iControl installs new CEO
IControl Networks has hired Robert Hagerty as CEO, replacing the co-CEOs who had jointly run the company since late last year when iControl and uControl merged to form the current company.
Pre-merger, Jim Johnson had been CEO of uControl and Paul Dawes had been CEO of iControl. Post-merger, the two jointly ran the company. The two will remain with the company in unspecified leadership positions.
Hagerty most recently served as CEO of Polycom, a specialist in video and voice conferencing and Web and data solutions. Before joining Polycom, Hagerty held executive roles at Digital Equipment Corp., Conner Peripherals and Logitech.
During his tenure at Polycom, Hagerty increased company revenue from $37 million to $1.1 billion through organic growth and key acquisitions, and he held the lead unit market share in video and voice conferencing equipment.
IControl board member John Doerr, a partner at iControl investor Kleiner Perkins Caufield & Byers, said Hagerty was hired to replicate that kind of success at iControl.
"I am excited to join the iControl team and help the company execute on its vision for bringing advanced broadband home management to millions of homes," Hagerty said. "The company has already transformed the industry, and with our partners now putting products in homes, we will see an explosion in consumer adoption."
IControl Networks, a company that enables home security companies, broadband service providers and utilities to offer the next generation of home management, security and connectivity to their customers, is also backed by Charles River Ventures, Cisco, Comcast Ventures, Intel Capital, Rogers Communications and Tyco International, in addition to the Kleiner Perkins Caufield & Byers iFund.