Todd Pedersen, CEO and founder of Vivint, was inducted into the David Eccles School of Business Hall of Fame at a ceremony on Friday, March 6 at the St. Regis Deer Valley in Park City.

Pedersen has skyrocketed from running a pest-control business out of a single-wide trailer in 1992 to being named Ernst and Young’s Entrepreneur of the Year in 2010 for Vivint, which now boasts 7,000 employees and 900,000 customers. Vivint is now the second largest residential security and home automation provider in North America.

A keystone moment for Pedersen was the acquisition of Vivint by The Blackstone Group for more than $2 billion in 2012, the largest tech buyout in Utah history. The previous year, Pedersen launched Vivint Solar, which completed a successful IPO in October 2014 and is now the second largest residential solar provider in the country. In 2013, Vivint was ranked number 46 on Forbes’ list of America’s Most Promising Companies.

Pedersen joins esteemed company in the David Eccles School of Business Hall of Fame, which recognizes individuals whose achievements are models for present and future students.

“It is an honor to be named to the David Eccles School of Business Hall of Fame,” said Pedersen. “Utah has become a hub for technology and innovation, and I’m impressed with the entrepreneurial curriculum at the University of Utah. I hope my work will inspire the many talented alums of the university and the entrepreneurs who will graduate from the Eccles School.”

About the David Eccles School of Business Hall of Fame

Plaques highlighting each member’s significant accomplishments and contributions to the community are displayed outside the Bill and Pat Child Family Community Hall in the Spencer Fox Eccles Business Building.

The list of Eccles Sch