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Tony Fadell exits Nest, Marwan Fawaz to step in as CEO

TechCrunch TechCrunch 3/06/2016 Brian Heater

Can’t say we saw this coming. In a surprise post today on the official Nest blog, co-founder Tony Fadell announced that he will be exiting his role as CEO of Nest, in favor of an advisory role at the company’s parent, Alphabet. According to Faddell, “This will give me the time and flexibility to pursue new opportunities to create and disrupt other industries – and to support others who want to do the same – just as we’ve done at Nest.”

Industry vet Marwan Fawaz will be stepping into Faddell’s role as head of the smart home device maker. Faddell again, “Marwan’s extensive technology and engineering knowledge, his experience with global service providers, as well as his background in connected home platforms will be valuable in continuing our trajectory, especially in scaling the business, working with our partners, and supporting our enterprise channels.”

Fawaz has extensive experience in executive positions, having worked at Charter, ADT and Motorola Home. He served as CEO of the latter, back when the company was still a part of the Google family, a position that no doubt helped qualify him for his new gig.

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