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Johnson Controls Announces New CEO and Leadership Changes

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Johnson Controls Announces New CEO and Leadership Changes

An update from Johnson Controls ( (JCI) ) is now available.

On February 5, 2025, Johnson Controls announced the appointment of Joakim Weidemanis as the new Chief Executive Officer, succeeding George Oliver, effective March 12, 2025. This leadership transition marks a significant change in the company’s governance, with Weidemanis bringing extensive experience from Danaher Corporation. George Oliver will remain as Chairman until his retirement on July 31, 2025, after which Mark Vergnano will take over as independent Chairman. Additionally, a retention award was approved for Marc Vandiepenbeeck, the CFO, to ensure leadership stability during this transition period.

More about Johnson Controls

Johnson Controls International plc operates in the building technology and solutions industry, offering products and services for heating, ventilation, air conditioning, and refrigeration systems. The company focuses on enhancing operational efficiency and sustainability through innovative building management solutions.

YTD Price Performance: -2.10%

Average Trading Volume: 3,747,415

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $51.02B

For a thorough assessment of JCI stock, go to TipRanks’ Stock Analysis page.

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