Johnson Controls International Management

Management criteria checks 3/4

Johnson Controls International's CEO is George Oliver, appointed in Sep 2017, has a tenure of 5.17 years. total yearly compensation is $15.67M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth €40.73M. The average tenure of the management team and the board of directors is 2.5 years and 5.4 years respectively.

Key information

George Oliver

Chief executive officer

US$15.7m

Total compensation

CEO salary percentage	9.6%
CEO tenure	5.2yrs
CEO ownership	0.09%
Management average tenure	2.5yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Oliver's remuneration changed compared to Johnson Controls International's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	n/a	n/a	US$2b
Sep 30 2021	US$16m	US$2m	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$929m
Dec 31 2020	n/a	n/a	US$799m
Sep 30 2020	US$14m	US$1m	US$631m
Jun 30 2020	n/a	n/a	US$802m
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	n/a	n/a	US$1b
Sep 30 2019	US$15m	US$2m	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	n/a	n/a	US$1b
Sep 30 2018	US$15m	US$2m	US$1b
Jun 30 2018	n/a	n/a	US$1b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	n/a	n/a	US$1b
Sep 30 2017	US$13m	US$1m	US$672m
Jun 30 2017	n/a	n/a	US$666m
Mar 31 2017	n/a	n/a	US$458m
Dec 31 2016	n/a	n/a	US$824m
Sep 30 2016	US$10m	US$1m	US$732m

Compensation vs Market: George's total compensation ($USD15.67M) is above average for companies of similar size in the German market ($USD4.53M).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.

CEO

George Oliver (62 yo)

5.2yrs

Tenure

US$15,667,017

Compensation

Mr. George R. Oliver has been Chairman and Chief Executive Officer of Johnson Controls International plc since September 1, 2017. Mr. Oliver served as the President and Chief Operating Officer of Johnson C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Oliver	Chairman & CEO	5.2yrs	US$15.67m	0.093% $ 40.7m
Olivier Leonetti	Executive VP & CFO	2yrs	US$4.69m	0.0086% $ 3.8m
John Donofrio	Executive VP & General Counsel	5yrs	US$4.11m	0.0023% $ 996.3k
Ganesh Ramaswamy	VP & President of Global Services	2.9yrs	US$4.15m	0.00071% $ 311.6k
Daniel McConeghy	VP and Chief Accounting & Tax Officer	less than a year	no data	0.00040% $ 175.6k
Vijay Sankaran	VP & Chief Technology Officer	1.5yrs	no data	no data
Diane Schwarz	Chief Information Officer	2.3yrs	no data	no data
Antonella Franzen	VP and Chief Investor Relations & Communications Officer	4.6yrs	no data	no data
Philip Clement	Chief Marketing Officer	2.8yrs	no data	no data
François Mandeville	Corporate Development Officer	1.3yrs	no data	no data
Marlon Sullivan	Executive VP & Chief Human Resources Officer	1.2yrs	no data	0.00075% $ 329.2k
Michael Bartschat	Chief Procurement Officer & VP	8.3yrs	no data	no data

2.5yrs

Average Tenure

56yo

Average Age

Experienced Management: TYIA's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
George Oliver	Chairman & CEO	10.2yrs	US$15.67m	0.093% $ 40.7m
R. Yost	Independent Director	13.7yrs	US$315.00k	0.0082% $ 3.6m
Gretchen Frances Haggerty	Independent Director	4.7yrs	US$335.26k	0.0026% $ 1.1m
Pierre Cohade	Independent Director	3.9yrs	US$315.00k	0.0014% $ 614.5k
Carl Tinggren	Lead Independent Director	8.7yrs	US$349.74k	0.0045% $ 2.0m
Webster Dunbar	Independent Director	5.4yrs	US$315.00k	0.0019% $ 829.6k
Mark Vergnano	Independent Director	6.2yrs	US$315.00k	0.0037% $ 1.6m
Michael Daniels	Independent Director	12.7yrs	US$340.00k	0.011% $ 4.8m
John Young	Independent Director	4.9yrs	US$315.00k	0.0018% $ 772.5k
Simone Menne	Independent Director	4.7yrs	US$315.00k	0.0016% $ 724.2k
Jean Blackwell	Independent Director	4.4yrs	US$315.00k	no data

5.4yrs

Average Tenure

64yo

Average Age

Experienced Board: TYIA's board of directors are considered experienced (5.4 years average tenure).

Johnson Controls International Management

Management criteria checks 3/4

Key information

Recent management updates

Johnson Controls Appoints Chris Bontempo as Chief Marketing Officer

Johnson Controls International plc, Annual General Meeting, Mar 13, 2024

Johnson Controls International plc Announces Executive Changes

Michael E. Daniels Notifies Not to Stand for Re-Election to the Board of Johnson Controls International plc

Johnson Controls Announces Executive Changes

Johnson Controls International plc Announces Ganesh Ramaswamy Decides to Resign as Vice President and President of Global Services, Effective December 31, 2022

Recent updates

Hitachi Reportedly Planning to Sell its 40% Stake in an Air-Conditioning Joint Venture with Johnson Controls

Truelink Capital entered into a definitive agreement to acquire Air Distribution Technologies business of Johnson Controls from Johnson Controls International plc (NYSE:JCI).

Johnson Controls International plc Approves Regular Quarterly Dividend, Payable on July 19, 2024

Johnson Controls Appoints Chris Bontempo as Chief Marketing Officer

Johnson Controls International plc Provides Earnings Guidance for the Third Quarter of Fiscal Year 2024 and Maintains Earnings Guidance for the Full Fiscal Year 2024

Johnson Controls International plc Announces Quarterly Dividend, Payable on April 19, 2024

Johnson Controls International plc Provides Earnings Guidance for the Second Quarter and Full Year of 2024

Johnson Controls International plc, Annual General Meeting, Mar 13, 2024

Johnson Controls International plc Announces Executive Changes

Johnson Controls International plc Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2024

Michael E. Daniels Notifies Not to Stand for Re-Election to the Board of Johnson Controls International plc

Johnson Controls International plc Approves Regular Quarterly Dividend, Payable on January 12, 2024

Johnson Controls International plc announced delayed annual 10-K filing

Johnson Controls Receives DOE Grant to Accelerate U.S. Heat Pump Manufacturing

Singleton Schreiber Files Class Action Against Several Corporations Alleging Contamination of Private Water Supplies in Town of Campbell

Johnson Controls Launches New OpenBlue Service Ensuring Security Device Performance

Johnson Controls Announces Executive Changes

Johnson Controls International plc Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Johnson Controls International plc (NYSE:JCI) acquired FM:Systems Group, LLC for $455 million.

Johnson Controls International plc(NYSE:JCI) dropped from Russell 1000 Value-Defensive Index

Johnson Controls International plc (NYSE:JCI) acquired M&M Refrigeration, Inc.

Johnson Controls International plc Declares Quarterly Dividend, Payable on July 14, 2023

Johnson Controls International plc Updates Earnings Guidance for the Year 2023

Johnson Controls International plc Provides Earnings Guidance for the Second Quarter and Full Year 2023

Johnson Controls International plc (NYSE:JCI) entered into a sale and purchase agreement to acquire Hybrid Energy AS from Nordic Technology Group AS (OB:NTG).

Johnson Controls International plc Announces Ganesh Ramaswamy Decides to Resign as Vice President and President of Global Services, Effective December 31, 2022

Johnson Controls International plc (NYSE:JCI) acquired Computerised And Digital Security Systems Limited.

R. David Yost Not to Stand for Re-Election as Board of Director of Johnson Controls International plc

Johnson Controls International plc, Annual General Meeting, Mar 08, 2023

Johnson Controls International plc Announces Quarterly Dividend, Payable on January 13, 2023

Johnson Controls International plc Provides Earnings Guidance for the First Quarter and Full Fiscal Year 2023

Johnson Controls International plc Appoints Lei Schlitz as Global Products President

Johnson Controls International plc (NYSE:JCI) acquired Rescue Air Systems, Inc.

Johnson Controls International plc Approves Regular Quarterly Cash Dividend, Payable on October 14, 2022

Third quarter 2022 earnings released: EPS: US$0.55 (vs US$0.80 in 3Q 2021)

Johnson Controls International plc Provides Earnings Guidance for the Fourth Quarter of 2022

Johnson Controls Announces Jeff Williams to Retire as President of Global Products

Johnson Control Appoints Mohammad Khalid as the New Vice President and General Manager for Middle East and Africa

Johnson Controls International plc (NYSE:JCI) acquired Tempered Networks, Inc. from IDG Ventures, Ignition Partners, Rally Capital, LLC, Ridge Ventures and others.

Johnson Controls Announces Quarterly Dividend, Payable on July 15, 2022

Johnson Controls Appoints Rodney Clark as Chief Commercial Officer, Effective June 1, 2022

Johnson Controls Appoints Anu Rathninde as President, APAC

Second quarter 2022 earnings released: EPS: US$0.016 (vs US$0.48 in 2Q 2021)

Johnson Controls International plc Provides Financial Guidance for the Third Quarter and Full Year of 2022

Now 30% undervalued after recent price drop

Insufficient new directors

Johnson Controls International plc (NYSE:JCI) acquired Security Enhancement Systems, LLC.

Now 21% undervalued after recent price drop

Johnson Controls International plc Announces Resignation of Robert Vanhimbergen

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Johnson Controls International plc Provides Revenue Guidance for the Second Quarter and Full Year of 2022

Johnson Controls Unveils Industry-First OpenBlue Indoor Air Quality as a Service Solution to Help Organizations Keep Occupants Safe and Healthy

Johnson Controls International plc (NYSE:JCI) acquired FogHorn Systems, Inc.

Johnson Controls Makes High-Efficiency, Sustainable HVAC More Accessible with New Residential Leasing Program

Johnson Controls International plc Provides Earnings Guidance for the First Quarter and Fiscal Year 2022

Full year 2021 earnings released: EPS US$2.12 (vs US$0.84 in FY 2020)

Johnson Controls International plc Reaffirms Earnings Guidance for the Fourth Quarter and Full Year 2021

Third quarter 2021 earnings released: EPS US$0.80 (vs US$0.24 loss in 3Q 2020)

Insufficient new directors

Johnson Controls Helps Customers in Asia Pacific Meet Decarbonization and Sustainability Goals

Johnson Controls International plc(NYSE:JCI) dropped from Russell Midcap Value Index

Johnson Controls International plc Provides Earnings Guidance for the Third Quarter and Fiscal Year 2021

Johnson Controls International plc and the City of La Crosse Launches New Phase of Sustainability Initiative; Multi-Phase Plan to Generate $11 Million in Cost Savings

Johnson Controls International plc (NYSE:JCI) completed the acquisition of Silent-Aire Limited Partnership.

Second quarter 2021 earnings released: EPS US$0.48 (vs US$0.28 in 2Q 2020)

Johnson Controls International plc Initiates Fiscal 2021 Third Quarter Guidance and Raised Fiscal 2021 Full Year Guidance

Johnson Controls International plc Announces Quarterly Dividend, Payable on April 16, 2021

Telos Corporation and Johnson Controls Form Strategic Partnership

Johnson Controls International plc Partners with Urban League to Enhance Mission of Racial Equity