Tag: Johnson Controls (JCI)
Johnson Controls shows ‘great momentum and a clear focus’ in Q1, Oliver says
February 12, 2025Cory Harris, Editor
CORK, Ireland—With a leadership change on the horizon, Johnson Controls International (JCI) reported strong numbers in fiscal Q1 2025, which certainly pleased outgoing Chairman and CEO George Oliver.
Sales in the quarter of $5.4 billion increased 4% over the prior year on an as reported basis and 10% organically. Q1 Generally Accepted Accounting Principles (GAAP) earnings per share (EPS) were $0.55, with an adjusted EPS of $0.64.
"Johnson Controls is starting...
Johnson Controls announces Joakim Weidemanis as next CEO
February 6, 2025SSN Staff
CORK, Ireland—Johnson Controls, a global provider of smart, healthy and sustainable buildings, announced that its Board of Directors has appointed Joakim Weidemanis as chief executive officer (CEO), effective March 12, 2025.
Weidemanis succeeds George R. Oliver following a thorough succession planning process. Oliver, who led the company’s successful transformation into a pure-play building solutions provider, will continue to serve as non-executive chairman of the board until July...
PSA Network unveils 2025 P3 partners
January 9, 2025SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the 25 members of the PSA Partner Program (P3) for 2025.
The P3 program is a performance-driven initiative tailored for technology partners, evaluating and categorizing them based on criteria reflecting their impact and achievements within the network.
Partners meeting the annual sales threshold are assessed using a weighted scale. Their cumulative scores...
Experts offer additional 2025 security predictions
December 30, 2024Ken Showers, Managing Editor
YARMOUTH, Maine — Security Systems News (SSN) tapped a few more industry experts to offer a final round of predictions on what to expect in 2025.
For the first round of predictions, go here.
A crossing guard for the intersection of cyber, physical security
Greg Parker, global vice president, security and fire, life cycle management, Johnson Controls, highlighted what he calls the growing interconnectivity of building management systems and the need for layered risk...
SSN, SIA WISF to continue partnership to promote diversity in 2025
December 3, 2024Cory Harris, Editor
YARMOUTH, Maine, and SILVER SPRING, Md.—Security Systems News is proud to partner again in 2025 with the Security Industry Association's (SIA’s) Women in Security Forum (WISF) to spotlight an incredibly diverse list of security professionals (see list below) to be highlighted in special features throughout the year.
SSN and SIA WISF began the partnership in 2021 and in 2022, expanded coverage beyond one issue with one person profiled in each issue, as well as online at...
Johnson Controls builds 'momentum' heading into fiscal 2025
November 8, 2024Cory Harris, Editor
CORK, Ireland—Johnson Controls Chairman and CEO George Oliver says he’s “very pleased” with the strong end to the company’s Q4 and fiscal year results, giving it “momentum” going into fiscal 2025.
During the Q4 earnings call, Oliver cited double-digit organic sales growth and robust margin expansion as the catalysts to the solid numbers Johnson Controls shared with investors on Nov. 6.
“Today, we are a faster-growing, more...
'We will be a simpler, higher-growth company' - Johnson Controls divests businesses as Oliver bows out
August 5, 2024Ken Showers, Managing Editor
CORK, Ireland — Johnson Controls’ sales in the third quarter were steady as the company continues to transform its business, including through divestitures, to better fit a leaner and more competitive industrial market.
The company reported sales of $7.2 billion, a 1% increase year over year. GAAP net income was $975 million. Adjusted net income was $769 million. The company also reported 10% growth to its backlog in the quarter, which Chairman and CEO George Oliver said increases...
Orange County, N.C., ECC goes live with TMA’s Automated Secure Alarm Protocol
August 2, 2024SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) announced that the Orange County Emergency Services, Public Safety Communications Division became the 146th Emergency Communications Center (ECC) in the United States and the 14th in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring...
Johnson Controls CEO George R. Oliver to retire
August 2, 2024SSN Staff
CORK, Ireland—Johnson Controls announced that George R. Oliver will retire following the company's substantial progress on its portfolio transformation.
Oliver has led the Johnson Controls' business and portfolio transformation since becoming Johnson Controls chairman and CEO in 2017. He will continue to serve as chairman and CEO until a successor is named and will remain chair of the board once the new CEO is named to allow for a smooth management transition.
"It has...
Johnson Controls introduces Digital Enrollment mobile app
August 1, 2024SSN Staff
MILWAUKEE—Johnson Controls, a global provider for smart, healthy and sustainable buildings, has introduced the Digital Enrollment mobile application for auto-addressing fire detection and alarm devices.
By simply scanning and downloading data via a QR code located on each addressable device, the Digital Enrollment app provides an addressing solution that helps eliminate errors and is faster compared to traditional methods, with no special tools required.
The app lets users install and...