Johnson Ctls Intl Plc Stock Price, News & Analysis

Johnson Controls (NYSE: JCI) has appointed Rodney Clark as Vice President and Chief Commercial Officer, effective June 1, 2022. Clark will lead global sales excellence efforts, succeeding Brian Young and partially taking over duties from retiring Chief Customer and Digital Officer Michael Ellis. Previously at Microsoft, Clark brings extensive experience in digital transformation and IoT sales. CEO George Oliver highlighted Clark's role in enhancing customer collaboration and driving growth through innovative solutions like OpenBlue, aimed at sustainability in building management.

Johnson Controls, a founding member of the First Movers Coalition, supports its expansion to over 50 corporate members, representing roughly $8.5 trillion in market cap. This global initiative aims to accelerate clean technology advancements to achieve net-zero emissions by 2050. Johnson Controls has committed to purchasing 10% near-net-zero carbon steel by 2030 and aims to achieve net zero Scope 1 and 2 emissions by 2040. The coalition, launched at COP26, targets heavy carbon-emitting sectors, emphasizing collaboration between businesses and governments for a sustainable future.

Johnson Controls has been named one of the 100 Best Corporate Citizens for 2022, marking its 17th consecutive year on the list. The company moved up from #33 to #21 overall and ranks second in the Capital Goods sector. This recognition highlights Johnson Controls' commitment to environmental, social, and governance (ESG) practices. Notably, the company has reduced its carbon and energy intensity by over 70% since 2002 and has developed innovative solutions like OpenBlue to promote sustainable building practices.

Johnson Controls International (NYSE: JCI) will present at the 15th Annual Wolfe Research Global Transportation & Industrials Conference on May 26, 2022, at 9:45 a.m. EDT. CFO Olivier Leonetti will lead the presentation, which will be available via live webcast on the company's website. Johnson Controls, a leader in smart, healthy, and sustainable buildings, aims to enhance building performance globally, leveraging its digital offering, OpenBlue, and a workforce of 100,000 experts across 150 countries.

Johnson Controls (NYSE:JCI) has appointed Anu Rathninde as vice president and president of Asia Pacific, succeeding Visal Leng. Rathninde brings extensive leadership experience, having previously overseen a large engineering team at Aptiv and held key roles at Delphi and Johnson Electric. His leadership will focus on furthering growth strategies, particularly in China and the Asia Pacific region, while advancing innovation through the OpenBlue digital platform aimed at delivering sustainable building solutions. Rathninde will report to CEO George Oliver and be based in Shanghai.

Johnson Controls (NYSE:JCI) has launched an innovative Privacy Center to enhance transparency regarding data privacy and security in compliance with global laws. This platform provides Data Privacy Sheets detailing product-specific privacy features and addresses common privacy concerns. The company has achieved three certifications recognizing its commitment to privacy excellence, including the Enterprise Privacy Seal and APEC certifications. The Privacy Center aims to set a new industry standard while reinforcing Johnson Controls' dedication to data protection and stakeholder trust.

Johnson Controls International (NYSE: JCI) reported fiscal Q2 2022 results, revealing a GAAP EPS of $0.02 and adjusted EPS of $0.63, up 21% from the previous year. Sales reached $6.1 billion, a 9% increase, with a record backlog of $10.9 billion, up 12% year-over-year. Despite strong growth in orders, supply chain issues have delayed backlog conversion, prompting a revision of adjusted EPS guidance for the year to between $2.95 and $3.05. The company repurchased over $1 billion in shares to date this fiscal year, reinforcing confidence in future growth.