Recent Updates — JCI

Johnson Controls International plc announced that Julie Brandt, its Vice President and President of Global Commercial and Field Operations, will depart the company as part of a planned transition linked to changes in its operating model. Ms. Brandt is scheduled to leave her executive role on September 30, 2026, transitioning to an advisory position effective October 1, 2026, through December 31, 2026. Her departure triggers severance benefits under the company's Severance and Change in Control Policy for Officers. Johnson Controls International plc operates in the building technologies and energy efficiency industry, providing smart building solutions and HVAC systems globally.

Johnson Controls International plc reported fiscal third quarter 2026 results on July 29, 2026, posting GAAP earnings per share of $1.23 and adjusted EPS of $1.42. Sales increased 9% to $6.6 billion, with organic sales rising 10%. The company raised its full-year fiscal 2026 guidance for organic sales growth to approximately 8% (previously up ~6%) and adjusted EPS to ~$5.05 (previously ~$4.85). Orders increased 27% organically year-over-year, and the backlog grew 32% to $21.0 billion. The company paid dividends of $245 million during the quarter. Johnson Controls International plc operates in the building technologies and thermal management industry.

Johnson Controls International plc has adopted a long-term Value Growth Incentive Program (VGI Program) to align executive compensation with aggressive net sales and market capitalization targets through fiscal year 2030. The program includes target grant date fair values of $10.5 million for CEO Joakim Weidemanis and $5.3 million each for CFO Marc Vandiepenbeeck and CHRO Chris Scalia.