Nest co-founder and CEO Tony Fadell departs
Tony Fadell, the co-founder and CEO of Nest, has announced he will be leaving the connected devices company. He will remain as an advisor to its parent company Alphabet.
In a blog post on the Nest site, Fadell stated that this move was in the works since late 2015 He added:
Marwan Fawaz will take over as the new CEO of Nest, Fadell stated:
Fadell and Matt Rogers, who previously worked at Apple as two of the principle designers of the original iPod, founded Nest in 2011. It's main product was the Nest smart thermostat, which learns how to cool or heat a home more efficiently. Google acquired Nest in 2014 for $3.2 billion. However, in recent months there have been rumors that the company has not been meeting Google's expectations in terms of sales.
Get more iMore in your inbox!
Our news, reviews, opinions, and easy to follow guides can turn any iPhone owner into an Apple aficionado
I have been writing professionally about technology and gaming news for 14 years.