PROVO, Utah — Vivint Smart Home announces that Mark Davies, chief financial officer, will be stepping down from his role to pursue a CFO opportunity outside of the smart home industry.
Davies joined Vivint as CFO in 2013 after previously spending time with Alcoa, a producer of primary and fabricated aluminum, and Dell.
“Mark has created a talented and experienced finance team with a solid track record of growth and financial discipline,” says Todd Pedersen, CEO of Vivint Smart Home and a member of the SSI Industry Hall of Fame. “We thank him for his six years with the company and wish him the best in his next role.”
Dale Gerard, currently senior vice president of finance and treasurer, will serve as interim CFO while the company conducts a comprehensive search, according to the company.
Vivint says it plans to retain a national search firm to assist with considering both internal and external candidates.
“Dale has my full trust and confidence as he steps into this new role,” says Pedersen. “Dale has been spearheading our financial planning and investor engagement for the past nine years, and there is no one better equipped to ensure a smooth transition as we conduct our search for a permanent successor.”
Since 2010, Gerard has led finance, investor relations and treasury at Vivint Smart Home. Prior to Vivint, he worked as the assistant treasurer and director of finance at American Commercial Lines and was senior treasury and financial analyst at Wabash National Corp.
Gerard earned his bachelor’s degree in Accounting and his MBA from Purdue University. He is also a Certified Treasury Professional.
Vivint recently merged with Mosaic Acquisition Corp. with plans to go public.
