Johnson Controls Announces Appointment of Joakim Weidemanis as Chief Executive Officer

George R. Oliver, who led the company’s transformation into a leading provider of building solutions, will remain non-executive Chairman of the Board of Directors through July 31, 2025. He will then be succeeded in this role by Mark P. Vergnano, a Johnson Controls Board member since 2016. George R. Oliver will continue to serve as an advisor to the company through December 31, 2025 to ensure a smooth transition.

Joakim Weidemanis is a seasoned executive with a proven track record of leading global technology businesses and generating growth. During his 13 years at Danaher Corporation, he held a variety of senior leadership positions that gave him deep expertise in developing and structuring global businesses with a focus on innovation, efficiency and customers. Prior to joining Johnson Controls, he was Executive Vice President, Diagnostics and China at Danaher, overseeing the operational leadership of a nearly $15 billion technology group comprised of eight global businesses. Under his leadership, Danaher’s diagnostics business grew significantly through both acquisitions and organic expansion. Previously, he held positions of increasing responsibility at Mettler Toledo and ABB. Throughout his nearly 30-year career, Weidemanis has lived and worked in the United States, Europe and Asia.

For Jürgen Tinggren, lead independent director of the Board of Johnson Controls: “Joakim takes the helm of Johnson Controls with a mission to accelerate the company’s growth in the field of complete commercial building solutions. His approach to managing service businesses is a strong fit with Johnson Controls’ operating model. Throughout his career, he has demonstrated an exceptional ability to lead large global businesses, scaling them organically and through acquisitions, and optimizing product portfolios by leveraging technology to achieve leading financial performance. With significant progress in our transformation, George has positioned Johnson Controls well to seize the opportunities ahead. On behalf of the Board of Directors, we thank him for his outstanding leadership over the past eight years.”

For Joakim Weidemanis: “I was immediately drawn to the culture and heritage of Johnson Controls, a company with a 140-year history of developing innovative technologies for smart, sustainable and efficient building management. I am passionate about leading global technology businesses that help their customers succeed and make a positive impact on the world. With my experience and the work that George and his teams have accomplished, I look forward to unlocking the full potential of Johnson Controls for the benefit of our customers, employees and shareholders.”

For George R. Oliver: “Joakim is the ideal person to lead Johnson Controls as CEO. Our efforts over the past eight years are transforming Johnson Controls into a more profitable, faster-growing company that is better positioned to achieve its financial and operational goals. As we continue the momentum in 2024, I look forward to working with Joakim and the team to ensure a smooth transition and usher in an exciting new era for Johnson Controls.”