Vivint Smart Home Announces the Departure of Dale R. Gerard and the Appointment … – Press Release

  • Mr. Gerard will be departing Vivint after a notable 12-year career to pursue an opportunity with a company outside of the smart home industry
  • Mr. Gerard will be succeeded by Mr. Russell, a financial executive with 25 years of experience and former chief financial officer of Vivint Solar (acquired by Sunrun)

Vivint Smart Home, Inc. VVNT, a leading smart home company, today announced that Dale R. Gerard will be stepping down as its chief financial officer (CFO), effective May 31st , to accept a new role with a company outside of the smart home industry. The Company also announced that Dana Russell, Vivint Solar’s chief financial officer from 2013 to 2020, is joining Vivint Smart Home as its CFO and will work alongside Mr. Gerard to ensure a smooth transition.

During his 12 years at Vivint Smart Home, Mr. Gerard has served in various senior finance roles and helped lead the Company through a remarkable period that included taking the Company public in January 2020 through one of the largest de-SPAC mergers up to that point in time. He also helped spearhead the development of Vivint Flex Pay, which pioneered consumer financing for the smart home industry.

“We have been extremely fortunate to have Dale as a finance leader for the last 12 years,” said David Bywater, chief executive officer of Vivint Smart Home. “I want to express my sincere appreciation for his numerous and lasting contributions to our business, including mentoring many of our current finance leaders. He has laid a remarkable foundation through his tireless efforts that will continue to benefit us for years to come.”

Mr. Russell will begin his tenure as chief financial officer of Vivint Smart Home immediately to help facilitate a smooth transition. He has more than 25 years of finance and operational expertise, most of which has been spent with technology and service businesses. He started his career as an auditor at PricewaterhouseCoopers LLP and later joined Novell, a publicly traded…