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Adt ( (ADT) ) has provided an announcement.
Stephanie Drescher is retiring from ADT Inc.’s Board as the company shifts to meet NYSE rules requiring a majority of independent directors. This follows a decrease in ownership by Apollo Global Management. Meanwhile, Wayne D. Thorsen, the Executive VP and Chief Business Officer, is resigning to pursue a COO role at another public company. These leadership changes may influence ADT’s strategic direction and governance.
For a thorough assessment of ADT stock, go to TipRanks’ Stock Analysis page.