Avigilon CEO Prepares To Step Down

By: Brian Karas, Published on Oct 25, 2017

"Move up, or move out" has been a guiding principle of Avigilon's CEO.

Now, he is taking his own advice.

Alexander Fernandes, Avigilon's "Founder, President, Chief Executive Officer and Chairman of the Board" has already shed the President title, and soon will lose the CEO designation as well. Taking over is Avigilon's COO, James Henderson.

In an Executive Succession Plan announcement, Avigilon outlined the plan for Fernandes to step away from day to day control of the company.

We analyze what this means for the future of Avigilon.

"**** **, ** **** out" *** **** * guiding ********* ** ********'* CEO.

***, ** ** ****** his *** ******.

********* *********, ********'* "*******, President, ***** ********* ******* and ******** ** *** Board" *** ******* **** the ********* *****, *** soon **** **** *** CEO *********** ** ****. Taking **** ** ********'* COO,***** *********.

** *********** ********** **** ************, ******** ******** *** plan *** ********* ** step **** **** *** to *** ******* ** the *******.

** ******* **** **** means *** *** ****** of ********.

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

Succession ****

********* *** ******** ** President, **** *** ***** "President *** ***** ********* Officer" ********* ** ** the ************ ** ******* 24th. ** **** *** role ** **** ***** working ********* *********, **** the **** *** ********* to **** **** ** CEO **** **** ** 2018. ********* **** ******** his ******** ** *** Board *****.

Fernandes ********** ******* **********

*** ********** ***** *** approach ** ********* ********* has **** ** ******* debate, **** ****** ******** against ***.

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

********* ******* ** ************ **** *** *** approval:

**** ******* ********* ** the********** ******** ********** ********* ********** ********* *********** with ********'* ***:

***** ********* *** ******** who **** ****** **** IPVM ********* **** *********' demeanor *** ******* ***** negatively ******** ***** ***** of *** *******.

Henderson ***** ****** ****

*********'* ************ ** *** CEO ********* ***** ******* 2.5 ***** ***** *** first ********* ********* ** Vice ********* ** ***** American *****, *** **** 6 ****** ***** ****** out ** *****-******** ***** to * *********-**** *** role. **** ** * very ***** ***********, ************ uncommon *** *** **** to *** ** * publicly ****** *******.

Opportunity *** *********

*******, ******** ** ** a **** ********, ******* Henderson **** * ********** stable ******* ** **** over. **** **** **** releasing *** ********, **** a **** ***** ********** following, *** ****** ******** reports **** *********** *** *************. **** ** ***** removes *** **** *** Henderson ** **** ****** drastic *******, ** **** the ******* ** * different ********* ***** ****** over ** ***, ****** him ** *********** ** lead * ****** ****** organization.

Henderson **********

**** ** *********'* ***** role ** ***, ********* that ***** ********* ** challenging *** *** **********. Avigilon, ***** ******** ******, makes *** **** **** more ***********, *** ** top ** **** ***** performance *** **** ******* since ******* **** *** all **** **** ** early ****. **** *********** would ** ******** *** even ****-******** ***'*, ********* will **** ** **** up ** ***** ** CEO ****** ********** *******, and **** ********* **** needs ** ** **** to *** *** ******* on * ****** ****** track.

********* ** ***** ** be ****** ******** **** many *********** ****** *** company, ********* **** **** to ****** ** ** wants ** ******** **** same ***** ** ***********, or ** ********** ***** can ** **** **********.

************, **** ********* *********** his ******** ** ******** of *** *****, ** will ***** **** ******** control ** *** *******, which ***** ********* **** of *********'* ******* ** lead *** ******* ** new **********.

Positive ******** ********

********* ****** *** ******* that **** ***** **** were ********* ******** ***** the ******** ****** ** leadership ** ********.

Stock **** ** ************

****** ******** ** *** announcement ******** ** * steady **** ** ********'* stock ***** ********** *** first ******* ** *** trading *** ****** ** recovered ********, *** ***** closed **** ~*% **** its ******* ***** ** $19.25:

Buyout/Sale ********

************** ****** ** ******* itself ******* **** ****, **** *** *** come ** ******** *** we ** *** ***** a **** ** *** company ** ****** ** the **** ******. ** major ************, ** ***** Fernandes ** ***, ******** to **** *** *******, an ********** ****** ** the *** ***** **** little *****. ** ** quite ******** **** ********* had ***** ** **** the ******* ** ** could **** ** ** other *********, *** ******* a ******** ***** ******* to **** ****, ****** than ******** *** ** indefinite ****.

Avigilon *******

** ***** *** ********** any ***** ****** **** Avigilon ****** *** **** period ***** ********* ** in *** ******* ** moving *** *** ********* is ** *** ******* of ****** **. *** approach ** ****** ** be * ************ ** Avigilon's ****** ******** ********, with **** ******* ************* and ***** ***** ** progress, *** ** ***** acquisitions ** ******* ** the ******** *****.

**** ***** ********* ***** over ** ***, ******** changes *** ******** *** some ****. **** ******* to ******** ******* ** their ******* ****** *** the *********** ******, ******* focused ** *******, *** maintaining *** **** ************ approach **** ********* *** generally ***** ** *** roles **** *** *******.

Comments (5)

Thumbnail rob baxter portrait may 2013

Robert Baxter

10/26/17 04:01pm

"** ***** ************, ** ***** ********* ** ***, ******** ** sell *** *******, ** ********** ****** ** *** *** ***** make ****** *****"

********, ** *** ** ***** *** ********** ***** ******* ***** for *** ***** *********** ** ** ***** ** *******.

Undisclosed Integrator #2

In reply to Robert Baxter | 11/06/17 11:22pm

****, * ******* ******* **** ** ***...

Undisclosed #1

10/26/17 01:36pm

** ***** ** **** *.*. ***** ** ** **** *** free **** **** ****** *** ************?

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

John Honovich

IPVM | In reply to Undisclosed #1 | 10/26/17 08:47pm

********** ***** **** **** **** ******* :)

** *** ***********, ** *** ** **** ** **** * new ******* ** *** **** ** ******. ** ***** **** is *** **** ** ***** - ******* *******, ***********, ***. Managing * ****** ********, *** ** ****.

Undisclosed #1

In reply to John Honovich | 10/26/17 09:45pm

** *** ***********, ** *** ** **** ** **** * new ******* ** *** **** ** ******.

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

“*** ***** * ***** *** ** **********, ** **** *** you *** *** **** *****?”

**** **** ****** **, ‘***** **’* *****’ ***.

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