Johnson Controls, a global multi-industrial company, and Tyco, a global fire and security provider, have combined to create Johnson Controls International plc, a global leader in building products and technology, integrated solutions and energy storage.
This merger brings together best-in-class product, technology and service capabilities across controls, fire, security, HVAC, power solutions and energy storage, to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential.
Johnson Controls and Tyco have highly complementary businesses, enabling the combined company to offer comprehensive and innovative building technology solutions to even more customers globally across various end markets. The new organization combines innovation pipelines for devices, controls, sensors, data analytics and advanced solutions to better capture the enormous market opportunity around “smart” buildings, campuses and cities.
In addition, the new company offers one of the largest energy storage platforms serving the global market, with capabilities including traditional lead acid as well as advanced lithium ion battery technology.
As one company, Johnson Controls and Tyco are linking complementary branch networks and independent channels to drive global growth, enhancing the revenue and earnings growth profile of established businesses.
George R. Oliver is chairman and CEO of Johnson Controls. Prior to becoming CEO on Sept. 1, 2017, he served as president and chief operating officer with responsibility for the company’s operating businesses and leading the integration of Johnson Controls and Tyco following their September 2016 merger.
Oliver previously served as chief executive officer of Tyco and as a member of its Board of Directors from September 2012 through the September 2016 merger with Johnson Controls. He joined Tyco in July 2006 as president of Tyco Safety Products and assumed additional responsibility as president of Tyco Electrical & Metal Products from 2007 through 2010. He was appointed president of Tyco Fire Protection in 2011.
Prior to Tyco, Oliver had a more than 20-year career with General Electric (GE), where he served in operational roles of increasing responsibility in several divisions, including as president and chief executive officer of GE Water and Process Technologies and president and chief executive officer of GE Engine Services, as well as previous leadership roles in GE's Aircraft Engines and Appliances divisions.
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