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ADS welcomes 2013 with new CEO, expanded credit and plan for growth

January 2, 2013Tess Nacelewicz

NASHVILLE, Tenn.—ADS Security, based here, is starting 2013 with a new CEO, a plan for a new acquisition and a 60 percent increase in its line of credit.John Cerasuolo, the company's former COO who became CEO in December when Mel Mahler announced he was stepping down from that post and retiring, told Security Systems News that all those developments are not sudden. Instead, Cerasuolo said, they are “part of a transition plan that was put together and we just kind of methodically executed.”The...

ADS Security, Bill Hunt, Elmhurst Corporation, John Cerasuolo, line of credit, Mel Mahler, new CEO