Todd Pedersen is the CEO and founder of Vivint Inc. He founded the company because he saw an opportunity to sell high-quality products using a personal approach.
Todd founded APX Alarm in 1999 which became one of the largest residential security companies in North America. The company rebranded to Vivint in 2010 and launched an innovation center to create smart home products. Under Todd's leadership, Vivint has evolved from a dynamic startup into a smart home technology company with 9,000 employees and more than a million customers.
Vivint has grown exponentially and in 2012 was acquired by the Blackstone Group for more than $2 billion. In 2013, Vivint was named to the Forbes’ list of America’s Most Promising Companies. In 2015, Vivint was one of 500 companies on the Forbes' list of America's Best Employers.
Todd continued his tradition of shaking up stale markets with the launch of Vivint Solar, which had a $1.1 billion IPO in 2014 and became the second largest residential solar power provider in the United States. The company was acquired by Sun Edison in 2015.
As a result of his efforts in the business world and in the community, Todd was named the Ernst and Young Entrepreneur of the Year 2010 in the services category for the Utah Region. He was also named Utah's Entrepreneur of the Year by Mountain West Capital Network, voted one of Utah’s 10 Coolest Entrepreneurs by Utah Valley BusinessQ and in 2015 was inducted into the David Eccles School of Business Hall of Fame.