously served as Executive Vice President, Chief Revenue Officer, was appointed to a new, non-executive officer position of Senior Vice President, Chief Revenue Officer, P&S, also effective August 9, 2024.

View on SEC.gov

RESIDEO TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001740332-24-000051

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