Johnson Controls CEO to retire, names new director after talks with Elliott-February 2024-www.financetom.com

Johnson Controls CEO to retire, names new director after talks with Elliott

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Johnson Controls CEO to retire, names new director after talks with Elliott

Jul 31, 2024 5:06 AM

July 31 (Reuters) - Johnson Controls ( JCI ) said on

Wednesday that CEO George Oliver will retire and the building

solutions provider appointed Patrick Decker as a director to its

board following talks with activist investor Elliott Investment.

Elliott has built a more than $1 billion stake in Johnson

Controls ( JCI ).

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