Tag: Rob Aarnes
ADI sees continued weakness in residential AV as housing market drags on demand
September 2, 2026Cory Harris, Editor
MELVILLE, N.Y.—ADI Global Distribution reported record second-quarter revenue of $1.286 billion, but the company said weakness in the residential audiovisual market (AV) remains a significant headwind.
The comments came during ADI's first earnings call as an independent public company following its Aug. 3 separation from Resideo.
"Overall, demand across our commercial markets remained resilient, while residential audiovisual continued to reflect the soft U.S. housing environment,"...
A year later, ADI's vision becomes reality
August 12, 2026Cory Harris, Editor
Some industry stories unfold over days or weeks. The separation of ADI and Resideo has been more than a year in the making.
On Aug. 4, that story came full circle as ADI began trading as an independent public company, bringing to fruition plans its president, Rob Aarnes, outlined to Security Systems News last summer.
The completion of the spin-off closes a chapter that began in July 2025, when Resideo announced plans to separate ADI from...
ADI begins trading as independent public company following Resideo spin-off
August 4, 2026SSN Staff
SCOTTSDALE, Ariz.—ADI Global Distribution on Aug. 4 began trading on the New York Stock Exchange following the completion of its spin-off from Resideo Technologies.
Resideo first announced plans to divest ADI in July 2025. Resideo will continue trading under the ticker symbol REZI, while ADI trades under ADIG.
The transaction was completed through the distribution of all outstanding shares of ADI common stock to Resideo shareholders on...
Resideo signals pricing actions, progresses ADI spinoff
May 27, 2026Theresa Flaherty, Contributing Writer
SCOTTSDALE, Ariz. – Resideo plans to implement targeted price increases across its various channels in Q2 2026 to combat ongoing cost pressures, after largely absorbing them in Q1.
Pricing response to macro pressures
Those cost pressures are driven largely by rising fuel costs and other macroeconomic challenges, say execs.
“Every day, the news changes with what the outcomes...
Resideo finishes 2025 above guidance as video surveillance softens in Q4
March 4, 2026Ken Showers
SCOTTSDALE, Ariz. — Resideo closed out 2025 ahead of guidance, with steady growth in its Products & Solutions (P&S) segment offset slightly by a fourth quarter dip in video surveillance.
ADI Global Distribution President Rob Aarnes told investors that while multiple commercial, security, and professional A/V categories posted year over year gains, those results were “more than offset by a decline in the video surveillance category.”
“We...
ADI celebrates grand opening of new Charlotte Support Center
September 18, 2025SSN Staff
MELVILLE, New York– ADI Global Distribution has announced the grand opening of its new Support Center in Charlotte, located at the Panorama Tower in Ballantyne, N.C.
Spanning 41,000 square feet across two floors, the new facility is home to more than 180 team members representing marketing, accounting, product development, education, training, and other key departments.
The new Charlotte Support Center marks the relocation of the former Snap One headquarters. Following the acquisition...
'The best is yet to come': ADI president charts bold future ahead of Resideo separation
August 20, 2025Cory Harris, Editor
MELVILLE, N.Y.—Rob Aarnes, president of ADI Global Distribution, sees the company’s pending spin-off from Resideo as a “natural next step” in its evolution.
The announcement on July 30 that Resideo intends to separate its ADI Global Distribution business (ADI) sent ripples throughout the security industry.
Resideo President and CEO Jay Geldmacher stated in the announcement that both companies are now set to “unlock their full potential”...
Resideo’s Q2 performance highlights product momentum, strategic realignment
August 6, 2025Ken Showers
SCOTTSDALE, Ariz. — Resideo scored some record highs in the second quarter of 2025, including net revenue of $1,943 million, a 22% increase, driven by strong product demand and positive market forces.
“Gross margin expansion and increased EBITDA generation were underpinned by growing operating income dollars at (ADI Global Distribution) and Products & Solutions, both sequentially and year over year,” said CEO Jay Geldmacher during a recent webcast. “Demand for our...
Resideo to spin off ADI, creating two independent public companies
July 30, 2025SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies has announced its intention to separate its ADI Global Distribution business (ADI) through a tax-free spin-off to Resideo shareholders.
Following the completion of the separation, Resideo's Products & Solutions business (P&S) will continue to operate as Resideo, and ADI will become an independent public company. The separation is expected to be completed in the second half of 2026, subject to satisfaction of customary conditions, and does not...
SIA announces program for 2024 Securing New Ground conference
September 5, 2024SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has announced the schedule, speaker lineup and program for the 2024 Securing New Ground (SNG), the security industry’s executive conference, taking place Oct. 8-9 at the Westin New York Grand Central in New York City.
At SNG 2024, the security industry will gather for top-level information sharing, networking and business analysis.
This year’s Securing New Ground conference will shape industry trends...