Vivint Promotes Alex Dunn To President

• Dunn Previously Served As Chief Operating Officer
• Dunn Played a Major Role in the Company’s 2011 Rebrand and Recent Acquisition by Blackstone

PROVO, Utah--(BUSINESS WIRE)--Vivint™, the largest home automation services company in North America, today announced the promotion of Alex Dunn to the office of president. In this new role, Dunn will oversee the strategic direction of the company and will manage Vivint’s rapid revenue growth and future expansion plans. He will also direct ongoing initiatives, innovations, and performance benchmarks to help Vivint achieve its short and long-term goals.

“In the seven years Alex has been with the company, we have seen tremendous growth and expansion due in large part to his leadership and vision”

“In the seven years Alex has been with the company, we have seen tremendous growth and expansion due in large part to his leadership and vision,” said Todd Pedersen, CEO and founder of Vivint. “Alex was a critical component of and often led the charge for our decisions to service the accounts we sold, establish our private-equity and financing structure, rebrand the company and expand into home automation and solar. He’s a tremendous asset who has helped lead Vivint to where it is today, and who will continue to lead the company’s next stage of innovation.”

Dunn was previously chief operating officer at Vivint where he oversaw the company’s daily operations, financial activities, and business processes. In that position, Dunn integrated newly acquired entities and capabilities into one organization, lowered costs through optimization of people, processes and technologies, and squarely met and overcame operational challenges.

Prior to the Blackstone acquisition, Dunn was instrumental in securing equity partners, including Goldman Sachs, Peterson Partners and Jupiter Partners, and a $690 million credit facility. This funding allowed Vivint to pursue new market opportunities and fuel growth.

“Vivint’s entrance to the home automation and solar markets has been a remarkable journey,” Dunn said. “To play a role in this growth process has been one of the most rewarding challenges of my career. As president, I look forward to enhancing our already robust product platform as we roll out innovative new services in the future.”

Vivint’s chief operating officer, chief financial officer and chief strategy and innovation officer will now report directly to Dunn. The company will immediately begin the search for a new chief operating officer.

Prior to joining Vivint, Dunn was deputy chief of staff/COO to Governor Mitt Romney in Massachusetts. Prior to serving with Governor Romney he co-founded LavaStorm and m-Qube, both venture backed high tech firms. Dunn holds a Bachelor of Science degree from Brigham Young University.

About Vivint

Vivint is a leading provider of home technology services. Vivint services are delivered through a technology-based platform that integrates a wide range of wireless features and components to provide simple, affordable home security, energy management, home automation, and solar solutions. Our vision is to connect customers to the things that matter most—their homes, families, health, cars, and businesses. In 2011, Vivint's Home Automation package and Advanced Security package received a Consumers Digest "Best Buy" rating. Vivint also received the 2012 CSAA Central Station of the Year award for overall excellence in monitoring, training, and quality relationships with customers. Dedicated to protecting families, increasing energy efficiency, and simplifying lives, Vivint has over 13 years of experience and supports more than 700,000 customers throughout the United States and Canada. For more information, visit the company’s website at www.vivint.com.