SmartRent Names Daryl Stemm as Chief Financial Officer
15 Novembro 2023 - 6:01PM
Business Wire
SmartRent, Inc. (NYSE: SMRT), the leading provider of smart home
and property operations solutions for the rental housing industry,
today announced the appointment of Daryl Stemm as its Chief
Financial Officer.
Mr. Stemm, who has served as the Company’s senior vice president
of finance since 2021, brings four decades of experience in
finance, accounting, treasury and risk management to the role.
Prior to joining SmartRent, he held senior finance positions with
Best Western Hotels and Invitation Homes (NYSE: INVH), and served
as CFO at Home Director, Inc., and Catalyst Semiconductor, Inc. In
his career, he has completed four IPOs and more than 10 mergers and
acquisitions. He holds a Bachelor of Business Economics, Accounting
from University of California, Santa Barbara.
“We are pleased to appoint Daryl as CFO for SmartRent,” said
SmartRent CEO Lucas Haldeman. “He has been an integral part of our
team, helping SmartRent scale and grow to become the leading
provider in our space. We look forward to continuing to benefit
from his leadership and experience as our CFO.”
SmartRent remains confident in its outlook and reiterates its
fourth quarter 2023 guidance of $58M to $63M and Adjusted EBITDA
profitability of $0M to $2M. Hiroshi Okamoto, who formerly served
as the Company’s CFO, is departing to pursue other opportunities.
He will serve in a consultative capacity through the remainder of
2023 to assist with the transition.
About SmartRent
Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading
provider of smart home and smart property solutions for the
multifamily industry. The company’s unmatched platform, comprised
of smart hardware and cloud-based SaaS solutions, gives operators
seamless visibility and control over real estate assets, empowering
them to simplify operations, automate workflows, benefit from
additional revenue opportunities and deliver exceptional site team
and resident experiences. SmartRent serves 15 of the top 20
multifamily owners and operators, and its solutions enable millions
of users to live smarter every day. For more information, please
visit www.smartrent.com.
Forward-Looking Statements
This press release contains forward-looking statements which
address the Company's expected future business and financial
performance, and may contain words such as "goal," "target,"
"future," "estimate," "expect," "anticipate," "intend," "plan,"
"believe," "seek," "project," "may," "should," "will" or similar
expressions. Examples of forward-looking statements include, among
others, statements regarding the Company’s anticipated financial
results. Forward-looking statements are based on current
expectations and assumptions that are subject to risks and
uncertainties that may cause actual results to differ materially.
This press release should be read in conjunction with the
information included in the Company's other press releases, reports
and other filings with the SEC and on the SEC website, www.sec.gov.
Understanding the information contained in these filings is
important in order to fully understand the Company's reported
financial results and our business outlook for future periods.
Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date they
are made. The Company undertakes no obligation to update or revise
publicly any forward-looking statements, whether because of new
information, future events, or otherwise. All forward-looking
statements are qualified in their entirety by this cautionary
statement, which is made under the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995.
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version on businesswire.com: https://www.businesswire.com/news/home/20231115518463/en/
Investor Contact Brian Ruttenbur - Senior Vice President,
Investor Relations investors@smartrent.com
Media Contact Amanda Chavez - Senior Director, Corporate
Communications media@smartrent.com
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