Resideo Files Form 10, Plans Mid-Q3/Q4 Spin-Off of $4.8B ADI Global Distribution
REZI•Resideo filed its Form 10 registration statement to spin off ADI Global Distribution, naming ADI’s leadership team and board and scheduling investor days for mid-July 2026. ADI’s carve-out fiscal 2025 results showed $4.8 billion revenue, $318 million adjusted EBITDA and a 6.6% EBITDA margin, with separation due between mid-Q3 and mid-Q4 2026.
1. Form 10 Filing and Spin-Off Schedule
Resideo filed its Form 10 registration statement with the SEC for the planned spin-off of ADI Global Distribution, targeting completion between mid-2026’s third and fourth quarters. The company also announced investor days in mid-July 2026 to outline the go-forward strategies for both Resideo and ADI.
2. ADI Leadership Team and Board
Resideo named Robert Aarnes as ADI’s President and CEO, with Michael Carlet as CFO, Marco Cardazzi as Chief Merchandising Officer, Alicia Copeland as COO, Jeannine Lane as General Counsel, James Olender as CIO and Nicole Stevens as Chief Accounting Officer. ADI’s board will be chaired by Michael Kaufmann and include directors Robert Aarnes, William Galvin, Christine Gorjanc and Cynthia Hostetler.
3. Financial Profile of ADI Carve-Out
In fiscal year 2025, ADI Global Distribution generated approximately $4.8 billion in revenue, recorded a $261 million net loss and produced $318 million in adjusted EBITDA. The business achieved a 22.3% gross margin, a 5.5% net loss margin and a 6.6% adjusted EBITDA margin, reflecting its platform strength and focus on profitable growth.
