Nest CEO steps down as division is brought under the Google Home team

Nest CEO Marwan Fawaz is stepping down as the smart home gadget maker is reshuffled yet again, now operating under the Google division responsible for the company's Home smart speakers, according to a report from CNET. Just five months ago, Fawaz oversaw Nest's reintegration under Google; for the last three years, Nest operated as an independent entity under Google parent company Alphabet.

The decision to bring Nest back under the Google umbrella was designed to help hardware chief Rick Osterloh better integrate Nest products with Google's own hardware and software, much of it increasingly driven by artificial intelligence advances. Now, Fawaz is taking on an advisory role, and Nest will be overseen by Rishi Chandra, the vice president...

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