Tag: Joakim Weidemanis
Johnson Controls shows ‘great momentum and a clear focus’ in Q1, Oliver says
February 12, 2025Cory Harris, Editor
CORK, Ireland—With a leadership change on the horizon, Johnson Controls International (JCI) reported strong numbers in fiscal Q1 2025, which certainly pleased outgoing Chairman and CEO George Oliver.
Sales in the quarter of $5.4 billion increased 4% over the prior year on an as reported basis and 10% organically. Q1 Generally Accepted Accounting Principles (GAAP) earnings per share (EPS) were $0.55, with an adjusted EPS of $0.64.
"Johnson Controls is starting...
Johnson Controls announces Joakim Weidemanis as next CEO
February 6, 2025SSN Staff
CORK, Ireland—Johnson Controls, a global provider of smart, healthy and sustainable buildings, announced that its Board of Directors has appointed Joakim Weidemanis as chief executive officer (CEO), effective March 12, 2025.
Weidemanis succeeds George R. Oliver following a thorough succession planning process. Oliver, who led the company’s successful transformation into a pure-play building solutions provider, will continue to serve as non-executive chairman of the board until July...