Matt Kushner

STANLEY Security, an integrator of comprehensive security solutions, appointed Chadi Chahine as Chief Financial Officer. Chadi will be responsible for helping accelerate short- and long-term business objectives while also ensuring strategic financial decisions and initiatives operate with excellence. “Chadi will be a pivotal member of the STANLEY Security team, leading the overall financial strategy and planning while also laying the groundwork for future corporate initiatives,” said Robert Raff, President of STANLEY Security. “His extensive financial and business experience in various markets will help shape our ongoing strategic direction and growth as the security industry continues to evolve.” Meeting future market demands Chahine brings to STANLEY Security over 22 years of experience as a highly accomplished global market financial executive, driving profitable, sustainable and compliant growth. He previously held roles with a variety of companies including Abbott and Smith&Nephew. Most recently, Chahine was CFO at Circor International, where he focused on all aspects of the finance function, including FP&A, controlling, internal audit, tax/treasury, cash management office and investor relations, and was responsible for $1.2 billion in revenue. STANLEY Security has already established itself as a major player in the security industry" “STANLEY Security has already established itself as a major player in the security industry, but is continually evolving to meet future market demand,” said Chahine. “Taking on this new role provides me with the opportunity to join an innovative organization that’s transforming its business to benefit customers, partners and employees, and I’m looking forward to leading the organization’s financial strategy throughout the process.” Executive leadership team This news comes on the heels of STANLEY Security’s recent announcement welcoming Kara Pelecky as the Chief Information Officer. STANLEY Security’s executive leadership team now includes: Chief Financial Officer Chadi Chahine Chief Information Officer Kara Pelecky Chief Transformation Officer Abigail Gutstein Chief Marketing Officer Tracie Gildea President of STANLEY Electronic Security Matt Kushner President of STANLEY Healthcare and STANLEY Access Technologies Troy Dayon Assistant General Counsel Meggan Ehret Vice President of Global Supply Management Dana Drake-Cox Vice President of Human Resources Deborah Wintner

As security embraces IT-centric solutions, it can provide business value over and above security. Now in charge of managing a variety of data – e.g., from video platforms – a company’s security function has access to a range of new metrics. While security may use video to analyze a security event, machine learning can analyze the same data for other business capabilities, such as quality control or when a policy has been breached. “It’s the same camera, but with dual purpose,” says Matt Kushner, President of STANLEY Security. STANLEY Security, one of the largest integrators with a global footprint, has positioned itself at the center of the industry’s transformation by information technology (IT) and the Internet of Things. “Security will become an expanded business partner with corporations,” Kushner comments. In response to the trend, STANLEY is hiring more IT-oriented technicians and salespeople within the IT community and who can “speak at the C-level,” Kushner comments. Sonitrol is the most recognised brand by law enforcement for verified response Data centers, higher education and logistics STANLEY manages very large, multi-national clients. As a consequence, the STANLEY security organization has some of the best and brightest minds for enterprise-class security. To maintain that level of talent, STANLEY is committed to education. “We bring them into the family and focus on education, such as IT and IoT training. That’s critical in a world where unemployment is less than 3%. Finding good people, growing good people, and retaining good people – we do that exceptionally well at STANLEY,” says Kushner. STANLEY’s strong vertical markets including data centers, higher education, and logistics. They are also strong in multi-location installations (such as banking.) STANLEY has a big footprint throughout North America and Europe.  PACOM access control and 3xLOGIC cloud-based solutions In addition to STANLEY’s core integrator business, the company also manages several manufacturing brands such as PACOM access control and 3xLOGIC cloud-based solutions. Mergers and acquisitions have been commonplace in the integrator spaceBeyond its company-owned integrator locations under the STANLEY brand, the company also owns Sonitrol, the strongest brand in the market for verified response with 65 franchises in North America. Sonitrol is the most recognized brand by law enforcement for verified response. Mergers and acquisitions have been commonplace in the integrator space, and Kushner says that STANLEY is “open and actively looking for properties that fit our commercial growth strategy.” He notes that STANLEY focuses on the commercial side of the market, where there are good margins and continuing growth. They pay less attention to the residential side which is “being heavily disrupted.” Strong partnerships with manufacturers STANLEY has strong partnerships with several manufacturer partners, through which they bring new breakout technologies to market from emerging companies. An example is Evolv Technology, a manufacturer of gun and bomb detection technology. “We see them as a leading provider of the technology, and they are, in my mind, a very disruptive provider,” says Kushner. STANLEY is also collaborating with a company – to be announced – that provides a unique gunshot detection technology, he says. STANLEY is also cooperating with dormakaba to implement Switch Tech, a Bluetooth wireless core that can replace any standard mechanical lock core. Existing locks can be transformed into electromechanical locks in minutes. STANLEY is also developing a tight integration with Lenel’s mobile credentialing system. STANLEY is also cooperating with dormakaba to implement Switch Tech GSX 2019 and ISC West 2020 At the recent GSX 2019 show in Chicago, Kushner says STANLEY heard a lot about cybersecurity, especially customers wanting to make sure they are investing in cyber-hygiene and who are looking to expand into providing cyber protection. “In concert with cyber-hygiene, they are looking for health monitoring or assurance that network devices are operating properly,” he says. “They want to ensure their security platforms are cyber-secure and up to date with the latest software versions.” STANLEY is also a big proponent of cloud offerings, and Kushner hints at a big announcement at the upcoming ISC West show in Las Vegas of additional cloud offerings and/or partnerships. “There will be a variety of new solutions to be introduced, including hosted solutions and applications that benefit both security and that add new value to businesses overall.”