Avigilon EVP Engineering Quits

By: John Honovich, Published on May 12, 2015

One of the big criticisms last year was multiple executives leaving Avigilon.

Now, Avigilon's EVP of Engineering quits out of nowhere.

In this note, we look at how this impacts Avigilon, their engineering organization and their overall management.

*** ** *** *** criticisms **** **** *** multiple********** ******* ********.

***, ********'* *** ** Engineering ***** *** ** nowhere.

** **** ****, ** look ** *** **** impacts ********, ***** *********** organization *** ***** ******* management.

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

***** *** *** **** Avigilon ~*.* *****, ***** as ** ** ***********, and********** *** ** *********** last ****.

*****, *** **** ** '****** ******** *********' **** ** *********** named ** **********. ********'* CTO ****** *********** [**** no ****** *********] ******* and **** **** *** of *********** (*********** *** previously ********* *** *** of ******* *** ******** acquired).

**** ****** ********'* *********** leadership ****. ***** ******** has ** ***** [**** no ****** *********] ********** [link ** ****** *********], now **** * ** from *********** / **********. Avigilon *** * ********* access ******* *********** ****** but ** ******************* **** **** ****.

********'* *********** ************ ** getting ****** ** **** now ******* *******, *********, video *********, ****** *******, etc. ***** ** ***** most ****** **********, ******** is ** **** ** spend $** ******* ******** on *&*. ***** **** do *** ***** *** employees ** ********, ***** that ***** ** ***** expect ***+ ********* *** of ********'* *** *********.

******** ** **** ***********, Avigilon *** **** ********* products ** * ********** faster ****, **** ********-****** *******,******* ** * ** camera*** *********** ********* **** the *** ****** **** spring.

*** ****** ********** *** Avigilon ****** *** *********, most ************ *************** ****** ****, ********* ***-**** *********** and *** ******* ********* of ******* ** ****** revenue / ****** ********** ******.

** *** **** ****, Avigilon *** ***** ** this ***** *** ***** major ********* ********* ** a ****. **** *** increased ***** ******* *** declining ******, ******, **** will **** ** ******** further ********** *** ********** ******** ** ******** lower ***** ******************* ** *********.

Comments (3)

The release includes a statement by Danny himself, where he thanks the defacto duumvirate, and is likely included to indicate a parting on good terms and a smooth transition ahead.

I am very appreciative of the Executive team, in particular, Alexander Fernandes and Bryan Schmode (Avigilon's Chief Operating Officer and Executive Vice President), for the opportunity they've provided me to work with our product development teams.

It's certainly on better terms than the CFO resignation, that's for sure.

If it was a really smooth transition with no issues, it would seem more likely that he would have stayed on for a transition period as they hired a replacement.

Oh, I wouldn't worry about Avigilon. I'm sure Brian Shmode (who will forever remind me of Jonah Hill's portrayal of Donny Azoff in The Wolf of Wall Street) and Alex Fernandez (I'll choke back the expletives that come to mind), will umm and uh their way through this one too. Then they'll ride off into the sunset in their Mazeratis, with their refrigerator white, toothy smiles shining in the sun.
Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

ADT Stock Drops After Announcing Loss And Amazon Delay on Mar 12, 2019
ADT's stock price dropped significantly after reporting heavy losses and delays in its Amazon partnership, as seen in the screenshot below: In...
Verkada Gets Half Billion Dollar Valuation on Apr 26, 2019
Last week, when we profiled Verkada (The Fastest Growing Video Surveillance Sales Organization Ever - Verkada), we predicted they would raise $40...
Avigilon President Henderson Is Out on Jul 09, 2019
Avigilon's President and COO James Henderson is out, abruptly, after a remarkable ascension over the past 8 years, Motorola VP Jack Molloy has...
Schmode is Back, Aims To Turn Boulder AI Into Giant on Sep 16, 2019
One of the most influential and controversial executives in the past decade is back. Bryan Schmode ascended and drove the hypergrowth of Avigilon...
Resideo Stock Plunges 37%, CFO Ousted on Oct 23, 2019
The horrible year for the ADI / Honeywell Home spinout, Resideo, just got worse, with their stock plunging another 37% today. Not even a year...
Struggling Arcules Changes Chief Revenue Officer on Oct 29, 2019
Canon / Milestone spinout Arcules has struggled, now changing their Chief Revenue Officer, just a year after he came on board. The issue is not...
"Stress in the Residential Market" - Major Lender Exits on Nov 06, 2019
The residential security / 'alarm' market is getting worse, at least for traditional players. Now, one of the biggest lenders in the industry has...
ADT Stock Surges - "Leading The Commercial Space" on Nov 15, 2019
Don't call it comeback... but maybe call it a commercial provider. ADT, whose stock dropped by as much as 2/3rds since IPOing in 2018, has now...
Resideo CEO To Step Down on Dec 03, 2019
Resideo's CEO, Mike Nefkins, is stepping down, just 18 months after being brought in to lead the now plagued spin-out. Inside this note, we...
"Good Market, Bad Business Models" - Residential Security on Dec 11, 2019
Industry banker John Mack, at his company's annual event, took aim squarely at the problems in the residential security...

Most Recent Industry Reports

Hanwha Wisenet X Plus PTRZ Tested on Feb 14, 2020
Hanwha has released their PTRZ camera, the Wisenet X Plus XNV-6081Z, claiming the "modular design allows for easy installation". We bought and...
PRC Warns Against China Video Surveillance Hacks, Hikvision Targeted on Feb 14, 2020
Hackers are targeting China video surveillance manufacturers and systems, according to the PRC's main cyber threat monitoring body. The hackers...
IPVM Conference 2020 on Feb 13, 2020
IPVM is excited to announce our 2020 conference. This is the first and only industry event that will be 100% sponsor-free. Like IPVM online, the...
Bosch Dropping Dahua on Feb 13, 2020
Bosch has confirmed to IPVM that it is in the process of dropping Dahua, over the next year, as both IP camera contract manufacturer and recorder...
BluB0X Alleges Lenel, S2, Software House Are Dinosaurs on Feb 13, 2020
BluB0X is running an ad campaign labeling Lenel, S2, Software House, Honeywell, AMAG and more as dinosaurs: In a follow-up email to IPVM,...
London Live Police Face Recognition Visited on Feb 13, 2020
London police have officially begun using live facial recognition in select areas of the UK capital, sparking significant controversy. IPVM...
Converged vs Dedicated Networks For Surveillance Tutorial on Feb 12, 2020
Use the existing network or deploy a new one? This is a critical choice in designing video surveillance systems. Though 'convergence' was a big...
Monitoreal "Completely Autonomous" Home AI Tested on Feb 12, 2020
Monitoreal claims to allow users to "see the things you want (people, vehicles, animals) and ignore the things you don’t”, using AI to distinguish...
Cisco Video Surveillance Is Dead, Long Live Cisco Meraki Video Surveillance on Feb 11, 2020
A dozen years ago much of the industry thought that Cisco was destined to dominate video surveillance. They stumbled repeatedly, failing. Now it is...
BICSI For IP Video Surveillance Guide on Feb 11, 2020
Spend enough time around networks and eventually someone will mention BICSI, the oft-referenced but only vaguely known standards body prevalent in...