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
- Source
- Official filing on sec.gov ↗
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
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
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.
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