Johnson Controls

Johnson Controls International plc
Company typePublic
ISINIE00BY7QL619
IndustryConglomerate
Founded1885; 139 years ago (1885) (as Johnson Electric Service Company)
September 9, 2016; 8 years ago (September 9, 2016) (current Johnson Controls International plc)
FounderWarren S. Johnson
HeadquartersCork, Ireland[1]
Key people
George Oliver (Chairman, CEO)
ProductsClimate Control, HVAC, Facility Management, Fire Alarm and Suppression
Revenue Increase US$26.8 billion (2023)
Increase US$2.03 billion (2023)
Increase US$1.85 billion (2023)
Total assetsIncrease US$42.2 billion (2023)
Total equityIncrease US$16.5 billion (2023)
Number of employees
c. 100,000 (2023)
SubsidiariesJohnson Controls Hitachi
Websitewww.johnsoncontrols.com Edit this at Wikidata
Footnotes / references
Financials as of September 30, 2023.[2]
Johnson Controls office in Ontario

Johnson Controls International plc is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland,[3] that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents.[4] In 2017 it was listed as 389th in the Fortune Global 500.[5] It became ineligible for the Fortune 500 in subsequent years since it relocated its headquarters outside the U.S.[6]

The company was formed via the merger of American company Johnson Controls with Tyco International, announced on 25 January 2016. The merger led to the avoidance of taxation on foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli.[7][8]

  1. ^ 10-Q filing from sec.gov
  2. ^ "Johnson Controls Annual Report for Fiscal Year 2023". U.S. Securities and Exchange Commission. 14 December 2023. Retrieved 28 March 2023.
  3. ^ Johnson Controls 10-Q filing from sec.gov
  4. ^ Mendonça, Elaine (27 September 2023). "Ransomware Attack on Johnson Controls International A Reminder of Cybersecurity Threats". Best Stocks. Retrieved 29 September 2023.
  5. ^ "Global 500 Top Companies". Fortune. Archived from the original on 23 December 2019. Retrieved 9 June 2017.
  6. ^ "2017 Fortune 500". Fortune.
  7. ^ Surane, Jennifer (25 January 2016). "Johnson Controls Merges With Tyco in Tax-Lowering Maneuver". Bloomberg Business. Retrieved 9 March 2016.
  8. ^ Stephen Gandell. "You Won't Believe How Much Johnson Controls' CEO Is Making on the Tyco Deal". Fortune 25 January 2016.