--- title: "Resideo Advances ADI Spin-Off With Leadership Plans Filed" type: "News" locale: "en" url: "https://longbridge.com/en/news/285929823.md" description: "Resideo Technologies announced leadership changes in preparation for the spin-off of its ADI Global Distribution business. Key executives will transition to ADI's board, and CEO Jay Geldmacher will retire post-separation. The spin-off is expected to complete between mid-Q3 and mid-Q4 2026, pending approvals. Resideo aims to create two focused companies and engage investors for financing. Analysts rate REZI stock as a Buy with a $48 target, though concerns about financial quality persist. Resideo, based in Scottsdale, AZ, specializes in technology-driven products for residential and commercial markets." datetime: "2026-05-11T11:04:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285929823.md) - [en](https://longbridge.com/en/news/285929823.md) - [zh-HK](https://longbridge.com/zh-HK/news/285929823.md) --- # Resideo Advances ADI Spin-Off With Leadership Plans Filed ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An announcement from Resideo Technologies ( (REZI) ) is now available. On May 6, 2026, Resideo announced a series of board and management changes tied to its planned separation of the ADI Global Distribution business, with directors Nathan Sleeper and Cynthia Hostetler set to resign from Resideo’s board and join ADI’s board once the spin-off closes. The company also outlined that CEO Jay Geldmacher will retire after a new chief executive is appointed at separation, while ADI executives Robert Aarnes, Michael Carlet and Jeannine Lane will leave their Resideo officer roles and transition to leadership positions at the standalone ADI. To backfill its governance bench, Resideo’s board approved the conditional appointments of CD&R partner Andrew Campelli and executive Thomas Surran as directors, effective upon completion of the separation. On the same date, Surran, currently president of the Products and Solutions segment, was designated to become Resideo’s next president and chief executive officer after the spin-off, signaling continuity and a product-focused strategy for the remaining business. On May 11, 2026, Resideo said ADI had publicly filed a Form 10 registration statement for the spin-off and confirmed that the transaction remains on track for completion between mid-third quarter and mid-fourth quarter 2026, subject to financing, tax and regulatory approvals. The company also detailed the future leadership teams and boards for both Resideo and ADI, underscoring its intention to create two industry-focused companies and to engage lenders and investors through mid-July investor days and lender meetings tied to the separation’s financing needs. The most recent analyst rating on (REZI) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Resideo Technologies stock, see the REZI Stock Forecast page. **Spark’s Take on REZI Stock** According to Spark, TipRanks’ AI Analyst, REZI is a Neutral. The score is held back primarily by weakened financial quality in the latest year (losses, higher leverage, and sharply negative cash flow). Technical trends are supportive and the latest earnings call provided constructive 2026 guidance and operational momentum, but valuation is less supportive due to the negative P/E and lack of dividend yield. To see Spark’s full report on REZI stock, click here. **More about Resideo Technologies** Resideo Technologies, Inc., based in Scottsdale, Ariz., is a global manufacturer, developer and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets. The company also operates the ADI Global Distribution business, a specialty distributor of professionally installed low-voltage products serving commercial and residential markets through an omnichannel platform. ADI offers more than 500,000 products from over 1,000 suppliers, supported by category management, strong supplier relationships and technical sales capabilities. On a fiscal 2025 carve-out basis, ADI generated about $4.8 billion in revenue, posting a net loss but solid adjusted EBITDA and margins that underpin its planned spin-off as a separate, publicly traded entity. **Average Trading Volume:** 1,201,370 **Technical Sentiment Signal:** Buy **Current Market Cap:** $6.02B For an in-depth examination of REZI stock, go to TipRanks’ Overview page. ### Related Stocks - [REZI.US](https://longbridge.com/en/quote/REZI.US.md) ## Related News & Research - [Assessing Resideo Technologies (REZI) Valuation After Strong Returns And The Planned ADI Separation](https://longbridge.com/en/news/285671973.md) - [Resideo Announces Filing of Form 10 Registration Statement for Planned Spin-Off of ADI Global Distribution | ADIG Stock News](https://longbridge.com/en/news/285921046.md) - [Analog Devices (NASDAQ:ADI) Updates Q3 2026 Earnings Guidance](https://longbridge.com/en/news/287055501.md) - [Analog Devices Sees Strong Growth In Q3; Declares Dividend 11% - Update](https://longbridge.com/en/news/287055082.md) - [Analog Devices Reports Record Fiscal Second Quarter 2026 Financial Results | ADI Stock News](https://longbridge.com/en/news/287056268.md)