Johnson Controls Announces Successor to George Oliver

Johnson Controls has appointed Joakim Weidemanis as Chief Executive Officer with effect from 12th March following the its AGM.

Weidemanis succeeds George Oliver who has led the company’s successful transformation into a pure-play building solutions provider and will continue to serve as Non-Executive Chairman of the Board until July 31 when he will be succeeded as Chairman by Mark Vergnano, who has served on the Johnson Controls Board since 2016.

Oliver will then remain as an advisor to the company for the remainder of 2025, providing ongoing support and ensuring a smooth leadership transition.

With a successful track record in leading global technology-driven businesses and delivering profitable growth, Weidemanis held several executive roles over his 13-year career at Danaher Corporation providing him with extensive experience scaling global companies from a foundation of customer orientation, innovation and efficiency.

He also served in various operating and corporate development roles at ABB from 1995 to 2005, most recently as President and Managing Director.

Weidemanis also currently serves as a non-executive Board Member of ASSA ABLOY Group since April 2020, and has lived and worked in the United States, Europe and Asia over the course of his approximately 30-year career.

Jürgen Tinggren, lead independent director of the Johnson Controls Board, comments: “The Board identified Joakim as uniquely suited to lead Johnson Controls during its next chapter of growth as a pure-play provider of comprehensive solutions for commercial buildings,”

Throughout his career, he has demonstrated remarkable ability as an operator of large global businesses, scaling both organically and inorganically, and is adept in shaping product portfolios and leveraging technology to deliver best-in-class financial performance.

Joakim’s approach to leading service-oriented businesses aligns well with both the Johnson Controls approach and our end-to-end operating model.

“As we have made substantial progress in our transformation, George has set the stage for Johnson Controls to capitalize on the opportunities ahead.

On behalf of the Johnson Controls Board, we thank him for his remarkable leadership over the last eight years.”

Oliver says: “Joakim is the ideal person to lead Johnson Controls as CEO.

The efforts we have made over the past eight years have transformed Johnson Controls into a simpler, more profitable and faster growing Company better able to deliver on our financial and operational objectives.

As we build on the momentum from fiscal 2024, I look forward to working with Joakim and the team to ensure a smooth leadership transition and a promising future for Johnson Controls.”

Weidemanis adds: “As I come to know Johnson Controls, I am energized by its mission-driven culture and strong 140-year legacy of developing market-leading technology and solutions that enable customers to manage their facilities in a smarter, more sustainable and more productive way.

“I am deeply passionate about leading global technology-driven businesses that help customers advance their goals and make a meaningful, positive impact on society.

I look forward to leveraging my experience and the foundation George and the team have built to deliver on the company’s full potential for customers, employees and shareholders.”