Welcome to our dedicated page for Johnson Controls International news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International stock.
Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
Johnson Controls (NYSE:JCI) announces the retirement of 38-year veteran Jeff Williams as President of Global Products, effective August 1, 2022. A search for his successor is underway. Williams has led the Global Products division since 2019, which accounts for over one-third of the company's $24 billion annual revenue. His successor will focus on advancing technology in building management, emphasizing artificial intelligence through the OpenBlue platform, enhancing operational performance and sustainability.
On June 30, 2022, Johnson Controls (NYSE: JCI) unveiled the OpenBlue Pioneers award to honor leaders in the development of smart, sustainable buildings. The first winners, including BEEAH Headquarters and the Chase Center, exemplify innovative use of Johnson Controls' OpenBlue technology to enhance environmental sustainability and energy efficiency. The initiative highlights the company's commitment to reducing carbon emissions while promoting health and economic prosperity. Johnson Controls aims to accelerate the digital transformation of buildings, creating healthier spaces worldwide.
Summary not available.
Johnson Controls (NYSE: JCI) CEO George Oliver co-signed a letter with global leaders urging G7 nations to enhance greenhouse gas emissions reduction efforts, emphasizing the buildings sector, which accounts for 40% of global emissions. The letter advocates for carbon pricing starting at $30 per tonne, potentially rising to $120 per tonne. The Sustainable Markets Initiative, chaired by the Prince of Wales, supports this initiative. Oliver stressed the need for sustainable energy strategies and private investment incentives to address energy supply challenges while promoting advanced optimization technologies.
Johnson Controls and Accenture are launching two new OpenBlue Innovation Centers aimed at enhancing AI-enabled building control systems. The initiative focuses on developing advanced hardware and software leveraging 5G and IoT technologies, promoting improved connectivity and visualization in building management. This investment supports Johnson Controls' commitment to net-zero buildings, ultimately reducing carbon emissions and enhancing occupant safety. The collaboration will employ AI analytics and digital twins to optimize energy efficiency and operational costs.
Johnson Controls (NYSE: JCI) has acquired Tempered Networks, a provider of zero trust cybersecurity solutions. This strategic move enhances JCI's OpenBlue platform by integrating Tempered's Airwall technology, which secures building data and communications from edge to cloud. The acquisition aims to bolster cybersecurity in critical infrastructure, enabling secure device interactions and continuous data authentication. Terms of the deal were not disclosed, but it aligns with JCI's vision for fully autonomous and resilient buildings, emphasizing advanced security measures against cyber threats.
Summary not available.
On June 8, 2022, Johnson Controls International plc (NYSE: JCI) announced a quarterly cash dividend of $0.35 per share, payable on July 15, 2022. Shareholders of record by June 21, 2022 will receive this dividend. This marks a continuation of consecutive dividends since 1887, reflecting the company's commitment to returning value to shareholders. Johnson Controls is a global leader in smart and sustainable buildings, with over 100,000 employees in 150 countries, dedicated to enhancing building performance.
Summary not available.
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.