HID Troubles Behind CEO Ouster

Author: Brian Rhodes, Published on May 28, 2015

Access control is typically 'boring'.

But the biggest manufacturer in the industry shocked many with the out-of-the-blue departure of HID's CEO.

IPVM sources tell us that while the timing was sudden, the exit marks an ouster, likely based on weak financial performance, struggling growth initiatives, and problems with relocation and reorganization.

In this note, we break down each of these concerns.

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Struggling '*** ******' ***********

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Relocating / ************** ******

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Comments (2)

Undisclosed Integrator #1

06/04/15 12:00am

*** *** ***** **** ******* ****** **** ****. ****** **** getting ****** **, **** ** ***** **** ** *** ** get ***** ****** ***** ****. *** ************ ***** ******* *** moved ** * ********* ********* *** ** ***** ** ******* from ****** ** *** ******. ******* ** **** *** ***** manager **** ** *'* ****** *** ****** *** ******** **** but **** **** *** ***** ** *** *** **** ***. This ** * ****** ********** ***** **** *** ********** *** industry ******** *** *'* *** **** **** **** ** ***** competitor ** *** ****** ******* *****.

Undisclosed #2

06/22/15 04:12am

******: ****** ****** ** ** ***** ** ********* ** ***** Hebert.

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