Todd Richard Pedersen (born November 23, 1968) is an American entrepreneur and the founder of Vivint, Inc., a home automation, security and energy company.
In 1992 he began selling pest-control services door-to-door from a small business with 10 employees based in a trailer in Arizona.
[7] The company became a major competitor in the industry, as well as expanding its marketing through more traditional venues such as television advertising and telephone sales representatives.
[15][16] Outside of his industry, Pedersen has sought innovation in public education, particularly emphasizing use of the abacus in the classroom at early ages to strengthen mathematical skills.
[19][20][21] Pedersen was named Entrepreneur of the Year by three separate entities, first in 2010 by Ernst & Young,[22] next by the Utah Valley Entrepreneurial Forum in 2012,[23] and in 2013 by MountainWest Capital Network.
[27][28] As of 2013 Pedersen lives with his wife and their five children in the Provo, Utah area, and is a member of the Church of Jesus Christ of Latter-day Saints.