Top 50 influencers in security & fire 2017: security manufacturers/service providers
6. Adam Stroud, CEO, Paxton Adam Stroud, who began his Paxton career 20 years ago on the factory production line, is now at the helm of a company that made it into the illustrious FT1000, an index of the 1,000 fastest growing companies in Europe. The company has also been named as one of the London Stock Exchange s 1000 Companies to Inspire Britain.
Paxton s turnover has grown by 13m in three years, a rise of more than 65%, while profits have grown 50% year on year since Stroud became CEO in 2012. His admirers credit Stroud with driving Paxton s company s ethos, which is centred on simplicity and quality. Adam has also helped Paxton pre-empt and react to the proliferation of on-demand services and developments in smartphone capability. Adam has overseen international expansion with Paxton opening offices in the US, France, Germany, Benelux, South Africa and the UAE. Stroud has also overseen the introduction of IP technology to its Net2 system. He has also recognised the synergy between access control and door entry to introduce Net2 Entry to the market, and more recently bringing access control and building automation together to create net10. Adam was actively involved in the debate that advances in consumer technology meant that customers now expected their security systems to work seamlessly together.
Aware of the growing demand for smart buildings, essentially systems that interact with other building facilities such as lighting and heating, Adam has strived to make the security industry aware of the business opportunity that exists for installers who choose to diversify into building automation.