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Resideo Appoints Kareem Yusuf to Board of Directors

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Resideo Technologies, Inc. (NYSE: REZI) has appointed Kareem Yusuf, Ph.D., to its Board of Directors. Dr. Yusuf, with over 17 years of executive experience at IBM, currently leads AI Applications, managing a multibillion-dollar P&L. His expertise encompasses product management, software development, and technical sales. He aims to support Resideo’s transformation and market expansion efforts. The appointment reflects the company's commitment to innovation and enhancing its technology foundation, as emphasized by Chairman Roger Fradin.

Positive
  • Kareem Yusuf's extensive experience at IBM in AI and technology can drive innovation at Resideo.
  • His leadership could enhance Resideo's market presence and transformation initiatives.
Negative
  • Concerns about continuity and experience gaps with the new board member.

AUSTIN, Texas, March 15, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced the appointment of Kareem Yusuf, Ph.D., as a new member of its Board of Directors. Dr. Yusuf will stand for re-election by shareholders at the 2021 annual meeting.

Dr. Yusuf brings to the Board of Directors more than 17 years of executive leadership experience at IBM leading organizations across a variety of disciplines, including Product Management, Software Development, Mergers & Acquisitions, Technical Sales and Customer Support.

As the current General Manager for AI Applications at IBM, Dr. Yusuf is responsible for a multibillion-dollar P&L focused on providing enterprise applications and industry solutions which harness the power of critical technologies such as AI, IoT, hybrid cloud and blockchain. He has extensive experience in managing and growing market-leading brands and applications, working with thousands of clients from around the globe and regularly consulting with global C-suite and line of business executives to help them amplify and maximize the value of their IBM investments.

"I am excited to join the board of a company whose core business and technologies are essential to so many people around the world," said Dr. Yusuf. "I look forward to working with the team to help Resideo further drive its transformation initiatives and expand its presence across its current markets and in new technologies."

Dr. Yusuf earned his Ph.D. in Civil Engineering from the University of Leeds. He is an accomplished speaker, having presented multiple tech conference keynotes and given a TED Talk.

"Dr. Yusuf is an accomplished global business and technology leader with vast experience across a variety of cutting-edge disciplines," said Roger Fradin, chairman of the board for Resideo. "His experience will greatly enhance Resideo's drive to build upon the company's rich foundation of technology and spur innovation and new product introduction."

About Resideo

Resideo is a leading global manufacturer and distributor of technology-driven products and solutions that provide comfort, security, energy efficiency and control to customers worldwide. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. We continue to serve more than 110,000 professionals through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from nearly 200 stocking locations around the world. For more information about Resideo, please visit www.resideo.com.

Contacts:


Investors:  

Media:

Jason Willey

Oliver Clark

investorrelations@resideo.com

oliver.clark@resideo.com

 

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SOURCE Resideo Technologies, Inc.

FAQ

Who is Kareem Yusuf and what is his role at Resideo?

Kareem Yusuf is a new member of Resideo's Board of Directors, bringing extensive executive experience from IBM.

What impact might Kareem Yusuf's appointment have on Resideo?

His appointment may enhance Resideo's focus on innovation and technology expansion in its markets.

When will Kareem Yusuf stand for re-election?

Kareem Yusuf will stand for re-election at the 2021 annual meeting of shareholders.

Resideo Technologies, Inc.

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