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Form 8-K · Current Report · Filed 2025-02-05

Johnson Controls International Announces New CEO Succession

Johnson Controls International plc announced on February 5, 2025, that Joakim Weidemanis will succeed George Oliver as the Company's Chief Executive Officer, effective March 12, 2025.

Filer
Johnson Controls International plc JCI · NYSE
Filed
Accession
0001104659-25-009733
CIK
0000833444
Signal
High impactIndustrials

Details

George Oliver will retire from the Board of Directors on July 31, 2025, and continue as Chairman until then. The company also announced a press release regarding the CEO succession and approved a retention award for its Executive Vice President and Chief Financial Officer, Marc Vandiepenbeeck.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$77.29

Next session

+13.9%

Since filing

+89.8%

Latest close

$146.66

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from JCI reporting the same item, with the next session's move:

Exhibits (1)

About Johnson Controls International plc

Johnson Controls International plc is a leading diversified technology and multi-industrial company that provides a wide range of products and services across various industries. Its primary function is to optimize building efficiencies, enhance comfort, and ensure safety. The company is widely recognized for its Building Technologies and Solutions division, which offers integrated platforms for HVAC (heating, ventilation, air conditioning), building automation, and security systems. Additionally, Johnson Controls plays a pivotal role in the energy sector through its power solutions, particularly with a focus on developing state-of-the-art battery technologies for automotive and renewable energy applications. As a global leader headquartered in Cork, Ireland, Johnson Controls serves various sectors including residential, commercial, and industrial markets. Its commitment to sustainability and innovation positions it as a significant player in advancing smart building and energy solutions on a global scale.

Exchange NYSE Industry Building Products & Equipment Company website ↗

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