Johnson Controls CFO Olivier Leonetti resigns; Marc Vandiepenbeeck named successor

Johnson Controls International plc

Olivier Leonetti resigns as EVP & CFO effective Jan. 30, 2024, to take an external executive role; no disagreements cited.
Marc Vandiepenbeeck, currently VP & President of Building Solutions EMEALA, will succeed Leonetti as EVP & CFO.
Vandiepenbeeck's base salary set at $750,000; eligible for prorated bonus capped at 100% of base salary for FY2024.
Vandiepenbeeck will receive long-term equity incentive awards (PSUs, options, RSUs) consistent with other executives.
Vandiepenbeeck has 20 years at Johnson Controls; previously CFO for Building Solutions North America.

item 5.02 item 9.01

Executive movements

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Appointed

Marc Vandiepenbeeck

Executive Vice President and Chief Financial Officer

JCI · Johnson Controls International plc

Effective: 2024-01-31
Filed: January 16, 2024, 6:59 PM ET

On January 16, 2024, the Company announced that Marc Vandiepenbeeck, the Company’s current Vice President and President, Building Solutions, Europe, Middle East, Africa and Latin America, will succeed Mr. Leonetti as the Company’s Executive Vice President and Chief Financial Officer and principal financial officer.

Departed

Olivier Leonetti

Executive Vice President and Chief Financial Officer

JCI · Johnson Controls International plc

Effective: 2024-01-31
Successor: Marc Vandiepenbeeck
Filed: January 16, 2024, 6:59 PM ET

On January 9, 2024, Olivier Leonetti notified Johnson Controls International plc (the “Company”) of his intention to resign as the Company’s Executive Vice President and Chief Financial Officer and principal financial officer to take an executive role outside of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Vandiepenbeeck was appointed as Executive Vice President and Chief Financial Officer at Johnson Controls International plc.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 16, 2024, the Company announced that Marc Vandiepenbeeck, the Company’s current Vice President and President, Building Solutions, Europe, Middle East, Africa and Latin America, will succeed Mr. Leonetti as the Company’s Executive Vice President and Chief Financial Officer and principal financial officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Olivier Leonetti resigned as Executive Vice President and Chief Financial Officer at Johnson Controls International plc.

Action: resigned
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 9, 2024, Olivier Leonetti notified Johnson Controls International plc (the “Company”) of his intention to resign as the Company’s Executive Vice President and Chief Financial Officer and principal financial officer to take an executive role outside of the Company.

View on SEC.gov

Johnson Controls International plc filing history →

Source: SEC EDGAR

accession 0000833444-24-000004

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