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Tony Fadell is out as CEO of Nest, the smart-home company Google boughtfor $3.2 billion in 2014, after facing stinging criticism about his management style and the company’s track record in recent years.
Fadell said in a blog post that his plan to leave had been in the works since late last year, and that he would stay on as an adviser to Larry Page, the CEO of Alphabet, which is the parent company of Nest and Google. A Nest representative said that Fadell’s decision to step down as CEO was his own choice.
Marwan Fawaz, a former Motorola executive who oversaw the company’s home division, will join Nest as the new CEO.
The news comes after a particularly turbulent year for Nest. There have been several product issues, including outages with its smart cameras and instances where its smart thermostats randomly turned off, as well as complaints about Fadell’s management, including unrealistic deadlines and product delays, and a hierarchical management structure. Those were highlighted by Business Insider and then in a blistering exposé by The Information. The CEO of Dropcam, a company Nest acquired, wrote a blog post calling his decision to sell to Nest a mistake.
The company was also running behind its revenue goals, according to Recode.
“I will miss this company and my Nest family (although I’ll be around to provide advice and guidance and help the team with the transition), but I am excited about what’s coming next, both for Nest and for me,” Fadell writes.
He recently revealed that he’s working on an electric go-kart company and writes that leaving Nest gives him “the time and flexibility to pursue new opportunities.”