Johnson Controls Accelerates CEO and Chairman Transition

Johnson Controls International plc announced the acceleration of its leadership transition. George R. Oliver will become Chairman and CEO effective September 1, 2017, succeeding Alex A. Molinaroli, who will depart the company and board.

“On August 21, 2017, the Company announced that the Board has determined to accelerate the transition of the roles of Chairman and Chief Executive Officer of the Company, such that Mr. Oliver will become Chairman and Chief Executive Officer of the Company effective as of September 1, 2017. In addition, Mr. Molinaroli will cease to serve as a member of the Board of Directors of the Company as of September 1, 2017.”

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