Johnson Controls Elects Stephen Roell as CEO, John Barth to Retire

Johnson Controls announced that Stephen A. Roell has been elected CEO effective October 1, 2007, succeeding John M. Barth who will retire on December 31, 2007. Roell was also elected chairman of the board effective January 1, 2008. This is a standard corporate leadership succession, not explicitly tied to private equity ownership.

“Johnson Controls, Inc. (NYSE: JCI) Board of Directors today announced that Stephen A. Roell, executive vice president and vice chairman, has been elected chief executive officer effective October 1, 2007. He was also elected chairman of Johnson Controls’ Board of Directors effective January 1, 2008. Mr. Roell will succeed John M. Barth, who will retire December 31, 2007.”

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