Arecont CEO And President Resign

By: John Honovich, Published on Apr 18, 2018

This is good news for Arecont.

Arecont's problems have been well known for years (e.g., most recently Worst Camera Manufacturers 2018 and starting with Worst IP Camera Manufacturers 2011). Many have wondered why can Arecont not fix this? Now they have fixed a core problem.

Co-founders Michael Kaplinksy and Vladmir Berezin have resigned, respectively from being CEO and President, clearing the way for Arecont to improve and resolve problems. The challenge will be whether they have enough time and resources left to undo the damage done.

In this note, we examine the resignations and the outlook for the company.

**** ** **** **** for *******.

*******'* ******** **** **** well ***** *** ***** (e.g., **** ************* ****** ************* ******* ******** ********* ** ****** ************* 2011). **** **** ******** why *** ******* *** fix ****? *** **** have ***** * **** problem.

**-******** ******* ********* *** Vladmir ******* **** ********, respectively **** ***** *** and *********, ******** *** way *** ******* ** improve *** ******* ********. The ********* **** ** whether **** **** ****** time *** ********* **** to **** *** ****** done.

** **** ****, ** examine *** ************ *** the ******* *** *** company.

[***************]

Good ** *** **-********

*** ******** ************ ** the **-******** *** ***********. As ****, **** *****-***** expertise ** ******* *******, the **-******** ********* **** to ******* *****-**-****** ********* cameras **** *.*** (*** **** ******* ** this **** ** ***** ago). ********, **** **** able ** ******* **** at * ***** ***** cost **** ***** (***-*******) rivals ** *** **** - **** ***. *** combination ***** *******'* **** initial ****** *** *** something **** ******* ***** not **** ************ ******* the **-********. ***** **** indispensable *** *******'* *****.

Bad ** *** **-********

*** ********** *** **** was *** **-*** ******* Kaplinsky, ** ** ** still******** ******* ** ********, *** '*****' ** Arecont:

** ** *** ** much *** ***** ***** days, ***** ** **** examine *****.

*** *******, ** ********* by **** ******* ********* and ******** **** *** years *** *****, *********, and ************* ** *** the ******* ******** ** the *******. ** ******* accounts, ******* *** ****** profitable *** ******* **** for **** *****, ** the ********** ****** **** spun *** ** ****** simply *** ****** **** or *** ********* ***** how **** ****** **** going ***********.

Schafer **** ***

******* ***** ******* *** Arecont ****** ******** *******, *** ****** EVP ****** **** ****. *******, ** ****** of '*******' ** **** as *****, ****** ** deal **** *** ***** problems *** ******* *****, compounding **** **** *** own *********.

Industry ******** **

** *** ********, *** industry ****** ** ** many ******* ***** ***********. With *** **** ** Ambarella *** *********, ***** for ** ******* ****** better *** **** *********. With *** **** ** Chinese *************, ******* ** cameras **** ****. **** the **** ** ****** everyone ******** *****-*******, *******'* lead ** **** ******** declined.

Holding ** ********* ******* *** *** ****

***********, ********* *** ******* have ******** '****' **** the '********* *******' ** Arecont's ******* ********** **** notes:

*** *** *** ***** executives ** *** '******* company' ***** *** ****** in**** **** ******* **** on $** ******* ** debt. ******* ** *** size ** *** **** raise, *** **** ******* has * *********** ****** on *******. ** ** unknown ** ** *** much *** ** **** form *** **** ** executing **** ***** *** our **** ********** ** that *** **** *** some ****, **** ** indirectly, ** ********* ***** executive *******.

Calderon *******

**** ********, ****** ******** ** *** and **, **** *******'* ****** last ****, ******* ***, to *** **** ** our *********, ** *********** operating ** *** ** the *******.

******** ** ********* *** liked ** ******* ****** we **** ****** ** since *** ********* *** viewed ** **** **** Arecont *** *** ******. And **** *** ************ of *** **-********, ** gives ******** *** *********** to **** *** * true ***** ***** *** an *********** ** ******** re-brand *** *******.

Challenges ******

***** ** *********** **** to ** **** *** there ** *** ***** of **** *** ************ and **** **** ** be ****, *** ***** which ** ** *** know *** *********** **.******* ***** ** **** itself **** ****, *** **** ****** of ******** ******** **** the *****, **** *** not ** *******. **** Calderon *** *** ********* Arecont ********** **** *** do *** ******* ** be ****, *******, ***** free ** *** ******** of ***** ******* *** now ********* *** ****** steps ** *** ***** direction.

Comments (17)

*** ** ** ***********, *** *** ** *** ***** **** these ************ *** ******** **** **** **** ******* ** ******?

**** **** ******** ******* *** *** ** *** **********, *** have *** *******?

********, ** ****’* *** ****, ***** *********’* ********** ********** ** accelerated ** ** ** ***** * ****** ****** ******?

* ***** **'* **** **** ******* ***** ** ******* ***** to *** *******. ** ************* ** **** **** **** *** stopped ******* **********. ** *** '************', *********'* ****** ** ****** hemmed ** ** *** **** *** *** ****'* *********.

******** ** ***** *** *** (*******) *** *******?

*** *** ** ** *** *********** **** *******.

*** ******* *** *** ******* **** **** *** ** *** mill ******* *** *****.

*******, *** ******* **** **** *** ****** ** **** **** Arecont-specific ********** ** ********* ** **, ***** ** ******** * good *****.

** **** ********* * **** ************ ***** **** **** **** ******* ** ****. ** ** plan ** **** **** *** ******* (***** ******* **** **** their ********) *** *** ******* / ******* *** ** *** next *** ******.

***** ******* **** **** ***** ********

* ***** ** **** ********** ** *** ******* ****** **** statement. *** ******* ******* ** ******* *** **** **** ******** veterans ** *** *********** **** **** **** ******** ********** ******* optimized, ****** ****** ********? **, *** ***** ****** **** ****, who **** **** ********** ******* **** "** ***** **" *** the **** ******+ ******** **** * ***** ** ******* *** their ***** *** ** *****-***** ******** *** ********* ********? ****, it ***** ******** **** ******* ***** *** ******** **** *** ground **, *** ****** ********** *** *** ***** ** *** company *** *** ****** ** **** ** *** ********.

** "**** ***** ********" * ******* **** **** "**** **** minor ************** *** ******* ** **** ******** ** *** ******* OEM".

** **-******** ** *******, * *** *** ** *** * fun ******* ** **** **. ** *** ***********. * ***** Michael *** **** ** ** * ****(*** *********** ****:-) ) people. *************, ******* *** *** **** ****** ********* ******.

**** **** ****!

****: **** ** * ********** ******** *****, *** ******* -

*** *******, ***** *** *********** **** ********, **** *********** ******* over *** ********* ******* *** *** ******* *** **** ** (i.e. *** ******** *********). *******, *** ******** *** *** ******* company, *** *** ******** ***** ********* ***** **** ****** **** can ** '********' **** *** ********* *******.

******** ********** ****:

  • *** **** *** **** ** ******* *** ********* ******* (******* ** *** ******), *** *** ******* *******.
  • *** ******* ******* *** ******* ***** ****, * ***** ****** the *** ****** ********* *** $** ******* ****.
  • *** ******** ***** **** ********** ** ********** ** *** ******* company.
  • ******* ********* *** ***** ******* ** ******* ****** **** ********* company ****** (*.*.,*).

****** **** ******** *************** ** ******** ** *****?

**** ** **** * **** **** ****** **** *** ** than ******** ****. * ******** ** **** ** ** ******** when *******, ****, *** ****** ******* **** ** *** ******* Arecont ******* *** ** ** *** (***** ** ******** *** do ******* ***** ****-**).

* ******** ********* ** *******'* ********** *********** ** ********* ****** pricing ***** ****** ********* ** *** *** ***** ** *** Arecont ***** ** **** ** ****.

****** * ***** ******* ******* *** *** ***** *** ** take ******* ** *** **** *****, ** ******* *** *** borne *** ** ** ****, * ****** ***** ***, *** respected *** ******* **** *** ********** *** *** ******.

* **** **** *** *** ******* **** *** **** ** luck ** **** ***** **** ******* *** **** *******.

...** **** ***** **** *******...

***** ***, * ** **?

;)

*** *** **** *** * ***** ******* ** *** **** - * ***'* ***** **** ** * **** ****.

* **** ** ******** **** *** ******** *********, ********** ** politics ** *******. **** **** ****, ** ***** ******* ******** are **** *** ***** ** *** ** ** ****** **** on **** ******/******** **** **** ******** ** *** ***** ****** to ***** *** ****. **'* ** ***********, ****** ********! ** he ***** *** *** ***** *** *** *********, **** * have ** ***** ******* **** ** ********** *** **** ********** for ***** **** ***** ** ****** ****** ** ******.

* **** **** *** ******* **** ** * ********* ** healthy, ******, ************** ******* ************* ** **** *** *** ******** and ********* **********.

******** ** **** *** **** *** ********* ******* ***** ** purchased ******* *******. *********** *** ** *** *** ** *** problem ***** ******* *** ******* **** **** *** **** ***** lens ****** ** *** ****** ** *** **** ** ********* with ****.

******* ***** **** ***** ** ******* ******** **** ******* ***** never **** ****** *** ******* * ******** ******* ******. ****** the **** ****** ****** ** **** **** ******** *** ** our ******* ******* **** **** **** ** ****'*.

*** ** *** ***** ***** ****** **** ****** ** ******* camera **** ***** *** ** **** ***** ***** ****** ******* out ***** **** **** ****** ***********???

** * *** ** ******* *** ** *** ******* **** and * ***** ****** *** ** ** ************* *** ********** today. ***** ********** ** ***** ** **** ** ********* *** will ********** ** ***** ***** **** ****** ******* *** ******** their ********* **** ****.

***** ********** ** ***** ** **** ** *********

*** ** ***** '***** *******'** ***, ***....

***** **** **** **** ************ **********, *** ****** *** **** different. ********* *** *** *** *********** ******* ******* ** ******** failure ******. ********* ****** **** ** ***** ********* **** **** including *********** *********** *** ****** ******.

*********'* ************ ****** ** **** ******** **** **** ***** ******** earth ******* / ********* *******, ***** ******* ********** *********, ************* issues, ***.

****, * ***** *** **** * **** ***** **** ** is * ********* "****" ** *** ********** **** *********'*. *'* sure *********** * ***** **** ******* *** * *** ********** as *** ** *********'* *** *** *** **** *** **** "kind" ** *** **********.

**** **** ***** ****, * *** ********** ****** ************* *** ********* **** *** ** *** **** ****** ** suffer ** ******** *** ***** ****-****** ******** ****** ***** **** over ********* ************ ***** ******* ***, *** * *** ********** *** *********** of ***** ****** ** ******* *** ***** ******* ********.

*********** *: *** ** *** ***** ***** ****** **** ****** an ******* ****** **** ***** *** ** **** ***** ***** lenses ******* *** ***** **** **** ****** ***********???

* ***** **** **** ** ** * ********. *** ***'* buy ******* **** ********, **** *** **** ****** *** ** is. *** *** **** **** *******, *** ******* *** *********** *** * ********* ******* *** ********* *** *****.

* *** ********** *** *********** ** ***** ****** ** ******* and ***** ******* ********.

#*, ** *** *. ******* / ******** *** ** **** with **** ****-**.

** ** *******, * ****** ** ** ********** ** *** West **** **** *** *** ****** ********. *********, **** ********** spoked ** ******* ** *******'* *****, ********** ****'* ******** ** Arecont. *** ********** **** ** **** ***** ****** ******* ** criticize **** *** **** *******. **** ** * ****** ******* refrain.

** *****, ** * *** ** ******* ******** **** **** problems *** ******* **** *******, ** ***** ** **** ***********.

***'* *** **** ******* **** ***.

* ** ******* *** *********** *** ***** ***** ******* ** new ********. *** ***** ******* *** *** ******** ******** *** everyone **** *** ****. *’** **** ***** ******* *** ** the ***** *** **** **** ****** ****** *** *** ******** to ********’* ********* ******* **** **** **** ******* ********. ******* has ****** **** * ******** ******* ** **** **** *** I’m **** ** ****’* **** *** * ****** *** ** their *******.

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