Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
TYSONS, Va., Nov. 14, 2016 -- Alarm.com (Nasdaq:ALRM), the leading platform for the connected home and business, today announced that Steve Valenzuela has been named Chief Financial Officer (CFO), effective November 15, 2016. He will be responsible for leading the company’s Finance organization including financial planning and analysis, accounting, tax, treasury and investor relations. Mr. Valenzuela will report to Alarm.com’s President and Chief Executive Officer, Steve Trundle.
“I’m very pleased to welcome Steve to the Alarm.com management team,” said Mr. Trundle. “He will bring a wealth of experience in the software industry that includes extensive experience in M&A and international operations, and will add depth to our already strong Finance team.”
Mr. Valenzuela joins Alarm.com from SugarCRM, where he served as CFO since January of 2015, bringing decades of executive experience with technology companies ranging from fast-growing start-ups to publicly-traded, multi-billion dollar enterprises. He has served as CFO of five different software enterprises including Apigee Corporation and served as the Vice President of Finance and Operations for the Mobile Platforms Group at Citrix following its acquisition of Zenprise, where he was CFO. Earlier in his career Mr. Valenzuela held financial management positions with Tandem Computers, Atari and Intel. Mr. Valenzuela holds an MBA from Santa Clara University, and a B.S. degree in Accounting from San Jose State University.
“I’m excited to join the strong management team at Alarm.com,” said Mr. Valenzuela. “They have built a great business that is well positioned to capture emerging opportunities in dynamic markets. I look forward to contributing to Alarm.com’s continued growth and offering my leadership and financial expertise.”
About Alarm.com Holdings, Inc.
Alarm.com is the leading platform solution for the connected home and business. Millions of people depend on Alarm.com's technology to monitor and control their property from anywhere. Centered on security and remote monitoring, our platform addresses a wide range of market needs and enables application-based control for a growing variety of Internet of Things (IoT) devices. Our security, video monitoring, intelligent automation and energy management solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on the Nasdaq under the ticker symbol ALRM. For more information, please visit www.alarm.com.
CONTACT: Investor Relations: Jonathan Schaffer The Blueshirt Group [email protected] Media Relations: Matthew Zartman Alarm.com [email protected]
