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Allegion Appoints Stacy Cozad as New General Counsel

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Allegion (NYSE: ALLE), a global leader in security products, has announced the appointment of Stacy Cozad as Senior Vice President, General Counsel, and Corporate Secretary, effective August 5, 2024. Cozad succeeds Jeff Braun, who will retire on December 31, 2024. With nearly 30 years of experience, Cozad brings expertise in law, compliance, corporate communications, and cybersecurity. Previously, she served as EVP, General Counsel, and Corporate Secretary at Ingevity , managing $2 billion in 2023 revenue. John H. Stone, Allegion's CEO, highlighted Cozad's strategic problem-solving skills and dedication to core values, welcoming her to the executive leadership team to drive the company's growth and innovation.

Positive
  • Stacy Cozad's appointment brings nearly 30 years of legal and compliance expertise to Allegion (NYSE: ALLE).
  • Cozad's prior role at Ingevity involved managing a company with $2 billion in 2023 revenue, indicating strong leadership capabilities.
  • Allegion (NYSE: ALLE) aims to leverage Cozad's strategic problem-solving skills and commitment to core values for further growth and innovation.
Negative
  • Jeff Braun, who will retire on December 31, 2024, leaves behind a decade-long legacy that could pose continuity challenges during the transition period.

DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Stacy Cozad as senior vice president, general counsel and corporate secretary, effective Aug. 5, 2024.

Stacy Cozad (Photo: Business Wire)

Stacy Cozad (Photo: Business Wire)

In this role, Cozad will have responsibility for Allegion’s global legal affairs, trade compliance, enterprise risk management and corporate communications functions. She will succeed Jeff Braun, who has announced plans to retire on Dec. 31, 2024, and will serve as an advisor during the transition.

Cozad has nearly 30 years of experience spanning law, public affairs, compliance, sustainability, corporate communications and cybersecurity. Most recently, she has served as executive vice president, general counsel and corporate secretary of Ingevity Corporation, a publicly traded (NYSE: NGVT) global company with nearly $2 billion in 2023 revenue.

“Stacy is well-regarded for her extensive professional experiences, strategic problem solving and commitment to core values, and we are excited to welcome her to Allegion. As a member of our executive leadership team, she will help shape our next phase of growth and innovation,” said John H. Stone, Allegion president and CEO. “We are very grateful for Jeff’s many contributions to our company over the last decade. It’s been an honor to work alongside him, and we wish him the best in his retirement.”

Cozad’s background additionally includes time at Spirit AeroSystems Holdings, Inc. (NYSE: SPR), where she served as senior vice president, general counsel, chief compliance officer and corporate secretary. Prior, she worked at Southwest Airlines Co., first as senior attorney and then as associate general counsel.

Cozad earned her juris doctor degree magna cum laude from Pepperdine University School of Law.

About Allegion

Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $3.7 billion in revenue in 2023, and its security products are sold around the world. For more, visit www.allegion.com.

Media Contact:

Whitney Moorman – Director, Global Communications

317-810-3241

Whitney.Moorman@allegion.com



Analyst Contacts:

Jobi Coyle – Director, Investor Relations

317-810-3107

Jobi.Coyle@allegion.com



Josh Pokrzywinski – Vice President, Investor Relations

463-210-8595

Joshua.Pokrzywinski@allegion.com

Source: Allegion plc

FAQ

Who is the new General Counsel for Allegion as of August 5, 2024?

Stacy Cozad has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary for Allegion (NYSE: ALLE), effective August 5, 2024.

What is the past experience of Allegion's new General Counsel?

Stacy Cozad previously served as Executive Vice President, General Counsel, and Corporate Secretary at Ingevity and has nearly 30 years of experience in law, compliance, and corporate communications.

When is Jeff Braun retiring from Allegion?

Jeff Braun, the current General Counsel, will retire from Allegion on December 31, 2024.

What will be Stacy Cozad’s responsibilities at Allegion?

Stacy Cozad will oversee Allegion’s global legal affairs, trade compliance, enterprise risk management, and corporate communications functions.

How might Stacy Cozad's appointment impact Allegion's growth?

Allegion (NYSE: ALLE) expects Stacy Cozad's extensive experience and strategic problem-solving skills to drive the company’s next phase of growth and innovation.

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