SmartRent Says President And CEO Shane Paladin Steps Down

(RTTNews) - SmartRent, Inc. (SMRT), a provider of smart communities and smart operations solutions for the rental housing industry, announced Thursday that, at the request of the Board of Directors, Shane Paladin has stepped down from his positions as President and CEO, and also resigned from the Board, effective immediately.

John Dorman, Chairman of the Board, has been appointed interim CEO and Alison Dean has been appointed lead independent director.

The Board has reinitiated its search with an executive search firm to assist in finding SmartRent's next CEO and is already in the process of identifying and evaluating candidates. Paladin will remain with the Company in an advisory role for three months to ensure a smooth transition.

Paladin has served at the positions for just over a year. Prior to joining the company, Paladin served as CEO of Siteimprove, a private equity-backed marketing technology SaaS company.

Before joining Siteimprove, Paladin held several senior-level roles at SAP SE (SAP), one of the world's largest enterprise software companies. He served as Chief Operating Officer of SAP Greater China.