Johnson Controls names Sankaran to new CTO role to further expand OpenBlue and digital technology solutions
- New Chief Technology Officer role to accelerate Johnson Controls innovation and momentum in integrated digital and technology leadership for smart, healthy and sustainable buildings
News provided by
Share this article
Share this article
CORK, Ireland, May 11, 2021 /PRNewswire/ Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings appointed Vijay Sankaran as vice president and chief technology officer, a new role aimed at accelerating product software engineering development and expanding customer solutions through the OpenBlue digital platform.
Sankaran has held leadership roles in technology transformation across a spectrum of industries and most recently was Chief Information Officer and Head of Innovation at TD Ameritrade, with responsibility for digital strategy, customer platforms, software engineering, technology operatio
Share this article
Share this article
ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for Security Alarms estimated at US$5.5 Billion in the year 2020, is projected to reach a revised size of US$9.4 Billion by 2027, growing at a CAGR of 7.8% over the period 2020-2027.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 11.8% CAGR
The Security Alarms market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 11.8% over the analysis period 2020 to 2027.
Clarios the company created when Johnson Controls sold its automotive battery business has filed to go public.
The company, based Glendale, is the world’s largest manufacturer of automotive batteries. Its batteries are found in one in three cars worldwide. And it employs about 16,000 people worldwide, including about 500 in the Milwaukee area.
The business was bought in 2019 by Brookfield Business Partners L.P., a publicly traded limited partnership, and a group of institutional investors, including Caisse de dépôt et placement du Québec, which manages public pension plans in Quebec.
Brookfield Business Partners is an affiliate of Brookfield Asset Management, a Canadian company with more than $600 billion of assets under management.
Share this article
Share this article
CORK, Ireland, April 30, 2021 /PRNewswire/ Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today reported fiscal second quarter 2021 GAAP earnings per share ( EPS ) from continuing operations, including special items, of $0.48. Excluding these items, adjusted EPS from continuing operations was $0.52, up 24% versus the prior year period (see attached footnotes for non-GAAP reconciliation).
Sales of $5.6 billion increased 3% compared to the prior year on a reported basis, and up 1% organically. GAAP net income from continuing operations was $343 million. Adjusted net income from continuing operations of $373 million, increased 18% versus the prior year. Earnings before interest and taxes ( EBIT ) was $650 million and EBIT margin was 11.6%. Adjusted EBIT was $537 million and adjusted EBIT margin was 9.6%, an increase of 150 basis points versus prior year results.
Johnson Controls ranked on Forbes Best Employers for Diversity List 2021
- Developing diverse and inclusive environments is not just good business, but imperative to Johnson Controls Healthy Buildings vision
- Johnson Controls reaffirms ambitious social and governance goals to develop pathways to leadership for women and minority leaders internally and externally
News provided by
Share this article
Share this article
MILWAUKEE, April 27, 2021 /PRNewswire/ Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, has been awarded on the Forbes list of Best Employers for Diversity 2021. At Johnson Controls, we strive to create an environment where every employee sees both the opportunity and the responsibility to contribute to our culture. It s through these contributions that we drive the mindsets, behaviors and innovation we need to power our mission and our customers successes, said George Oliver, chairman and CEO, Johnson Control