Jay Geldmacher Biography and Net Worth

As President and CEO of Resideo, Jay Geldmacher leads a $5B global provider of critical comfort, residential thermal solutions, and security solutions primarily in residential environments.

Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. The company serves more than 110,000 professionals through leading distributors, including their ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world.

As a 30-year industry veteran, Geldmacher brings to Resideo experience leading a complex industrial and technology spinout, Artesyn Embedded Technologies. Geldmacher has delivered consistent results in both public and private equity-backed companies, combining operational excellence with thoughtful capital allocation to gain market share and grow profits in competitive technology markets. Most recently, Geldmacher was President and CEO of Electro Rent Corp, a leader in testing and technology solutions.

Previously, Jay served as President and CEO of Artesyn Embedded Technologies, a joint venture between Emerson Electric and Platinum Equity. Prior to that, he served as Executive Vice President of Emerson Electric Company and President of Emerson Network Power’s Embedded Computing & Power Group, which designed, manufactured, and distributed embedded computing and power products, systems, and solutions. From 1996 to 2007, he served in a variety of roles of progressive responsibility at Emerson Electric.

Geldmacher currently serves on the board of directors of Seagate Technology PLC, a publicly traded company. Previously, Geldmacher served on the board of directors of Verra Mobility and Owens-Illinois, Inc., on the advisory board of Vertiv, and on the advisory board of the University of Arizona’s business school. Geldmacher attended the University of Arizona on a full basketball scholarship where he received a Bachelor of Science degree in marketing, followed by an Executive MBA degree from the University of Chicago.