Johnson Controls announces reorganization of its Building Efficiency business to drive improved growth and profitability
MILWAUKEE, Sept. 15, 2014 /PRNewswire/ -- Johnson Controls, a global multi-industrial company, today announced a significant reorganization of its Building Efficiency business to better align the division with the company's long-term strategies and to position it for profitable global growth.
Effective immediately, the North America branch business will be operating separately from Building Efficiency's global products business. The core heating, ventilation and air conditioning (HVAC) products organization will drive profitable global growth through investments in key HVAC product offerings such as the recent acquisition of Air Distribution Technologies (ADTI) and the planned Hitachi joint venture for variable refrigerant flow (VRF) technology. This focus on product offerings, manufacturing, supply chain, and channel support for distribution will drive operational excellence through efficient and cost effective operations designed to serve the changing global marketplace.
"As we continue to evolve as a global multi-industrial company, reorganizing Building Efficiency, along with our ongoing investments and growth initiatives, solidifies our focus and commitment on the business as a core strategic platform for Johnson Controls," said Johnson Controls Chairman and CEO Alex Molinaroli.
Dave Myers, president of Building Efficiency, has resigned and is leaving the company to pursue other interests.
Bill Jackson, who most recently served as executive vice president, Corporate Development, will immediately transition into the role of president, Building Efficiency. After joining the company in 2011, Bill was responsible for leading performance improvements and defining strategic options for the company's Automotive Electronics and Interiors business. Prior to joining Johnson Controls, he worked as a business consultant for 20 years, ultimately serving as senior vice president and board member of Booz & Company.
The North America branch business will continue to operate in its current form as a direct channel providing HVAC systems, services and solutions to customers in more than 120 locations throughout the United States and Canada. The restructuring of Building Efficiency will enable the organization to enhance its focus on customers through increased attention and investment in its North American branches. Trent Nevill, vice president and general manager of the North American branch business, will continue in his current role and report on an interim basis to Molinaroli.
"I want to personally thank Dave for his 20 years of service and dedication to Johnson Controls and York," said Molinaroli. "I have every confidence that Bill and Trent will effectively lead their respective teams through this reorganization while serving our customers and executing on our strategies for the buildings business."
About Johnson Controls:
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 170,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2014, Corporate Responsibility Magazine recognized Johnson Controls as the #12 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com or follow @johnsoncontrols on Twitter.
SOURCE Johnson Controls, Inc.