Nest Founder Tony Fadell Leaving Company
Marwan Fawaz, former Motorola Mobility executive, to be next CEO of Alphabet’s Nest
Tony Fadell stepped down as chief executive of Alphabet Inc.’s home-automation unit Nest, the latest hiccup at the Google parent’s businesses outside its core internet search and advertising.
Mr. Fadell’s departure follows reports that he was losing support of some Nest employees and struggling with new financial constraints from Alphabet. He said on Nest’s website Friday that the transition to a new Nest CEO has been in the works...
