Post-Merger Leadership Structure Announced

Alex Molinaroli, current chairman and CEO of Johnson Controls, will serve as chairman and CEO of the new company for 18 months post-closing, then as executive chair for one year before retiring. George Oliver, current CEO of Tyco, will serve as president and COO and succeed Molinaroli as CEO.

“Alex Molinaroli will be the chairman and chief executive officer (CEO) of the new company for a term of 18 months after closing. At that time, Mr. Molinaroli will serve as executive chair for a term of one year, and then retire. George Oliver will serve as president and chief operating officer of the new company, and will succeed Mr. Molinaroli as CEO.”

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