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Jim Devries

Chairman, President and Chief Executive Officer, Adt

Search every verified Jim Devries interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jim DeVries, President and CEO of ADT, discussed the company’s strategic shift toward residential security following the sale of its commercial business. In September 2023, he stated that the sale provided a favorable multiple and that proceeds were used to pay down debt, reducing the company’s leverage ratio from 3.7 to 3.3, with a path to 3.0. He described ADT’s focus on residential customers, noting two primary segments: those seeking security and those using smart home features for convenience. DeVries also highlighted the partnership with Google, in which Google owns about 6% of ADT, and said the companies market together as “ADT Plus Google,” with Google products integrated into ADT’s offerings. In earlier appearances, DeVries addressed the company’s performance during the COVID-19 pandemic and its growth catalysts. In December 2020, he cited deurbanization, new home builds, and smart home adoption as key demand drivers, and noted that ADT’s average installation included 14 devices. He also mentioned a partnership with homebuilder DR Horton and said the company was providing security services for warehouses under Operation Warp Speed. DeVries described ADT’s brand awareness as high, comparing it to Kleenex in its category, and said the company aimed to grow through disciplined execution, with the stock expected to respond to performance over time.

Recent appearances

  • Aug. 13, 2024 ADT celebrates 150 years of service! (NYSE: ADT)

    The New York Stock Exchange welcomes ADT (NYSE: ADT) to the podium. To honor the occasion, Jim DeVries, Chairman, President & CEO, will ring The Opening Bell®.

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  • ADT CEO on selling the commercial business, residential security customers, and Google partnership

    ADT President and CEO Jim DeVries spoke with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference about the outlook for the company's growth, selling off the commercial part of the business and paying down debt, the Google partnership, the company's focus on residential, and the future of technology. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you ma…

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  • Episode 332: ADT CEO Jim DeVries on the Promise to Protect People, Property and the Evolution of...

    For a century and half, ADT (NYSE:ADT) has continued to evolve to best fulfill its mission to, “help our customers protect and connect to what matters most—their families, homes, and businesses.” Jim DeVries, President and CEO of ADT, returns to the New York Stock Exchange for the first time since the company’s 2018 IPO to alert listeners on the longevity and future of those blue octagon signs and how ADT is combining technology with its infrastructure to meet customer needs. He explains why the company’s future is sunny, robotic, and full of partnerships with companies like Google and State F…

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  • ADT CEO discusses company momentum and demand amid the coronavirus pandemic and ADT plus Google

    Yahoo Finance’s Myles Udland, Julie Hyman, and Brian Sozzi speak with ADT CEO Jim DeVries about how the company is faring amid COVID-19. #ADTearnings #ADT #YahooFinance For 2020 election results please visit: Election results: https://www.yahoo.com/elections Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. About Yahoo Finance Premium: With a subscription to Yahoo Finan…

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  • ADT CEO on Google-ADT partnership and surge in new homebuyers buying security systems

    Eighty-five percent of new home sales happen outside of U.S. cities. A big winner of this move is ADT. Jim DeVries, ADT CEO, joins 'Power Lunch' to discuss the new customers, Google-ADT partnership and the future of home security. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live pr…

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →