Former Apple SVP Tony Fadell. (credit: BBC News)
After six years of working at the smart home company Nest, Tony Fadell will be stepping down as CEO. The decision was announced via a Nest blog post, which details that Fadell will be transitioning to an advisory role at Alphabet, the parent company of Google. Google bought Nest back in 2014.
The new Nest CEO will be Marwan Fawaz, who previously worked at Motorola Mobility as executive vice president. The blog post sites Fawaz's engineering and connected home background as well as his "experience with global service providers" as main reasons for his leadership role at Nest. It's also stated that Nest has a two-year product roadmap already in place, so there's already a plan and direction for Fawaz to take over as he begins.
Fadell's transition has been in the works since "late last year," and in his new role at Alphabet, he'll have the flexibility to dabble in other fields. Here's Fadell's statement:
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